MasterCard Appoints Matthew Lanford to Head European Pre-paid Business
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Wednesday, 28 January 2009 |
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MasterCard has announced the appointment of Matthew Lanford to the
position of Senior Business Leader, Europe Prepaid Product Development,
effective immediately.
Lanford will assume regional responsibility for innovation, product
development, go-to-market strategy and commercialization of the
MasterCard portfolio of prepaid products, reporting to Laura Kelly,
Senior Vice President, Global Debit and Prepaid Product Solutions,
MasterCard Worldwide.
Laura Kelly commented on the appointment: "Europe represents a
significant opportunity for the MasterCard prepaid business. Our recent
work with PSE Consulting confirmed that the spend opportunity in Europe
is substantial - and still in its relative infancy - projected to total
$120 billion by 2015. With his knowledge and experience, Matt is well
positioned to capitalise on this opportunity and bring fresh insights
and strategic leadership to the region."
Matthew Lanford said: "I am very excited to join the team in Europe and
build on their great success. Prepaid remains an incredible growth
opportunity for our issuing and merchant partners and I look forward to
continuing the great momentum achieved."
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