MasterCard Faucets Former U.S. Ambassador To Deal with Litigation

Law360 (Dec. 2, 2020, 7:44 p.m. EST) – MasterCard Inc. has announced that Richard Verma, former U.S. Ambassador to India, will join the company as Executive Vice President, Global Public Policy and Regulatory Affairs.

The financial services giant said Tuesday Verma would oversee its public policy, regulatory affairs and litigation teams and report to General Counsel Tim Murphy.

Ajay Banga, CEO of MasterCard, said in a press release that Verma has extensive experience in the fields of public policy, geopolitics, trade and international law.

“In his role as US Ambassador to India, Rich oversaw one of the largest US diplomatic missions in the world and took significant steps to deepen bilateral …

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