Mastercard Names Obama Alumni Executive Director of its Philanthropic Arm
Mastercard has named Barack Obama alumnus Parag Mehta as its Executive Director and SVP of its Center for Inclusive Growth. Mehta, who has been with Mastercard since June 2017, was previously the VP for Strategic Engagement at the Center for Inclusive Growth, where he was responsible for growing a community of influencers on the front lines of inclusive growth -- economic growth which is fair, lasting and leads to shared prosperity. In his new role, Mehta says he will “lead a team of professionals who are dedicated to ensuring that the benefits of growing economies accrue to all segments of society.” The Center for Inclusive Growth is the philanthropic hub within the company, which has a goal of doing good in the world, according to Mehta in a video posted by Mastercard on its Twitter site. The 1999 University of Texas graduate, who earned his MPA from Syracuse in 2000, previously served as the Chief of Staff and Senior Advisor for former Surgeon General Dr. Vivek H. Murthy after working at the Department of Labor. After working at the DNC as Director of External Relations, Mehta handled outreach for then President-elect Barack Obama to Asian Americans and Pacific Islanders and to Lesbian, Gay, Bisexual, and Transgender Americans. His other career moves include Deputy Political Director for then-presidential candidate Howard Dean and Deputy Field Director for then-Senate candidate Ron Kirk in Texas. Mehta went on say about his new role, “Our idea about philanthropy is harnessing our talents and our skills and our expertise and the assets that we have at our company and putting it to work to solve specific issues. And in our case at the center, those issues are income inequality and information inequality.” More here.