In this role, he achieved significant growth for Mastercards business in China and oversaw the companys efforts to achieve market leadership position in Australia. OpenAI's Foundry will let customers buy dedicated compute to run its AI models. Prior to his current role, he helmed Mastercards business for South Asia, including India. Given this, it is important that marketers be able to identify and know how to use new channels in order to reduce how alienated they are from their own discipline. The article is authored by Mastercard's CMO Raja Rajamannar. He is a member of the companys Management Committee. At Mastercard, Raja is responsible for successfully leading the companys marketing evolution, including the development of its Priceless experiential platforms, pioneering Mastercards move to become a symbol brand and launching its breakthrough sonic brand platform, recognized as the best in the world. Chief Marketing & Communications Officer. In this role, he is responsible for all human resources (HR) functions globally, including driving cultural transformation, building leadership capability and creating a company that is most valued to work for. These include Division President for Central Eastern Europe and, most recently, Division President for Western Europe, where he was responsible for overseeing Mastercard operations in Belgium, Luxembourg, the Netherlands, France, Portugal, Italy and Spain. Michael also led the creation of Mastercard inControl, an intelligent transaction decisioning platform built on the Orbiscom technology that Mastercard acquired in 2008. The new, or fifth, paradigm is quantum marketing, or what Rajamannar describes as "a tsunami" of emerging technologiesartificial intelligence, augmented reality, virtual reality, wearable . He holds a Master of Business Administration from the University of Pennsylvania's Wharton School, where he was a Palmer Scholar, and a Bachelor of Science in Economics from Duke University. Satvinder is the Co-Head for Advisors in Mastercard's Data & Services business and a member of the company's Management Committee. Sachin holds a Masters of Business Administration from the Darden Business School at the University of Virginia and received his undergraduate degree in commerce from Sydenham College at the University of Mumbai, India. Fluent in two languages, Sachin resides with his wife and two children in Westchester County, New York. Prior to joining Mastercard, Satvinder was at Deutsche Bank where he was on their Global Executive Committee for Corporate and Investment Banking (CIB). She is a member of the Board of Directors for WWE, The Ad Council, USO Metropolitan Washington and Children's Hospital of Pittsburgh Foundation. He oversees Mastercards technology functions, including the global network, processing platforms, global technology hubs, information security and technology operations. Quantum Marketing Mastering the New Marketing Mindset for Tomorrow's Consumers. He was also the first Chairman of Sangeet Natak Akademi in New Delhi. Marketers should not depend on delegating knowledge. Search SEC filings. He was also the winner of the 2018 WFA Global Marketer of the Year award. Prior, Michael was Senior Vice President of Personal Payments, where he created Mastercard Send and HomeSend platforms. Before joining Mastercard in 2007, Jennifer was the chief credit officer at African Bank in South Africa. How To Fix Marketing with Raja Rajamannar. Dimitrios has more than 20 years of experience in technology, transaction banking and management consulting. Prior to this role, Ajay was the president of Mastercards Digital Payment Services, where he led the development and growth of the business, helping to establish Mastercard as an industry leader and pioneer in this space. Over the last 17 years, insiders at Mastercard have traded over $5,655,063,678 worth of Mastercard stock and bought 6,710 units worth $1,633,187 Diane holds graduate degrees from Columbia University and the University of Nairobi, as well as an undergraduate degree from the University of Toronto. In 2010, Craig was named group executive, U.S. Market Development, responsible for managing and building relationships within the merchant and acquiring community.Earlier in his career, Craig was a senior member of the Financial Services practices with Bain & Company and A.T. Kearney, and was a vice president at CoreStates Financial Corporation.Craig is a past David Rockefeller Fellow at the Partnership for New York City. Satvinder is a senior leader with more than 2 decades of experience leading local, regional and global businesses in securities, payments, and technology. He has over fifteen years experience in the financial industry, holding senior roles at Banco di Sicilia, Capitalia Group and Goldman Sachs. In 2014, when Rajamannar began suggesting that marketing was experiencing an existential crisis, he was often considered ahead of the times but today it is widely accepted that the function is at a critical juncture. Prior to this role, he was chief information officer responsible for the development efforts for products and services, implementing the IT digital roadmap and managing the development of Mastercards global tech hubs. Prior to assuming this role in 2017, Jennifer was responsible for customer delivery, expert sales, and prepaid account management in the United States and Canada. Previously, he served as president of Enterprise Partnerships, based in London. Raja Rajamannar, president of the WFA and chief marketing and communication officer and president, healthcare division, Mastercard shared insights on current marketing paradigm and its shifts . Carlos J. Menendez is president, Global Commercialization Office, and a