MasterCard has announced that Deborah Heng has been appointed as group head and general manager of Singapore, taking over from Julienne Loh who is now group head of Consumer Credit, Asia Pacific.

As general manager, Heng will lead all aspects of MasterCard’s business expansion efforts in Singapore, working with banks, non-financial institutions and key merchants to drive business results.

She will also be responsible for the rollout of the next generation of payment products and solutions in Singapore as MasterCard continues to innovate for digital convergence.

In her 14 years with MasterCard, Heng has overseen diverse strategic business deals, delivering against aggressive revenue targets and managing investment budgets across varied geographies – first in Finance for the Asia Pacific region, followed by the Europe region, after which she moved to roles in customer relationship management and business development based in Singapore.

Prior to this appointment, Heng’s most recent role was division finance officer for MasterCard, South East Asia and South Asia.

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In her new role as the head of Consumer Credit, Asia Pacific, Loh will lead the strategic development and execution of credit products as MasterCard looks to expand its customer base in the Asia Pacific region.

Loh has been with MasterCard since 2005, with over 20 years of professional experience in business, marketing and financial sectors in Singapore.

Loh, a member of the Women’s Leadership Network at MasterCard, also serves as a board member in Junior Achievement Singapore, a non-profit organization dedicated to promoting financial literacy in young people.