Mastercard Appoints Brazil Country Manager

The company’s new Country Manager, Estanislau Bassols, brings more than 23 years of professional and leadership experience across diverse industries.  He will report to João Pedro Paro Neto, President, Mastercard Brazil and the Southern Cone.

São Paulo, January 29, 2021 – Mastercard announced today the appointment of Estanislau Bassols as Country Manager for Mastercard Brazil.  The executive will join the organization effectively February 15th and will report to João Pedro Paro Neto, President, Mastercard Brazil and the Southern Cone.

In this role, Bassols will be responsible for further driving the company’s strategic vision, innovation and growth agenda and building on its successful purpose-driven culture.  The move, comes as part of Mastercard’s continued investment in Brazil – one of the company’s most important markets globally.

“Brazil’s strength and growth over the years has been instrumental for the company worldwide. As we continue on our journey to further evolve our business beyond cards in the country, the appointment of a Country Manager for Brazil is a natural step in that evolution.  Estanislau’s diverse experience will enable us to further expand across segments, bringing more choice and innovation to consumers, while delivering value to our strategic stakeholders,” said João Pedro Paro Neto, President, Mastercard Brazil and the Southern Cone.

“As we look at the exciting dynamics shaping our industry across an incredibly diverse region, we are committed to investing in Brazil and furthering our successful trajectory,” said Carlo Enrico, President, Mastercard Latin America and the Caribbean. “I am confident that Estanislaus’ deep and broad leadership experience will not only build on our leadership success, but take it to the next level”.

Prior to his appointment, Estanislau was CEO of SKY Brasil, where he played a key role in the company's digital transformation journey and in creating new partnerships and new business with a focus on growth and expansion. Prior to SKY, he was CEO of VR Benefícios for four years, and held a number leadership positions at Telefónica Latin America for more than 15 years, holding several senior vice president positions at Telefônica-Vivo.   There, he led the B2B and B2C São Paulo market and Strategic Planning.  He also served on several boards including Great Place to Work, VR Beneficios, and Wine (top e-commerce wine distributor in Brazil).  Our newly appointed Brazil Country Manager will bring his strong leadership skills and breadth of experience into the new role.

Commenting on his appointment, Bassols said: “Mastercard Brazil is a leader in the payment technology industry, and I’m delighted to join the team behind its success. I look forward to bringing my expertise to further build on the excellent work it has accomplished not only in the industry, but also in driving societal impact.”

Estanislau Bassols holds a bachelor's degree in electrical engineering from the University of São Paulo; an MBA in Finance from IBMEC; an MBA in Business Management from FIA and a Global Executive MBA from the London School of Economics, the New York University, and HEC in Paris.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

www.mastercard.com