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Mastercard Appoints Amarjit Singh Walia as SVP, Account Management for South Asia
Payments technology giant Mastercard has announced the appointment of Amarjit Singh Walia as its new Senior Vice President (SVP) of Account Management for the South Asia region.
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The executive appointment, which takes effect immediately, aims to supercharge Mastercard’s localized commercial relationships and accelerate digital payment adoption across the highly competitive South Asian landscape.
In his new role, Amarjit will take the helm of Mastercard’s primary banking partnerships and drive ecosystem expansion.
His mandate places a sharp focus on scaling the brand’s consumer cards portfolio, securing market opportunities, and collaborating with top-tier financial institutions to deploy innovative, customer-centric digital financial tools.
Over Three Decades of Financial Services Expertise
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Walia transitions to Mastercard following a distinguished career spanning more than 30 years across the banking, consumer payments, and retail financial services sectors.
He most recently served as the Business Head for credit, debit, and commercial cards at ICICI Bank—one of India’s premier private sector banking entities.
During his notable 22-year tenure at ICICI Bank, Walia spearheaded several high-impact corporate divisions.
Beyond managing the core cards vertical, he occupied senior leadership positions directing personal, business, and education loan segments, as well as managing NRI retail portfolios and corporate sales channels.
His diverse corporate background also includes foundational sales leadership stints at BPL Mobile and MRF Tyres.
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Mastercard Driving Innovation and Momentum in South Asia
“Amarjit brings a wealth of experience in building businesses, developing strategic partnerships, and delivering customer-centric growth at scale,” said Gautam Aggarwal, Division President for South Asia at Mastercard.
Gautam added that Walia’s deep domain expertise will be pivotal in strengthening existing consumer connections while unlocking fresh regional pipelines.
Expressing enthusiasm for his appointment, Amarjit highlighted the massive potential for collaborative financial architecture in the territory.
“The region offers immense opportunities for collaboration and innovation,” Amarjit stated, noting that he looks forward to working directly with banking and ecosystem partners to deepen overall market engagement.
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About the Author
Sahiba Sharma
Contributing Writer