MasterCard appoints new group head of Consumer Credit for APac
- Retail Banking
- 28.08.2014 01:00 am
MasterCard has announced appointment of Julienne Loh as group head of Consumer Credit, Asia Pacific. Taking over her role as general manager of Singapore is Deborah Heng, who was previously Division Finance Officer for South East Asia and South Asia.
In her new role, Ms. Loh will lead the strategic development and execution of credit products as MasterCard looks to expand its customer base in the Asia Pacific region. In a region that currently contributes to over one-third of global affluent and total consumer credit volumes, Ms. Loh will continue to advance MasterCard’s affluent strategy to better serve the needs of that segment.
While general manager for Singapore, Ms. Loh made significant progress in growing the premium portfolio with key industry partners and customers. Launching many ‘firsts’ in Singapore, she has paved the way for the expansion of MasterCard’s business through strategic partnerships with non-financial institutions, as well as led NFC innovations with major telcos in Singapore. Under her leadership, the Singapore team successfully launched MasterPass recently– making Singapore the first market in Southeast Asia to do so.
“We look forward to benefitting from Julienne’s wide-ranging industry experience in the Consumer Credit space. Having led the Singapore team to new heights, we are confident that she will be able to foster stronger relationships with our customers and partners to continue driving innovations and acceptance at MasterCard,” said Porush Singh, senior vice president, Core Products, Global Products & Solutions, Asia Pacific, MasterCard.
Ms. Loh has been with MasterCard since 2005, with over 20 years of professional experience in business, marketing and financial sectors in Singapore. A member of the Women’s Leadership Network at MasterCard, Ms. Loh also serves as a board member in Junior Achievement Singapore, the world’s largest non-profit organization dedicated to promoting financial literacy in young people.