Manila, Philippines – Mastercard today announced the appointment of Simon Calasanz as its Country Manager for the Philippines, bringing nearly two decades of local experience in the banking and finance industry to the organization’s local leadership team.
As Country Manager, Calasanz will be focused on accelerating acceptance and usage of digital payments, especially for smaller merchants and businesses, while also expanding on Mastercard’s ongoing digital and financial inclusion initiatives in the country. Calasanz’s ‘digital-first’ business acumen and two-decades long career in the Philippines payments industry will support Mastercard to double down on work with partners in different industries. Calasanz will also focus on accelerating the uptake of contactless card payments and strengthening Mastercard’s proposition as a multi-rail payments technology company.
“Simon is an invaluable addition to Mastercard’s leadership team in the Philippines. He brings with him unrivalled experience in the Philippines’ finance and banking sector and a wealth of knowledge and strategic insights about the intricacies of the market and consumers. Simon will support Mastercard in doubling down on efforts to build an inclusive and digitalized economy in the Philippines, while enabling customers and partners to better prepare for economic recovery and growth,” said Ari Sarker, Co-President, Asia Pacific, Mastercard.
Calasanz started his career with HSBC Group where he moved up through the company to positions such as Senior Vice President for Product Management in Personal Financial Services. His last position with HSBC was in 2015 as Senior Vice President, Head of Sales, in the bank’s Retail Banking and Wealth Management department. Calasanz was then appointed to the position of President of RCBC Bankard Services Corporation towards the end of 2015—a position he held until 2020, when he was promoted to the role of Executive Vice President, Head of Consumer Lending at RCBC. Calasanz also served as the President of the Credit Card Association of the Philippines from 2010 to 2014 where he championed the development and initiatives of the industry. Calasanz holds a Bachelor of Science degree in Commerce with a major in Marketing Management, as well as a Bachelor of Arts degree in Psychology, from De La Salle University.
“In my previous positions, I’ve seen first-hand the important contributions that Mastercard has made to the Philippines economy. I look forward to advancing Mastercard’s commitment to creating a digitized interoperable world and introducing new technologies that will allow the Philippines to leapfrog some of the traditional stages of digital payments and become a leader in cashless payments in the region,” said Simon Calasanz, Country Manager, the Philippines, Mastercard.
Calasanz’s appointment comes as Rowell Del Fierro, former Country Manager, completes a distinguished tenure with Mastercard. During his time, Del Fierro took on a range of high impact projects, such as further propelling the adoption of real-time payments with interbank network BancNet, supporting SMEs through fintech partnerships and the commencement of a partnership with Land Bank of the Philippines for contactless transit payments, which will be entering its pilot testing stage soon. During Del Fierro’s tenure, Mastercard also supported the Philippines’ largest sporting event, the Southeast Asia Games, by creating the official event app and payment card.
About Mastercard (NYSE: MA), www.mastercard.com
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.
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