Why in news?
Mastercard CEO Michael Miebach has joined the board of directors of the US-India Strategic and Partnership Forum (USISPF). Observing that USISPF is a critical forum for business and government leaders to come together and drive the next phase of growth in the US-India partnership, Miebach said he believes the relationship between the two countries will define the future of the global economy and shape their ability to tackle the most pressing global challenges together. This strategic alliance aims to foster collaborations in various sectors and promote the growth and development of both economies.
By joining forces, both countries aim to drive innovation, promote digital transformation, and address global challenges. With Mastercard’s exemplary work in advancing the global digital economy and its alignment with India’s digital vision, this strategic partnership holds great promise for shaping the future of both nations.
- Miebach, a Master of Business Administration from the University of Passau in Germany, joined Mastercard in 2010 to lead its Middle East and Africa operations.
- He is a member of The Business Roundtable, The Business Council, the US-India CEO Forum, the International Advisory Panel of the Monetary Authority of Singapore, and The International Business Council of the World Economic Forum.
About the USISPF
The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful strategic partnership between the U.S. and India. Promoting bilateral trade is an important part of our work, but our mission reaches far beyond this. It is about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens. We are entering a new era based on a strategic partnership between the U.S. and India – one where we will work closely together with business and government leaders to achieve our goals of driving economic growth, job creation, innovation, inclusion, and entrepreneurship.