Robert W. Selander was the President and

Chief Executive Officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of MasterCard until 1 July 2010 when he was succeeded by Ajay Banga. He had held this position since April 1997. Before that he spent 20 years with

Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...

, where he developed their global branch network and managed Citibank’s Diners Club International credit card business throughout the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

and

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

Early life and career

Selander earned his undergraduate degree in industrial engineering from

Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...

in 1972 and was a member of the Quill and Dagger society and the Sigma Chi Fraternity. He earned his MBA from the

Harvard Harvard University is a private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher lear ...

Business School. In 2005 Selander was presented with a Doctor of International Business Honoris Causa from Richmond The American International University in London. Selander serves on the Board of Directors of Western Union Company, HealthEquity, Inc., and Fidelity Equity and High Income. He also served on the Board of Directors of MasterCard Incorporated, MasterCard International and Hartford Financial Services Group Inc. In February 2006, Selander had surgery for

prostate cancer Prostate cancer is the neoplasm, uncontrolled growth of cells in the prostate, a gland in the male reproductive system below the bladder. Abnormal growth of the prostate tissue is usually detected through Screening (medicine), screening tests, ...

, which delayed the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

of MasterCard.Selander Cites Health, Puts Off MasterCard IPO – Forbes.com
/ref>

References

Cornell University alumni Harvard Business School alumni Living people American business executives Year of birth missing (living people) {{US-business-bio-stub