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As Ajay Banga steps down, Michael Miebach to be new CEO of Mastercard

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(G.N.S) Dt. 26 New York Ajay Banga will step down from his role of Mastercard’s Indian-American president and CEO and assume charge as executive chairman of the board of directors. The payments giant announced Michael Miebach as the new CEO. The company said in a statement that Banga will take up the new role effective January 1, 2021. Miebach, currently the chief product officer, will become CEO and a boardmember

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