In this role, Wormald will oversee Mastercard’s Asia Pacific business, steering strategy, accelerating growth, and fostering innovation to help shape the future of financial services across the region
Richard Wormald has been elevated to the role of President, Asia Pacific at Mastercard, marking a significant leadership move for the global payments major in the region. He announced the development via LinkedIn, sharing that Singapore will serve as his new home base as he assumes the expanded role at the start of 2026.
In his new position, Wormald will lead Mastercard’s Asia Pacific business, steering strategy, growth, and innovation to help shape the future of financial services across the region.
“Happy New Year from my new home base in Singapore. I’m delighted to begin 2026 in my new role as Asia Pacific President at Mastercard,” Wormald wrote in a LinkedIn post.
Looking ahead, he underscored a strong focus on expanding financial access, strengthening security, and responsibly leveraging technology and AI to accelerate the transformation of the payments ecosystem across Asia Pacific.
“Having spent many years visiting, it’s energising to now be based here and experience Singapore from a new vantage point. As a true gateway to Asia and a centre of gravity for the region across finance, technology, innovation, and talent, it reflects the optimism, diversity, and momentum I see across Asia Pacific,” he added.
As Asia Pacific President, Wormald will oversee Mastercard’s strategy and operations across one of its most dynamic and fastest-growing markets, at a time when digital payments, financial inclusion, and AI-led innovation are increasingly central to the future of commerce in the region.
