Mastercard announces country manager for Saudi Arabia

Updated 17 September 2017
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Mastercard announces country manager for Saudi Arabia

Mastercard, a leading technology company in the global payments industry, has announced the appointment of J. K. Khalil as the company’s country manager for the Kingdom, effective Sept. 1.
“With his extensive experience and in-depth knowledge of the local market, Khalil will be in charge of promoting strategic growth, enhancing Mastercard’s operations in the Kingdom and maximizing value to its local customers in the market, one of the company’s largest markets in the Middle East and Africa region,” a press release said.
Basel El-Tell, general manager, Saudi Arabia and Levant, Mastercard, said: “The Saudi market is one of the most important pillars of our strategic growth plans for Middle East and Africa. Khalil’s appointment comes at a time when we are actively working toward expanding the reach of our products and services in this booming market, in line with the goals of the National Transformation Program 2020 and Saudi Vision 2030. In view of the Kingdom’s strong push for digital transformation and heavy investments in advanced technologies, we are looking ahead to contributing toward the Kingdom’s overarching economic goals, and playing a bigger role in shaping the future of its payments ecosystem.”
Khalil joined Mastercard in 2016 armed with 13 years of experience spanning financial services, technology and payment solutions. Prior to joining Mastercard, Khalil served as senior manager at Booz & Company and has also worked with a number of international banking groups such as BNP Paribas and Barclays.
Khalil holds an MBA from the University of Chicago in the US as well as a bachelor’s degree in computer systems and software from the Faculty of Engineering at the St. Joseph University of Beirut.


PepsiCo. launches region’s first Million Women Mentors chapter

Updated 21 August 2018
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PepsiCo. launches region’s first Million Women Mentors chapter

PepsiCo., the global food and beverage company, has launched the region’s first Million Women Mentors chapter in Riyadh. Million Women Mentors is a global movement designed to support the engagement of millions of science, technology, engineering and math (STEM) mentors, both male and female, to increase the interest and confidence of girls and women to succeed in STEM programs and careers.
With female representation in the STEM fields still lower than that of their male counterparts, Million Women Mentors (MWM) aims to be a platform to give women early in their careers the boost they need to thrive in their professions and form the future of the society envisioned by Saudi Vision 2030. The pillars of Vision 2030 support a thriving economy in which men and women have the capacity to contribute to the community’s growth and successes.
“Vision 2030 aims to increase women’s participation in the workforce to 30 percent, and encouraging more women into the male-dominated STEM industries will significantly contribute to this goal,” said Satyavrat Pendharkar, general manager and vice president, Saudi Snacks Foods Ltd, PepsiCo. Saudi Arabia. “PepsiCo. has a global commitment to empowering communities, as well as to creating equal opportunities for anyone to succeed within our company. By deploying the principles of our Performance with Purpose philosophy here in the Kingdom, we hope to provide women with the backing they need to be confident when entering STEM careers.”
MWM started in 2014 and had more than 2 million mentor commitments by 2018 with a goal of reaching 3 million by 2020. The new chapter in Riyadh is the first in the MENA region, with 12 mentors and mentees signed up so far across the fields of supply chain, information technology, research and development, and finance. New mentees will be enrolled into the annual program each year.
Within the coming five years, PepsiCo. aims to have at least two of the program participants in leadership positions.
“PepsiCo. walks the talk when it comes to providing women with opportunities to thrive within the company,” said Delel Chaabouni, chief information officer, PepsiCo. Middle East and North Africa. “I am thrilled to have had the opportunity to launch this important initiative in Saudi Arabia. As a woman in a traditionally male-dominated field, I have first-hand experience in forging a career within a STEM sector, and believe that MWM has the potential to give women the boost of confidence they need to realize they can achieve success in whatever industry they want.”