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| Choi Dong-chun, Mastercard's division president for Northeast Asia / Courtesy of Mastercard |
By Anna J. Park
Mastercard has appointed Choi Dong-chun, the head of its operations in Korea and three other regions, to lead its entire Northeast Asia business, the company said Monday.
Choi has been leading the U.S.-headquartered multinational company's operations in Korea, Hong Kong, Macau and Taiwan since September 2017.
He will be responsible for all aspects of Mastercard's operations across the Northeast Asian markets, including strengthening business alliances, enhancing brand awareness and promoting the growing usage and acceptance of the firm's leading digital payment services.
Choi joined Mastercard in 2003, and has been the credit card company's division president for Korea since 2008.
Mastercard explained that the new division president for Northeast Asia plans to expand the firm's services in the areas of credit and debit card payments, consulting, data and security. He's particularly expected to focus on innovations in payment methods and wiring services.
After completing his undergraduate studies at Korea University in 1994, Choi earned an MBA from the Kellogg Business School of Northwestern University in 2000. Prior to joining Mastercard in 2003, Choi worked as a consultant at McKinsey and Company, an investment banker at Salomon Smith Barney and a private equity investor at Ilshin Investment.
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