MasterCard Strategy Head Nandan Mer joins Network International as Group CEO

Network International Holdings has announced that Simon Haslam, Group Chief Executive Officer has decided to retire from the Company after forty years in the financial services sector. As a result, and following a global leadership search, the organisation has announced that Nandan Mer, currently MasterCard Strategy Head, International Markets, will succeed Simon as Group CEO. Simon will step down as Group CEO and from the Board of Directors and will remain with the Company throughout his six month notice period to ensure a smooth transition.

Nandan has a proven track record of building and growing businesses over 30 years in a number of global markets with leading financial institutions including American Express, Citigroup, United Bank for Africa and most recently at MasterCard.

During his 11 year career at MasterCard, Nandan was Strategy Head for International Markets, President for the Japanese business and Head of Global Consumer Credit and Loyalty Solutions. Prior to that, Nandan was Head of UBA, International Corporate and Investment Banking. Before UBA, Nandan built and led consumer banking businesses for two decades with Citigroup in India, Czech Republic, Israel, Russia and the U.K.

Nandan’s appointment follows a rigorous search and selection process supported by external advisers.

Nandan Mer commented, “Network International is a great Company, with great people, and I’m honoured to be given the opportunity to help shape its future. I look forward to working with my new colleagues and building on the great foundation and growth potential in the business. My focus will be on delivering for all stakeholders in the business whilst continuing to deliver strong financial returns to investors.”