MasterCard has appointed Marc Carolus as Division Lead in South Africa for MasterCard Advisors, the professional services arm of the global electronic payments and technology company.
MasterCard Advisors provides realtime transaction data analysis to enable fast, better business decisions, consulting services integrating problem-solving skills with deep payment expertise, and implementation
services solutions to help MasterCard’s customers – financial institutions and merchants – to optimise and grow their businesses.
While MasterCard Advisors’ services have been used by the company’s South African-based customers for several years, Carolus will be the first full-time Advisors’ Lead based in the country. He is tasked with building
and growing the Advisors’ business and the local team.
“MasterCard Advisors has developed into a key differentiator for our organisation both in South Africa and abroad,” says Philip Panaino, division president, MasterCard, South Africa.
“From its unique information services and data analysis, to its highly skilled consulting and risk management practices and execution, MasterCard’s professional services arm is highly sought-after in the local
payments industry. To cater to this increased demand, we have expanded our offering by creating a new, South African MasterCard Advisors’ Division,” he says.
Based in Johannesburg, Carolus’ key responsibilities include growing MasterCard’s local business and market share. Drawing on global best practice, he aims to address customers’ challenges in strategy, marketing,
risk, and operations and provide them with insights and solutions that will drive tangible results.
Carolus joins the South African team from MasterCard Advisors’ European Division, where he managed a number of diverse projects from mobile payment strategy and scenario techniques to customer segmentation,
portfolio management, and new product development.
“We are thrilled to welcome Marc to the South Africa team and we look forward to him helping us expand and strengthen our Advisors offering to provide our customers with the support that they need to drive the
convenience, safety and reduced risks of a world beyond cash,” says Panaino.
Prior to joining MasterCard Advisors, Carolus was a senior project manager at Roland Berger Strategy Consultants, a telecoms and financial services practice, where he was responsible for developing growth and
market strategies for a range of clients in the private and retail banking, loyalty and mobile payments industry.
Carolus holds an MBA from UCD Smurfit Graduate Business School in Dublin, Ireland, and a Bachelor of Economics from Luigi Bocconi University in Milan, Italy.