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SINGAPORE, Aug. 26, 2025 /PRNewswire/ -- Mastercard today announced a leadership transition in its Asia Pacific region, with Ari Sarker set to step down from his role as President, Asia Pacific at the end of 2025. After more than a decade in the role, Ari will move into an advisory position, where he will focus on strategic initiatives and mentoring regional leadership to support a smooth transition.
Ari has been instrumental in Mastercard's growth across Asia Pacific, driving expansion, strengthening partnerships, and fostering a collaborative culture. His leadership has made a lasting impact on both the business and its people.
"Ari's influence across the region has been profound," said Ling Hai, President, Asia Pacific, Europe, Middle East and Africa, Mastercard. "He's championed innovation and inclusion, and built deep relationships with governments, fintechs, and enterprises. We're grateful for his contributions and pleased he'll continue to support the business in an advisory role."
Effective January 1, 2026, Richard Wormald (Rich), currently Division President, Australasia, will succeed Ari as President, Asia Pacific. Rich brings deep regional experience and a strong track record of leadership, having led Mastercard's business in Australasia with a focus on performance, innovation, and stakeholder engagement.
Reflecting on the transition, Ari Sarker said, "It's been an incredible journey leading Mastercard in Asia Pacific. I'm proud of what we've built together and grateful to the teams, partners, and customers who've made it all possible. Rich is a trusted colleague and a thoughtful leader - I'm confident he'll continue to move the business forward with purpose and care."
Rich added, "I'm honored to step into this role and build on the strong foundation Ari has created. Asia Pacific is a dynamic and diverse region, and I look forward to working with our teams and partners to keep growing and delivering meaningful impact."
To support a smooth transition, Ari and Rich will work closely together over the coming months, engaging with stakeholders across markets through joint appearances and shared communications.
Mastercard also announced that Paul Monnington will join the company in January 2026 as Division President, Australasia, succeeding Rich. Paul brings extensive experience in retail payments and fintech innovation, having led Woolworths' Wpay business and held senior roles at Woolworths Group and National Australia Bank (NAB).
"I'm excited to be joining Mastercard at such a pivotal time," said Monnington. "The company's focus on innovation, inclusion, and customer partnership really resonates with me, and I look forward to contributing to its continued success in Australasia."
Monnington will report to Rich and will be a part of the Mastercard Asia Pacific Leadership Team. As Division President, Australasia, Paul will oversee markets including Australia, New Zealand and the Pacific Islands.
This transition reflects Mastercard's continued investment in strong, values-driven leadership and its commitment to shaping the future of commerce in Asia Pacific. With a bench of experienced leaders and a clear vision for what's next, Mastercard is well-positioned to accelerate innovation, deepen partnerships, and unlock new opportunities across one of the world's most dynamic and diverse regions.
To hear directly from the executives, watch the premiere episode of Mastercard's In the Loop news series here: mstr.cd/4fU2pYt.
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
www.mastercard.com
SINGAPORE, Aug. 26, 2025 /PRNewswire/ -- Mastercard today announced a leadership transition in its Asia Pacific region, with Ari Sarker set to step down from his role as President, Asia Pacific at the end of 2025. After more than a decade in the role, Ari will move into an advisory position, where he will focus on strategic initiatives and mentoring regional leadership to support a smooth transition.
Ari has been instrumental in Mastercard's growth across Asia Pacific, driving expansion, strengthening partnerships, and fostering a collaborative culture. His leadership has made a lasting impact on both the business and its people.
"Ari's influence across the region has been profound," said Ling Hai, President, Asia Pacific, Europe, Middle East and Africa, Mastercard. "He's championed innovation and inclusion, and built deep relationships with governments, fintechs, and enterprises. We're grateful for his contributions and pleased he'll continue to support the business in an advisory role."
Effective January 1, 2026, Richard Wormald (Rich), currently Division President, Australasia, will succeed Ari as President, Asia Pacific. Rich brings deep regional experience and a strong track record of leadership, having led Mastercard's business in Australasia with a focus on performance, innovation, and stakeholder engagement.
Reflecting on the transition, Ari Sarker said, "It's been an incredible journey leading Mastercard in Asia Pacific. I'm proud of what we've built together and grateful to the teams, partners, and customers who've made it all possible. Rich is a trusted colleague and a thoughtful leader - I'm confident he'll continue to move the business forward with purpose and care."
Rich added, "I'm honored to step into this role and build on the strong foundation Ari has created. Asia Pacific is a dynamic and diverse region, and I look forward to working with our teams and partners to keep growing and delivering meaningful impact."
To support a smooth transition, Ari and Rich will work closely together over the coming months, engaging with stakeholders across markets through joint appearances and shared communications.
Mastercard also announced that Paul Monnington will join the company in January 2026 as Division President, Australasia, succeeding Rich. Paul brings extensive experience in retail payments and fintech innovation, having led Woolworths' Wpay business and held senior roles at Woolworths Group and National Australia Bank (NAB).
"I'm excited to be joining Mastercard at such a pivotal time," said Monnington. "The company's focus on innovation, inclusion, and customer partnership really resonates with me, and I look forward to contributing to its continued success in Australasia."
Monnington will report to Rich and will be a part of the Mastercard Asia Pacific Leadership Team. As Division President, Australasia, Paul will oversee markets including Australia, New Zealand and the Pacific Islands.
