MasterCard announced the promotion of Tara Nathan to executive vice president of Public-Private Partnerships. Nathan's appointment comes as Ed Brandt, who has led the company's Government Services and Solutions group since April 2012, announced his retirement after 10 years at MasterCard. Nathan was most recently the company's executive director for International Development.

In this role, she focused on creating partnerships with multilateral and bilateral development organizations, international financial institutions, corporate foundations and non-governmental organizations (NGOs), designed to use payments technology to advance financial inclusion, humanitarian response, government transparency and economic formalization. In her new and expanded role, Nathan will continue to manage the company's International Development efforts, while adding oversight of Government Services and Solutions initiatives. Nathan and her team will leverage the company's innovation capabilities to help governments around the world address critical needs.