Ilya Riaby

Ilya Riaby is Executive Vice President, Mastercard Switching Services, Europe. He and his team are responsible for securing and growing Mastercard switching business in the European Economic Area, cultivating and developing business opportunities with existing and new customers, and executing Mastercard switching strategy.

Mr. Riaby joined Mastercard in August 1998 as Regional Business Manager for Russia and Ukraine. Prior to his current role, Mr. Riaby held positions of key account manager for Sberbank (Savings Bank of the Russian Federation), Head of Sales Russia and General Manager Russia, Kazakhstan, Belarus and Armenia.

Before joining Mastercard, Mr. Riaby was Director, Means of Payment at Most-Bank, one of the pioneers in the Russian card market. He started his career at the Bank for Foreign Economic Affairs of the USSR (Vnesheconombank), the first bank in the USSR to sign a license agreement with Mastercard.

Mr. Riaby holds a Master's degree in finance and credit from the State Academy of Finance, Moscow.