This transition reflects Mastercard's continued investment in strong, values-driven leadership and its commitment to shaping the future of commerce in Asia Pacific. With a bench of experienced leaders and a clear vision for what's next, Mastercard is well-positioned to accelerate innovation, deepen partnerships, and unlock new opportunities across one of the world's most dynamic and diverse regions.
To hear directly from the executives, watch the premiere episode of Mastercard's In the Loop news series here: mstr.cd/4fU2pYt.
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
www.mastercard.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Mastercard Announces Leadership Transition in Asia Pacific
- Connects financial institutions to fintech ecosystems across payments, digital assets, and embedded finance through a pre‑integrated partner network including Ripple, Euronet, Splitit, and Aptys Solutions, and ArcOne
- Helps banks launch and scale new services faster by reducing integration complexity across existing core banking systems
- CoreIgnite is part of DXC GrowthX, focused on helping customers modernize faster, accelerate innovation, and unlock new growth opportunities through digital transformation
ASHBURN, Va., June 3, 2026 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the launch of DXC CoreIgnite, a cloud‑native revenue orchestration platform designed to give financial institutions a single connection point to fintech ecosystems, orchestrate financial workflows, and activate new revenue opportunities — all while working with existing core systems.
Built to operate across both DXC's Hogan core banking platform and non‑Hogan environments, DXC CoreIgnite enables banks to modernize incrementally while maximizing existing infrastructure investments. Through pre‑built integrations and real‑time orchestration, CoreIgnite provides direct access to payment networks, digital asset ecosystems, embedded finance capabilities, and a growing partner network including Ripple, Euronet, Splitit, Aptys Solutions, and ArcOne.
The financial services industry is being reshaped by embedded finance, digital assets, and real‑time payments — creating new opportunities for growth and customer engagement. Yet many institutions remain constrained by fragmented integrations, legacy architectures, and the cost and complexity of modernization. As competition intensifies, DXC CoreIgnite gives banks the ability to quickly connect partners, launch new offerings, and scale innovation with greater speed and flexibility.
Designed by DXC engineers and powered by decades of banking expertise, CoreIgnite provides a single orchestration layer that helps institutions connect, manage, and scale fintech capabilities without replacing the core systems they rely on every day. Its composable architecture and real‑time execution model reduce integration complexity, accelerate time‑to‑value, and enable banks to introduce new services more efficiently.
Unlike traditional solutions that require custom integrations across multiple providers, CoreIgnite provides technology enablement and orchestration capabilities to help financial institutions support a broad range of use cases including:
- Embedded finance
- Buy Now, Pay Later (BNPL) services
- Digital assets and stablecoin‑enabled services
- Payments orchestration across ACH, RTP, FedNow, wire, and card networks
ASHBURN, Va., June 3, 2026 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the launch of DXC CoreIgnite, a cloud‑native revenue orchestration platform designed to give financial institutions a single connection point to fintech ecosystems, orchestrate financial workflows, and activate new revenue opportunities — all while working with existing core systems.
Built to operate across both DXC's Hogan core banking platform and non‑Hogan environments, DXC CoreIgnite enables banks to modernize incrementally while maximizing existing infrastructure investments. Through pre‑built integrations and real‑time orchestration, CoreIgnite provides direct access to payment networks, digital asset ecosystems, embedded finance capabilities, and a growing partner network including Ripple, Euronet, Splitit, Aptys Solutions, and ArcOne.
The financial services industry is being reshaped by embedded finance, digital assets, and real‑time payments — creating new opportunities for growth and customer engagement. Yet many institutions remain constrained by fragmented integrations, legacy architectures, and the cost and complexity of modernization. As competition intensifies, DXC CoreIgnite gives banks the ability to quickly connect partners, launch new offerings, and scale innovation with greater speed and flexibility.
Designed by DXC engineers and powered by decades of banking expertise, CoreIgnite provides a single orchestration layer that helps institutions connect, manage, and scale fintech capabilities without replacing the core systems they rely on every day. Its composable architecture and real‑time execution model reduce integration complexity, accelerate time‑to‑value, and enable banks to introduce new services more efficiently.
Unlike traditional solutions that require custom integrations across multiple providers, CoreIgnite provides technology enablement and orchestration capabilities to help financial institutions support a broad range of use cases including:
"CoreIgnite provides fintech infrastructure for financial institutions looking to innovate faster, scale more flexibly, and compete more effectively in the digital banking economy. With our secure, composable, API‑first platform, banks can connect new capabilities, orchestrate financial workflows, and activate digital financial services without disrupting the core systems they rely on every day. By decoupling innovation from the core, institutions can reduce integration complexity, move faster, and unlock new revenue opportunities at scale." — Sandeep Bhanote, Global Head and General Manager of GrowthX, DXC Technology
DXC CoreIgnite streamlines how banks access and scale fintech services, from onboarding and eligibility to payments and partner management. Institutions can add, switch, and expand capabilities as business needs evolve, helping reduce integration complexity and operational overhead while accelerating time to market.
CoreIgnite builds on the strength of DXC Hogan, the flagship core banking platform that powers more than 300 million deposit accounts and over $5 trillion in deposits worldwide. CoreIgnite is part of DXC GrowthX, DXC's strategic growth business focused on developing industry‑specific software, platforms, and solutions that help customers navigate industry transformation and unlock new sources of growth.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry‑Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more at dxc.com.
MEDIA CONTACT: Ashley Houk‑Temple Media Relations ashley.houktemple@dxc.com
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DXC Launches DXC CoreIgnite to Help Financial Institutions Rapidly Connect to and Scale Fintech Ecosystems
