Raj Seshadri

Biography

Raj Seshadri is president of data and services at Mastercard, responsible for the global delivery of a wide range of capabilities, including analytics, insights, consulting, loyalty, engagement and innovation services. These activities reinforce the value of the core payment functionality to issuers, merchants, processors, acquirers and public-sector institutions.

Raj serves on the company’s management committee and originally joined Mastercard in April 2016 as president of U.S. issuers. In this role, she managed and substantially grew the company’s core business, services and partnerships with banks and credit unions in a very competitive market.

Previously, she was a managing director at BlackRock, leader of the iShares U.S. retail ETF business and the global chief marketing officer for iShares. Earlier in her career, Raj led Citigroup’s global strategy team and Citibusiness small business banking. She also held leadership roles at U.S. Trust in marketing, strategy and M&A; McKinsey & Company; and AT&T Bell Laboratories.

She serves as a member of the board of directors of Raymond James Financial Inc., the management board for the Stanford Graduate School of Business, the board of trustees of Mount Holyoke College, the advisory board of South Asian Youth Action and the global board of the American India Foundation. Raj is an adjunct professor at the Columbia Business School and a member of the Partnership for New York David Rockefeller Fellows Program.

Raj received a bachelor’s degree from Mount Holyoke College in physics and mathematics, a Masters of Business Administration from Stanford University and a Ph.D. in physics from Harvard University.

Education

• Master of Business Administration (M.B.A.) Stanford University Graduate School of Business (1993 — 1995)
• Doctor of Philosophy (Ph.D.) Harvard University (1987 — 1992)
• Bachelor’s Degree Mount Holyoke College (1983 — 1987)

Companies

• President, Data and Services Mastercard (2020)
• Board Member Raymond James (2019)
• President, U.S. Issuers MasterCard (2016)
• Adjunct Professor Columbia Business School (2012 — 2017)
• Managing Director, Head of iShares US Wealth Advisory Business BlackRock (2014 — 2016)
• Managing Director, Global Chief Marketing Officer, iShares BlackRock (2012 — 2013)
• Managing Director, Head of CitiBusiness Small Business Banking, N.A. Citi (2009 — 2012)
• Managing Director, Global Head of Strategy Citi (2008 — 2010)
• Executive Vice President, Chief Marketing Officer U.S. Trust (2006 — 2008)