Former Ambassador to India Richard Verma Joins Mastercard as Executive VP, Global Public Policy and Regulatory Affairs | Business
Mastercard announced Dec. 1 the appointment of former U.S. Ambassador to India Richard Verma as executive vice president, global public policy and regulatory affairs, where he will oversee the company’s public policy, regulatory affairs and litigation teams around the world.
Verma, who served as the U.S. Ambassador from 2014-2017, will be reporting to Tim Murphy, general counsel at Mastercard.
The Indian American former ambassador brings over 25 years of international experience across senior levels of business, law, diplomacy, and the military, the company said in a statement.
He joins Mastercard from The Asia Group, where he served as vice chair and partner. In addition, Verma was the Assistant Secretary of State for Legislative Affairs, where he led the department’s efforts on Capitol Hill, and was the former National Security Advisor to the Senate Majority Leader for many years.
“Rich is a proven leader with extensive experience in public policy, geopolitics,