member of the companys management committee. He has over 25 years of experience in International Financial Services across retail and corporate banking and has worked extensively throughout the U.S., Latin America, Europe, Asia and Africa. In both cases, new discoveries and a changing world render old approaches ineffective, but marketers can draw on this period of disruption to re-establish their value in the c-suite. In the stead of a CMO, new roles like Chief Revenue Office, Chief Growth Officer, and Chief Customer Officer are created. Chiro Aikat is executive vice president of U.S. market development for Mastercard and a member of the companys management committee. The American Advertising Foundation elected her into its Hall of Achievement. Raja Rajamannar, global chief . He started his journey at Mastercard as head of Network Processing for AP & MEA, in which capacity he actively advocated for the need to build an open payments market environment. 2003-05, Chairman and CEO, Diners Club North America and Member of the . Her leadership has contributed to Mastercards global leadership and reputation of doing well by doing good. Most recently, as president for the Middle East and Africa, he drove the companys global strategy across the region. Mike is a distinguished fellow of the Council on Foreign Relations. In these efforts, Greg is a key advisor to the CEO, executive team, and Board of Directors, helping to shape the future trajectory of the company. Join us for this virtual event as we celebrate the unveiling of the 2021 Worlds Most Influential CMOs list, and hear honorees discuss how theyre navigating some of the most pressing issues in marketing and business. P.V. He is also on the board of 6 other . Before joining Taco Bell, Marisa spent eight years at The Este Lauder Companies (ELC), where she became the companys first corporate and digital marketing executive, building the companys eCommerce marketing, digital and social marketing and new consumer engagement across its 30+ prestige brands across the world, propelling ELC to the highest digital IQ ranking of any global beauty company. In 2008, he was named managing director of the Mastercard Advisors business in the U.S. and Canada. He leads BCGs Personalization business globally as well as its Marketing, Sales & Pricing practice in North America, helping clients use data and technology to deliver 1:1 breakthrough customer experiences across channels. In 2020, she received the New York Women in Communications Matrix Award. He is leading the company into a more digital world where Mastercard powers economies and empowers people by harnessing innovation and the continued application of new technologies. Mastercard, Rajamannar said, decides its marketing investments based on the size of the opportunity, the price of the opportunity, and the . Throughout his two decades at Mastercard, Chiro has played an integral role in helping all customers implement a wide range of products and programs across the U.S. market. Earlier in his career, Michael held senior roles at Barclays Bank and Citibank. Satvinder has served on the boards of Euroclear Group, one of the largest Financial Market Infrastructures globally, where he was a member of their Group Risk Committee, and Deutsche Bank A.S. (Turkey). He replaces David Wheldon, CMO at RBS, who has been president since 2015. Jennifer joined Mastercard in 2019 from General Electric, where she served as chief communications officer, playing a pivotal role in leading the communications function while also protecting and enhancing the company's reputation through a period of significant transformation. Among them: WFA Global Marketer of the Year (2018) Forbes 2018 . Noted, P.'s primary income source is Administrator, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. Carlo is responsible for leading Mastercards strategy and operations across 45 countries and territories, and driving transformational efforts across digital payments, financial and social inclusion, products and services. Chad Wallace isExecutive Vice President of CommercialSolutionsat Mastercard and a member of the Management Committee. Ling Hai originally joined Mastercard in 2010 to serve as division president of Greater China, a role he held for four-and-a-half years. Assistant Managing Editor, Communities & Leadership. Mark also co-founded BCGs first at-scale Digital Venture, a Personalization Engine SaaS company called Formation that has been recognized by Forrester as a leading personalization engine solution, leveraged by companies such as Starbucks as well as grocery chains, big box retailers, airlines and other brands. She also held leadership roles at U.S. Trust, McKinsey & Company and AT&T Bell Laboratories. 165 Whitney Avenue He is a serial investor with investments in startups like TropicSport, 2ndKitchen, Optivolt, Doosra, OneVet, Singularity Holdings and others. . Ron Green is chief security officer for Mastercard, where he leads a global team that ensures the safety and security of the company's network, as well as internal and external products and services. Raja Rajamannar is an accomplished, transformative global executive and Wall Street Journal bestselling author with 30+ years of experience and the last nine as Chief Marketing & Communications Officer of Mastercard and President of the company's Healthcare Solutions. Rajamannar warns that a lot of things we take for granted as marketers today are going to fall apart. He also serves as a trustee on The College of Saint Rose Board of Trustees. There are 12 older and 20 younger executives at Mastercard. He originally joined Mastercard in 2015 when it acquired Applied Predictive Technologies (APT), a leading cloud-based analytics company. Michael brings 25 years of payments, product management and technology experience to his role. Ling Hai is a Chairman of Mastercard-NUCC, a joint venture company in bankcard switching headquartered in Beijing. Earlier in her career, Sherri was with Banc of America Securities in its structured finance group and practiced capital markets law at Skadden, Arps, Slate, Meagher & Flom LLP. Today, it is one of the fastest growing business lines for the company. