Mastercard elevates Joseph Fernandes to Head of Human Resources for South Asia

Joseph Fernandes_SVP, HR, Mastercard

New Delhi, 03 November 2022: Mastercard today announced the elevation of Joseph Fernandes as Senior Vice President & Head, People & Capability for South Asia. Joseph joined the company in 2017 and since then, has been leading HR for the India Tech Hub in Pune. He succeeds Priti Singh, who served in the position for over four years and has taken on a larger mandate to lead Mastercard’s People and Capability function for Eastern Europe, the Middle East, and Africa.

In his new role, Joseph will lead the team responsible for nurturing Mastercard’s talent pool in India and other South Asian markets (Bangladesh, Sri Lanka, Bhutan, Maldives, and Nepal). He will drive the values of diversity, equality, and inclusion, and further, strengthen the company’s position as the “most valued to work for”.

With over 8000 employees, India is the largest employee base for Mastercard, outside of the U.S., spanning Technology, Products & Innovation, Cyber & Intelligence, Data & Services, International Markets, and other verticals.

Nikhil Sahni, Division President, South Asia, Mastercard, said, “At Mastercard, the constant endeavor is to build a culture of inclusion and growth. Joseph has been a key advocate of this culture as evidenced by his work at the India Tech Hub where he drove a tremendous sense of objectivity and urgency into the talent management and development process. His elevation from within the company’s ranks is a result of Mastercard’s leadership development process.”

Commenting on the role, Joseph said, “Quality of talent is the cornerstone of success for a world-leading technology company such as Mastercard. I’m excited to lead the People & Capability function in South Asia where my focus will remain on deepening the inclusive work culture of the company and enhancing capabilities.”

With a career spanning over 20 years, Joseph has worked with JP Morgan Chase & Co., HSBC Software (India) Development Centre, and Tata Technologies. He holds a Master’s degree in Personnel Management from Pune University.

Mastercard in India has been certified as a ‘Great Place to Work for five years in a row since 2018. The company has been consistently ranked among the best organizations for working women owing to its inclusive hiring and talent-building policies and programs.