June 21, 2023
2 mins read

Michael Miebach joins USISPF Board of Directors

Miebach’s appointment comes at a time when Prime Minister Narendra Modi is on an official visit to the US on the invitation of President Joe Biden and First Lady Jill Biden…reports Asian Lite News

The US-India Strategic Partnership Forum (USISPF) has announced the appointment of Mastercard CEO, Michael Miebach, to its board of directors.

Miebach said that in his new role he looks forward to working with the top advocacy group focused on strengthening India-US partnership in Washington, and hopes to build strategic, commercial, and people-to-people ties between the two nations.

“USISPF is a critical forum for business and government leaders to come together and drive the next phase of growth in the US-India partnership. I believe the relationship between our two countries will define the future of the global economy and shape our ability to tackle the most pressing global challenges together,” Miebach said in a statement.

“I look forward to working with USISPF to build the strategic, commercial, and people-to-people ties that will serve as the bedrock of the US-India partnership in the 21st century,” he added.

Miebach’s appointment comes at a time when Prime Minister Narendra Modi is on an official visit to the US on the invitation of President Joe Biden and First Lady Jill Biden.

Welcoming Miebach’s confirmation to the Board, USISPF president and CEO Mukesh Aghi said: “Michael has been a true champion of digital economy cooperation between the United States and India, helping drive cutting-edge innovation that powers commerce and societies in both countries.”

The USISPF said that Miebach’s additionAto the board reflects a consistent commitment from the senior-most levels of Mastercard to strengthen the US-India corridor and trade and commercial relations between the two countries.

“Mastercard’s steadfast commitment to financial inclusion and digital transformation is a model for the private sector — both in the US-India corridor and around the world. I look forward to continuing our partnership with Mastercard and engaging with Michael as a USISPF Board Member,” he said.

Mieback, a Master of Business Administration from the University of Passau in Germany, joined Mastercard in 2010 to lead its Middle East and Africa operations.

He is a member of The Business Roundtable, The Business Council, the US-India CEO Forum, the International Advisory Panel of the Monetary Authority of Singapore, and The International Business Council of the World Economic Forum.

ALSO READ-IndiGo buys 500 planes from Airbus

Previous Story

‘Modi a radical reformer’

Next Story

54% of Indian firms implemented AI

Latest from Business

China Curbs Hit India’s Electronics Boom

The ICEA noted this results in delays, inefficiencies, and higher costs — alternatives from Japan or Korea cost up to four times more than Chinese machinery. India’s transformation into a global electronics

India Maps 8.52 MT Rare Earth Reserves

The Atomic Minerals Directorate for Exploration and Research (AMD) and the Geological Survey of India (GSI) are actively exploring and augmenting rare earth resources, while the GSI alone has added 482.6 million

‘India’s Digital Hub Ascends’

The event also featured discussions on the Quad Partnership for Cable Connectivity and Resilience, reiterating commitments made during the July 1 Quad Foreign Ministers’ Meeting India’s growing role as a key digital

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities India’s festive season this year is poised to create more
Go toTop

Don't Miss

Garcetti confirmed as US envoy to India

The Senate Foreign Relations Committee voted 13-8 to approve his

US Senator lauds India’s innovation, strategic potential

Neera Tanden, Domestic Policy Advisor to President Biden spoke with