Mastercard Foundation Appoints Robin Washington to Board of Directors

TORONTO, ONTARIO – African
Media Agency – 22 June 2021 – The Mastercard Foundation announced changes to its Board of Directors. Robin L.
Washington was appointed to the Board and long-time Board member President
Festus G. Mogae will be retiring.

“I’m thrilled to welcome Robin Washington to the Board,” says Zein
M. Abdalla, Mastercard Foundation Board Chair. “As you can see from Robin’s
biography, she brings a fantastic range of operational experience and insight
that will benefit the Foundation enormously as we continue to expand our impact.”

Robin
L. Washington is currently a member of the Board of Directors of Alphabet,
Inc., Honeywell International, Inc., and Salesforce.com. She served as Vice
President and Chief Financial Officer of Gilead Sciences, Inc. from May 2008
until November 2019, where she oversaw Global Finance, Facilities and
Operations, Investor Relations and the Information Technology divisions. Prior
to Gilead, she was the Chief Financial Officer of Hyperion Solutions, Inc. Ms.
Washington is a certified public accountant. She holds a bachelor’s degree in
business administration from the University of Michigan and an MBA from
Pepperdine University.

“The
Mastercard Foundation does not shy away from the complex challenges facing the
world in these unprecedented times,” says Washington. “They have an ambitious
goal that will drive meaningful change and impact the lives of millions of
young people living in poverty. I am looking forward to being a part of the
Foundation’s Board and contributing to this important work.”

Current
Board member President Festus G. Mogae is retiring from the Board after 11
years of service. He led the Republic of Botswana from 1998 to 2008 and focused
his efforts on fighting poverty and unemployment as well as reducing the spread
of HIV/AIDs. President Mogae is the recipient of several international awards,
including the Ibrahim Prize for Achievement in African Leadership and
the Grand Cross of the Légion d’honneur presented to him by French
President Nicolas Sarkozy in 2008 for his exemplary leadership in establishing
Botswana as a “model of democracy and good governance.” President Mogae
currently serves as a Trustee of the Rhodes Trust and is an Honorary Member of
the American Academy of Arts and Sciences.

“President
Mogae is deservedly celebrated for his work across Africa and globally. He has
long been an advocate for peace and a supporter of human rights, and his active
leadership has enabled the advancement of economic and social progress on the
continent,” says Abdalla. “On behalf of the Foundation, I sincerely thank him
for his wisdom and service over the years. He will be deeply missed.”

Mastercard Foundation Board of Directors

The Mastercard Foundation Board of Directors
currently includes:

• Zein Abdalla, Mastercard Foundation Board
  Chair and retired President of PepsiCo, Inc.
• Valerie Amos, CH, Director of SOAS, University
  of London and former Under-Secretary-General for Humanitarian Affairs and
  Emergency Relief Co-ordinator
• The Honourable Louise Arbour, Jurist in
  residence at Borden Ladner Gervais LLP and former justice of the Supreme
  Court of Canada
• Doug Baillie, Retired Chief Human Resources
  Officer of Unilever
• Craig Calhoun, Professor of Social Sciences,
  Arizona State University
• Jennifer Fonstad, Co-Founder, Aspect Ventures
• Dr. Jendayi Frazer, Managing Partner, African
  Exchange Holdings Company; President of 50 Ventures, LLC; and former U.S
  Assistant Secretary of State for African Affairs
• Jay Ireland, Retired President and CEO, GE
  Africa
• Jim Leech, CM, Senior Advisor with McKinsey
  & Company; former Chancellor of Queen’s University; and retired CEO of
  Ontario Teachers’ Pension Plan
• Michael Sabia, Deputy Minister of Finance
  Canada and former Director of the Munk School of Global Affairs &
  Public Policy at the University of Toronto
• Ellen Johnson Sirleaf, Former President of
  Liberia and Nobel Peace Prize recipient
• Robin L. Washington, Former Executive Vice
  President and Chief Financial Officer at Gilead Sciences, Inc.