Photo - Safdar Khan, Group Country Manager for Indonesia, Malaysia and Brunei, MasterCard
Technology payments solutions provider MasterCard has promoted Safdar Khan with immediate effect to group country manager for Malaysia, Indonesia and Brunei, to cater to growing regional demand for Islamic payments as well as to prepare for the establishment of the Asean Economic Community in 2015.
Khan, who will remain based in Kuala Lumpur, will focus on driving growth across the cluster, said MasterCard Southeast Asia president Matthew Driver.
"We're confident that Safdar, in his expanded role will provide the leadership and direction to drive the uptake of our innovative and comprehensive Sharia-compliant payments solutions across the region," said Driver. "There is a huge opportunity in the Muslim lifestyle segment in Southeast Asia and it is MasterCard's commitment to ensure we offer safe, simple and smart payments solutions for this significant market."
He said Khan has already played an important role in establishing MasterCard's dominance in Islamic payments with the launch of the Tabung Haji Debit-i MasterCard, the world's first non-banking Islamic debit card, while deepening engagement with key industry stakeholders.
Khan joined MasterCard in 2006 as vice president, Global Account, South Asia, Middle East and Africa. Prior to his role as country manager for Malaysia and Brunei, he was area head, Qatar, Oman and Kuwait.
Sign up for CIO Asia eNewsletters.