Michael Miebach is chief executive officer of Mastercard and a member of its board of directors.
He is leading the company into a more digital world where Mastercard powers economies and empowers people by harnessing innovation and the continued application of new technologies. The company is helping to deliver better experiences that are shaping the future of seamless commerce, while bolstering cyber services and data-powered insights. For much of the past decade, first as chief product officer and then president, Michael was critical to setting the strategy that transformed the company’s offerings from a consumer card-centric business to a platform supporting choice in how businesses, people and governments make payments. This strategy, combined with the company’s customer focus, helped Mastercard evolve and diversify into new areas including real-time payments, open banking, digital identity and other value-added services.
His collaborative approach creates scalable and trusted solutions for the exchange of payments and data and can be seen in his leadership of the acquisitions of Vocalink, Finicity, Ekata, CipherTrace and the corporate services business of Nets – each expanding Mastercard’s range of payment flows. Michael joined Mastercard in 2010 to lead its Middle East and Africa operations, where he helped shape and advance the company’s financial inclusion efforts – first in Africa and subsequently around the world – with targeted solutions for governments and their citizens that deliver a commercially sustainable social impact. Earlier in his career, Michael held senior roles at Barclays Bank and Citibank.
He is a member of the digital advisory council of Fannie Mae and a member of the board of directors for the non-profit Accion, which gives people across the world the financial tools and services they need to prosper. He sits on the board of directors of the World Resources Institute, a global non-profit organization focused on researching and implementing solutions across critical areas like food, water, cities and climate.
Michael is a member of The Business Roundtable, The Business Council and The International Business Council of the World Economic Forum. He sits on the board of directors for the Metropolitan Opera and serves as a board member at large for the Ronald McDonald House New York City.
Michael holds a Master of Business Administration from the University of Passau in Germany.