Mastercard Appoints Ethiopian Business Mogul as Vice President

Date:

Share post:

Ethiopian business mogul Mimi Alemayehu has been appointed as Senior Vice President for the Public-Private Partnership in the Humanitarian and Development Group of Mastercard.

Mastercard, the global payment service provider, announced Mimi would manage MasterCard’s social impact partnerships and financial deals by working closely with international institutions and groups.

The American citizen who was born in Ethiopia and lived in Kenya moved to the U.S., where she earned her bachelor’s degree from West Texas A&M University.

Mimi also holds a master’s degree in International Business and International Law and Development from the Fletcher School of Law and Diplomacy at Tufts University.

Mimi has 25 years of experience in development finance. In 2010 the U.S. president, Barack Obama, appointed her to lead the U.S. government’s development finance institution, Overseas Private Investment Corporation (OPIC).

During Her four years of stay at OPIC, Mimi managed the investment of more than $16 billion in more than 100 African countries, including the partnership with Obama’s Power Africa Initiative, a strategy to improve access to electricity in Africa.

In 2013, Forbes Magazine named Mimi among the list of “The 20 Young Power Women in Africa.”

Before joining Mastercard, Mimi was managing director and a member of the Board of Directors for Black Rhino Group, an investment platform focused on the development and acquisition of energy and infrastructure assets across Africa.

Addis Insight
Addis Insighthttps://addisinsight-net.addisethiopiarestaurant.com
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
spot_img

Related articles

The Fate of Wolkait, Gondar-Amhara and Ethiopia

By - Girma BerhanuFar-reaching implications of an evolving quagmireThough who first coined the phrase “geography is destiny” is...

Creative DNA: Ethiopia Programme Announces Second Cohort of Early-Stage Fashion Designers

PRESS RELEASEADDIS ABABA, 18 MARCH 2024  Creative DNA: Ethiopia, an innovative fashion incubation  programme dedicated to nurturing early-stage...

Unveiling the Unspoken: The Untold Story of the Pretoria Peace Deal’s Inevitable Demise

By Sisay AmorawIn the grand theater of Ethiopian politics, there are several moments when the script reads like...

Intense Clashes Erupt in Bahir Dar Amidst Rising Tensions

Residents of Bahir Dar, the capital city of the Amhara region, have reported to the BBC a fierce...