Ajay Bhalla

Ajay Bhalla

Board Director | Managing Partner | Investor | Digital Transformation

Ascend Capital Ventures Ltd•London, England, United Kingdom

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Experience38+ Years
LevelSenior Management

Executive Overview

Former President of Mastercard’s Cyber & Intelligence business and member of executive committee and global management committee. Responsible for developing technologies and solutions that provide safe, secure and frictionless interactions for Mastercard’s customers and partners. Past: - President of Mastercard’s Digital Payment Services - President of Mastercard for South Asia and Southeast Asia - Leadership positions at HSBC and Xerox Education: - BA in Commerce, University of Delhi - MA in Management Studies, University of Mumbai Leadership: - Board Member, PVH Corp - Senior Fellow at The Fletcher School at Tufts University - Science Fellow at Massachusetts Institute of Technology (MIT) - Executive in Residence at Oxford University - Strategic Advisor to the World Economic Forum — member of the Executive Steering Committee for Digital Trust and Co-Chair of the Global Council on Cybersecurity

Career Timeline

Professional employment history
  • 2025–Present· 1 yr 9 mos
    • Managing Partner, Business OperationsCurrent
      2025–Present
  • PVH Corp.Current
    2022–Present· 4 yrs 9 mos
    • Board MemberCurrent
      2022–Present
  • 2018–2024· 6 yrs
    • President, Cyber & Intelligence
      2018–2024
  • 2014–2017· 3 yrs
    • President, Global Enterprise Risk and Security
      2014–2017
  • 1993–2013· 20 yrs
    • President, Digital Payment Services Business
      2011–2013
    • President, South Asia and Southeast Asia
      2008–2011
    • President, Southeast Asia
      2002–2008
    • Country Manager, Singapore, and Head of Marketing, Southeast Asia
      1997–2002
    • Vice President
      1993–1997
  • 1988–1993· 5 yrs
    • Senior Roles
      1988–1993

Education

Master's degree

Management

University of Mumbai

Executive in Residence

Saïd Business School, University of Oxford

Connection Science Fellow

Massachusetts Institute of Technology

Bachelor's degree

Commerce

Delhi University

CEME Senior Fellow

The Fletcher School at Tufts University

Executive Relationship Map

Reports To
Ajay Bhalla
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

BizKonnect has mapped this leadership network including reporting hierarchies, peer connections, and cross-functional relationships.

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Skills & Expertise

16 of 16 skills
Product ManagementCredit CardsCRMMarketingRisk ManagementMarketing StrategyCustomer Relationship Management (CRM)E-commerceManagementPaymentsBusiness AnalysisStrategyStrategic PartnershipsFinancial ServicesBusiness StrategyBusiness Development