MasterCard Incorporated (NYSE:MA) today announced the election of Rima Qureshi to its Board of Directors, effective immediately.
With this appointment, the MasterCard Board of Directors is now comprised of 12 members.
"Rima's expertise in the mobile, telecommunications and information technology industries and her proven leadership capabilities will certainly benefit MasterCard," said Richard Haythornthwaite, chairman of the MasterCard Board of Directors. "Her appointment further enhances the truly global perspective of our Board. I look forward to working with Rima and the entire Board of Directors as MasterCard continues to create payment solutions that benefit consumers, businesses and governments around the world."
Ms. Qureshi, 46, is senior vice president and business unit head, CDMA Mobile Systems at Ericsson, the world's leading provider of technology and services to telecom operators. Prior to her appointment to this position in January 2010 as head of one of Ericsson's four business units, she served as vice president, AT&T Improvement Program Manager for Ericsson North America from 2008 until 2009, and vice president, Service Sales for Ericsson Canada in 2008. She served as vice president and head of Product Area Customer Support for Ericsson AB in Stockholm from 2004 until 2008. Ms. Qureshi also has served as head of Ericsson Response since 2006. Ms. Qureshi has held positions of increasing seniority within Ericsson in Canada and Sweden since joining the company in 1993. Before joining Ericsson, Ms. Qureshi served as an IT consultant at DMR Group Inc.