Mastercard Hires American Express Veteran Vivian Zhou as Corporate Treasurer

Mastercard has named Vivian Zhou as Corporate Treasurer, effective August 15, 2022. She succeeds Alfred Kibe, who will assume the role of CFO of Mastercard's North America region.

Zhou joins Mastercard from American Express​, where she was most recently head of investor relations. During her 16-year tenure, Zhou held several leadership positions in global treasury, with responsibilities including balance sheet strategy and planning as well as oversight of the treasury department's global capital markets activities. Prior to joining American Express in 2006, Vivian worked at KPMG LLC in various roles of increasing responsibility.

"Vivian brings deep experience that is well-suited to supporting the execution of Mastercard's strategy" said Sachin Mehra, Chief Financial Officer. "We look forward to having her join the team and leveraging her experiences to drive our continued growth globally."

Both Mastercard and American Express have seen strong growth over 2021. The annual report by Mastercard shows that the net revenue was $18.9 billion, representing a 23% increase compared to 2020. The net income came it at $8.7 billion, which was a 35% growth compared to the prior year.

American Express delivered a net income of $8.1 billion in 2021, slightly lower than that of Mastercard. Its revenue grew 17% year over year to $42.4 billion.