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from . Chief Marketing & Communications Officer; President, HealthcareMastercardUS. She also occasionally plays a character on WWE programming. He was responsible for driving growth for Spotify across MAU, DAU & paid subscriptions by leveraging data driven always-on experiences; testing new business models, partnerships and engagement strategies along with establishing marketing capabilities for fans, artists and B2B brand partners. As president of Healthcare at Mastercard, Raja oversees the creation, development, and successful scaling of the companys healthcare business. in Political Science and Journalism from Lehigh University, where she sits on the Board of Trustees. Craig Vosburg is chief product officer for Mastercard and a member of the companys management committee. Get the latest Mastercard news in your inbox. Revisiting outdated practices will be vital for the future health of the marketing function. Raja is the president of the World Federation of Advertisers. He was one of the first agents to receive formal training on seizing and analyzing electronic evidence and worked on a number of international cyber-crime investigations. She also currently serves on the boards of Mattel and Sundance Institute. Prior to this position, he was director, Investigation and Protections Operations at Blackberry. Raja is the president of the World Federation of Advertisers. Andrea holds an MBA from INSEAD in Fontainebleau, France and has a degree in Economics and Business Administration, from La Sapienza University of Rome, Italy. He had to spend millions on legal expenses. Before joining Mastercard, Ajay held key leadership positions at HSBC and Xerox. Earlier in his career, Andrea was a financial analyst with Consob, Capital Markets Divisions in Milan, and a senior auditor with Price Waterhouse Coopers in Rome, Italy. She previously held the same role at Endeavor after serving as the first-ever Chief Brand Officer at Uber. He holds a bachelors degree in mechanical engineering from the United States Military Academy at West Point, is a graduate of the FBIs Domestic Security Executive Academy and holds a graduate certification in Information Assurance from George Washington University. Believing everyone has a story to tell, Ann is a strong advocate for empowering diverse creators, including women, youth and other under-represented groups. The first two sponsors to sign up for this innovative in-game branding are Mastercard and Alienware. Rajamannar started his career with Asian Paints in India. She elevated store marketing across Taco Bells 7,000 units and transformed the digital business, doubling those channels sales and tripling the customer database in one year. Riot worked with Nielsen to help evaluate the in-game branding, and the L.A.-based publisher says the data shows that it will instantly become one of its most valuable deliverable assets.. From AI and NFTs to new products and media formats, top CMOs will talk about how they identify and implement new technologies, decide new areas for investment, and how they sell big ideas internally and externally. Net Income +13.90%: . Raja Rajamannar: (03:22) Thank you for having me on the show, Charles, much appreciated. Greg Ulrich is the Executive Vice President of Strategy and Corporate Development at Mastercard and a member of the company's management committee. Malhotra is responsible for advancing Mastercards business strategy, sales, business development, product management and engagements with customers and regulators in more than 200 markets across Europe, Middle East, Africa, Asia and Latin America. Since 2006, Jess has held various roles of increasing responsibility at Mastercard including customer engagement and collaboration with telecommunications companies and banks where she was responsible for delivering both card and digital solutions, as well as payment experiences for both emerging and developed markets. Raja Rajamannar is the Chief Marketing & . He joined Mastercard in 2016 as Executive Vice President, Mastercard Labs, where he led the teams to create new products and experiences in digital payments, financial inclusion and commercial. He joined Mastercard in 2005 and has held various leadership positions across the company. He was previously president of Mastercard Advisors, the companys professional services arm. In the future, marketers should anticipate an increase in devices that will order products themselves which almost completely eliminates search and discovery. Raja joined Mastercard in 2013, bringing with him rich experience as a global executive, managing large P&Ls, and driving business transformation across multiple industries and geographies. Prior to this role, she served as president of U.S. issuers, managing and expanding the companys partnerships and business with banks and credit unions. Dec. 26, 2016. He has also been recognized as one of AdWeeks most tech-savvy CMOs. . Raja Rajamannar: (03:29) So I think I have been a creative, I had at least crazy . In 2014, Stephanie and her husband, Paul Triple H Levesque, established Connors Cure, a fund dedicated to fighting pediatric cancer. His big idea is that today's consumers have largely moved away from buying