Mastercard has appointed Sejal Shethia as Director, Product and Solutions, bringing her decade-plus expertise in cards, digital partnerships, and unsecured lending to drive innovation in the global payments ecosystem. This strategic hire underscores Mastercard’s focus on scalable, customer-centric solutions amid rapid digital financial services adoption across India and beyond.
In her new role, Shethia will spearhead product strategies, fortify issuer and fintech
partnerships, and expand solution-led value propositions. Her mandate emphasizes building
offerings aligned with evolving consumer behaviors, blending product innovation with
ecosystem collaboration to deliver measurable impact in payments transformation.
Shethia’s career trajectory reflects proven success across India’s competitive banking
landscape. Most recently at Federal Bank, she served as Vice President – Product Head,
Unsecured Assets (Credit Cards and Personal Loans), and Head – Unsecured Products.
There, she orchestrated portfolio growth, refined product strategies, and accelerated digital
acquisition, strengthening credit card and personal loan profitability while enhancing
unsecured lending frameworks.
At IndusInd Bank, Shethia led Co-Branded Credit Cards, managing high-stakes partnerships and driving portfolio expansion. Her tenure at HSBC focused on Digital and Fintech Partnerships and Marketing, where she accelerated alliance-led growth and elevated digital distribution capabilities. Earlier roles at HDFC Bank and Axis Bank in product and brand management, combined with advertising experience, provide her cross-functional perspective for Mastercard’s ambitious goals.
“Congratulations to Sejal on this well-deserved appointment,” noted industry observers. Her blend of domain knowledge, from co-branded portfolios to fintech alliances, positions her to shape next-generation payment solutions at a pivotal time for India’s digital economy.
Mastercard’s move reinforces its commitment to localized leadership fueling global
innovation, leveraging Shethia’s insights to navigate regulatory shifts, consumer trends, and = technological disruptions in payments.

