On Monday, Mastercard stated it has promoted Mark Barnett to the role of president of its European business; he will be responsible for the payment giant’s strategy and operations across 53 countries.

Barnett, previously headed Mastercard’s UK, Ireland, Baltics and the Nordics division, will succeed Javier Perez who is set to retire at the end of this year.

On June 1, Barnett will join Mastercard’s management committee and will report to the President of Mastercard International – Gilberto Caldart.

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Tags: European business, Gilberto Caldart, HR, HRM, human resources, Javier Perez, management committee, Mark Barnett, Mastercard, Mastercard International, operations, president, Strategy