Washington:
Former US Ambassador to India Richard Verma has joined top economic solutions corporation Mastercard as its executive vice-president for worldwide public policy and regulatory affairs.
In this capacity, Richard Verma will oversee the company’s public policy, regulatory affairs and litigation teams about the planet, Mastercard mentioned in a statement.
Mr Verma joins Mastercard from capital advisory firm The Asia Group, exactly where he served as vice-chair and companion. He was US Ambassador to India from 2014 to 2017.
In addition, Mr Verma was the Assistant Secretary of State for Legislative Affairs, exactly where he led the department’s efforts on Capitol Hill, and was the former National Security Advisor to the Senate Majority Leader for lots of years.
Rich (Verma) is a confirmed leader with in depth expertise in public policy, geopolitics, trade and international law, mentioned Ajay Banga, Chief Executive Officer, Mastercard.
“In his role as US Ambassador to India, Rich oversaw one of the largest US diplomatic missions in the world and took integral steps to deepen bilateral ties,” Mr Banga mentioned.
With his experience and robust relationships worldwide, Rich will be a crucial counselor to business leaders and governments on the worldwide move to a digital economy. We appear forward to operating closely with Rich to develop on our robust foundation, Mastercard mentioned in its statement.
Richard Verma is a veteran of the US Air Force, and a recipient of various awards and decorations, like the State Department’s Distinguished Service Award.
He is at the moment a Senior Fellow at Harvard University’s Belfer Center for Science and International Affairs and he serves on various boards and commissions, like the National Endowment for Democracy and Lehigh University.
He holds degrees from Georgetown University (Ph.D.), the Georgetown University Law Center (LLM), the American University’s Washington College of Law (JD), and Lehigh University (BS).
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