things and are now mostly looking for experiences. Estimated Net Worth in 2021. Earlier, he held senior HR positions in banking and financial services in Australia and the Middle East, working extensively across different cultures. Marty Swant is a Forbes staff writer and editor of the Forbes CMO Network, leading coverage of marketing and advertising and the ever-evolving role of chief marketing officers. Ron is a member of the companys Management Committee. Stephanie oversees WWEs Brand, Marketing, Creative Services, Community Relations and Pop Culture strategies as well as WWEs Global Sales and Partnerships Division. He successfully established a Global Marketing Technology organization at KC with responsibility for building a global, connected, digital ecosystem across Media, Content, Data and Commerce organizations. Linda was named a Young Global Leader by the World Economic Forum in 2015. In the inaugural session of the Learning from Leaders webinar series, Raja Rajamannar gave attendees a look at what's ahead for marketing through the lens of his new book, Quantum Marketing: Mastering the New Marketing Mindset for Tomorrow's Consumers. These include software platforms and services for analytics, insights, consulting, loyalty, marketing, innovation, experimentation and personalization. Marisas leadership through the COVID-19 pandemic while stewarding this transformation helped drive record sales for the company while being recognized as the #3 Best Marketer of the Year by AdAge (and the only retailer to make the list). As Rajamannar states, What was true yesterday is not necessarily true today, and most certainly, what is true today, is not going to be true tomorrow. Thats especially relevant in an era where societal goals and business goals intersect more than ever, but what does that look like? She serves on the advisory boards of several organizations, including Data and Society, The Aspen Institute Civil Society Fellowship, and the New York Department of Financial Services Innovation Advisory Board. Bozoma Saint John was named CMO of Netflix in June 2020. He . Raja Rajamannar Chief Marketing & Communications Officer. He was responsible for leading the ongoing development and execution of Mastercard's prepaid strategies globally. Raja Rajamannar: Mastercard is focused on "experiential marketing." (GETTY IMAGES) The executive cites an example of a micro trend in which a celebrity was getting married in Bali, creating an online buzz in India. Under his leadership, the company strengthened its position across the region, achieved strong growth and successfully deployed new payment technology in the markets. Through a consultative approach, they enable partners around the globe to build best-in-class solutions tapping Mastercard technology and deliver them at scale. His book explores the collapse of traditional marketing, the technology that is changing everything, and the way tech changes are conditioning people to interact with brands. Mayur spent almost 13 years @SapientNitro leading digital marketing engagements for global brands like Coca Cola, Unilever, ESPN XGames, Mars, Citibank, Chrysler, FIAT Abarth, Motorola, Burger King & many others; he lead the largest production studio for the company for a number of years before becoming the marketing technology thought leader for one of the North American business units. Jennifer Rademaker is executive vice president of global customer delivery for Mastercard. Raja Rajamannar is chief marketing officer (CMO) for MasterCard. She earned a Bachelor of Science from Old Dominion University and a Master of Public Affairs from the Lyndon B. Johnson School of Public Affairs at the University of Texas, Austin. Raja Rajamannar. from American University. By Michaela Jefferson 8 Jun 2021. His organization includes strategy & operations teams, content and creative production studio, the data science and media teams as well as cross-functional always-on growth pods across brand awareness, acquisition, retention and partnerships that focus on clearly defined business and growth KPIs. Most recently, Michael was Executive Vice President, National Accounts, leading Mastercard's relationships with large U.S. financial institutions including Bank of America, Wells Fargo, Capital One and US Bank. Rajamannar acknowledges that in most cases where technology touts AI, there is no real AI there. Raj received a bachelors degree from Mount Holyoke College in physics and mathematics, an MBA from Stanford University and a Ph.D. in physics from Harvard University. The company is helping to deliver better experiences that are shaping the future of seamless commerce, while bolstering cyber services and data-powered insights. Raja Rajamannar, Chief Marketing Officer of Mastercard, shares breakthrough, frontier strategies to navigate the challenges that result from today's unprecedented disruption. He is also a member of the companys Executive Leadership Team and Management Committee. From 2013 to 2017, Mike served as the U.S. Trade Representative, President Barack Obamas principal advisor and negotiator on international trade andinvestment issues. Jennifer serves on the board of directors at Fair4All Finance and at ICM Mobility Ltd. She holds a Bachelor of Science in statistics from Lehigh University and a Master of Science in statistics from Iowa State University. Ron chairs the Financial Services Sector Coordinating Council (FSSCC), is vice chair of the Cybersecurity and Infrastructure Security Agencys (CISA) Cybersecurity Advisory Committee, and is chair of the US Secret Services, Cyber Investigation Advisory Board. Why Are Marketers Losing Influence in the Modern Business World? 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