MasterCard announces new Australasia head
MasterCard has appointed a new division president for Australasia.
The company announced this week that it had appointed Wesfarmers executive, Richard Wormald, to the role, effective from 1 September.
Wormald's elevation follows on from the promotion of Eddie Grobler to the leadership team in global core products for MasterCard, becoming executive vice president for strategic projects, based in London.
Grobler joined MasterCard in 1999, and has been instrumental in leading the Australasian team as division president over the past eight years.
Wormald joins MasterCard from Wesfarmers where he built the Coles Financial Services business, including the Coles MasterCard card portfolio, Coles Insurance and Coles mobile wallet.
AUTHOR
Staff Writer
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.
