Mastercard appointed Ling Hai as Chief Financial Officer, effective August 3. Hai currently leads the company's Asia Pacific, Europe, Middle East, and Africa regions.

Sachin Mehra will transition from the CFO role to the newly created position of Chief Business Officer. Mehra will oversee global country operations and sales in his new capacity.

The executive reorganization aims to unify Mastercard's customer focus and enhance execution. The changes involve several senior executives moving into new roles to align leadership with global growth opportunities.