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About Mastercard Foundation

Our Philosophy

The Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper.

All people, no matter their starting point in life, should have an equal chance to succeed. We believe that with access to education, financial services, and skills training, people can have that chance.

Our focus is helping economically disadvantaged young people in Africa find opportunities to move themselves, their families and their communities out of poverty to a better life.

Contact Us

Mastercard Foundation

SUITE 2400

Tel: +1 416 214 2857
Fax: +1 416 214 1923

Our Mission

To advance education and financial inclusion to catalyze prosperity in developing countries

Why do we prioritize Africa?

Africa is home to approximately 600 million people under the age of 25, the world’s youngest population. Some parts of Africa have seen tremendous economic growth, but that growth has not always been equitable. In some areas more than 60 percent of youth live below the poverty line.

With the right opportunities we believe these young people can lift themselves, their families and communities out of poverty.

The Foundation is contributing to an inclusive, more equitable Africa by supporting the implementation of proven development models and scalable approaches. These initiatives tackle some of the big challenges the people of Africa face, such as a lack of access to financial services and quality education.


Our most Frequently Asked Questions (FAQs) address questions about our history, partnering, the Scholars Program, and working for the Foundation

Our President and CEO

Reeta Roy

Reeta is the President and CEO at the Mastercard Foundation.

Our Team

We are driven to exemplify
transformative leadership

Peggy Woo's full profile
Peggy Woo
Chief Financial Officer and Chief Risk Officer
Peggy is responsible for managing the financial activities and balancing risk across the Foundation to ensure operational efficiency. Before joining the Foundation, she was the Chief Financial Officer of a private database marketing firm. She was res
Ann Miles's full profile
Ann Miles
Director, Thought Leadership & Innovation
Ann leads the Foundation’s work on Though Leadership and Innovation.  She has more that 30 years of experience in banking, investment management and international development.  She began her career with Citibank, and was recruited to Women’s Wo
Peter Materu's full profile
Peter Materu
Chief Program Officer
Peter brings a strategic perspective to the Foundation’s work in Africa. He has made major contributions to education across the continent. Before joining the Foundation, Peter was the Practice Manager for Education in West and Central Africa at t
Lindsay Wallace's full profile
Lindsay Wallace
Director, Strategy and Learning
Lindsay leads the Foundation’s Strategy and Learning team. Over the first half of 2016, she led the Foundation’s Program Excellence initiative. Prior to this role, she was Deputy Director, Financial Inclusion and managed the Financial Inclusion t
Sharon Alton's full profile
Sharon Alton
Director, People & Culture
Sharon brings strategic oversight to the People and Culture team. She has led teams during times of change, including business transformation, restructuring, mergers, and exponential growth. She has a wealth of knowledge leading and delivering a broa
David Marlow's full profile
David Marlow
Chief of Operations
David is an accomplished Finance Professional and Chartered Accountant with 29 years of international experience. He has worked with multinationals in pharmaceutical and high-tech industries and with one of the major international audit firms.  He a
Jim Leech, CM's full profile
Jim Leech, CM
Board Chair
Jim Leech, CM, is the Chancellor of Queen’s University, one of Canada’s leading universities, Senior Advisor with McKinsey and Company, and Special Advisor to the Prime Minister on the Canada Infrastructure Bank. He recently retired as President
Craig Calhoun's full profile
Craig Calhoun
Board Member
Craig Calhoun is President of the Berggruen Institute and Centennial Professor, London School of Economics. Prior to that, he was Director of the London School of Economics and Political Science (LSE). In the U.S., Mr. Calhoun was President of the
Douglas Baillie's full profile
Douglas Baillie
Board Member
Doug Baillie was Chief Human Resources Officer of Unilever. Mr. Baillie started his career with Unilever in 1978 in South Africa, which has seen him taking various sales and marketing appointments and serving in a number of leadership roles around th
Jendayi Frazer's full profile
Jendayi Frazer
Board Member
Dr. Jendayi E. Frazer is Managing Partner, Africa Exchange Holdings Company and President, 50 Ventures, LLC. Dr. Frazer served as a Distinguished Public Service Professor at Carnegie Mellon University, where she was a member of the faculty in the H.
President Festus G. Mogae's full profile
President Festus G. Mogae
Board Member
President Festus G. Mogae led the Republic of Botswana from 1998 to 2008. Under his leadership, Botswana experienced the steady economic growth that has characterized its post-independence history. President Mogae has received a number of awards, inc
Hutham Olayan's full profile
Hutham Olayan
Board Member
Hutham Olayan is a principal, director and senior executive of The Olayan Group. Ms. Olayan has headed the Group’s US presence since 1985, currently as President and CEO of Olayan America and other US affiliates of the Group.  She is responsible f
Baroness Valerie Amos, CH's full profile
Baroness Valerie Amos, CH
Board Member
Valerie Amos is the ninth Director of SOAS, University of London. From 2010, Valerie Amos served as Undersecretary General for Humanitarian Affairs and Emergency Relief Coordinator at the UN. Ms. Amos has served in a number of roles in the public sec
Jay Ireland's full profile
Jay Ireland
Board Member
Jay Ireland is the President and CEO of GE Africa (appointed in 2011) located in Nairobi, Kenya where he leads GE’s operations on the sub-continent across power generation, healthcare, transportation, oil & gas and aviation. He is a GE Officer
Zein M Abdalla's full profile
Zein M Abdalla
Board Member
Zein Abdalla was the President of PepsiCo, Inc., a leading global food, snack and beverage company, from September 2012 through his retirement in December 2014. Prior thereto he served as Chief Executive Officer of PepsiCo Europe, a division of Pepsi

Explore Amazing Opportunities

At Mastercard Foundation we are an equal opportunity employer committed to diversity.

We collaborate widely and challenge ourselves and others to innovate, exploring and testing new ideas. Most importantly, we are driven to achieve long-lasting impact. Our team is diverse, with expertise from the fields of economics, microfinance, education, communications and youth employment. We believe learning is life-long and support employees on their professional journey.


Press Centre

Share our progress towards a more equitable Africa

Press Contact

Isabelle Bourgeault-Tassé
Manager, Media Relations

Mobile: +1 647 535 3681


250 Yonge Street,
Suite 2400
Toronto, Ontario
Canada M5B 2L7

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