Mastercard CEO Michael Miebach on Tuesday joined the board of directors of the US-India Strategic and Partnership Forum, according to an official announcement.

"I look forward to working with USISPF to build the strategic, commercial, and people-to-people ties that will serve as the bedrock of the US-India partnership in the 21st century,” Miebach said.

Observing that USISPF is a critical forum for business and government leaders to come together and drive the next phase of growth in the US-India partnership, Miebach said he believes the relationship between the two countries will define the future of the global economy and shape their ability to tackle the most pressing global challenges together.

Michael has been a true champion of digital economy cooperation between the United States and India, helping drive cutting-edge innovation that powers commerce and societies in both countries, said Mukesh Aghi, president of USISPF.

"Mastercard’s steadfast commitment to financial inclusion and digital transformation is a model for the private sector – both in the US-India corridor and around the world,” he added.

USISPF chairman John Chambers said the Board of Directors reflects accomplished individuals across a wide array of sectors.

"Even more importantly, the Board represents the appetite Fortune 250 companies have for further increasing strategic business partnerships and digital trade between the US and India,” he said.

"Mastercard’s work in developing our global digital economy is completely aligned with Prime Minister (Narendra) Modi’s vision for a ‘Digital India’. Michael understands this vision and is a welcome addition to the team as we continue building the most strategic country-to-country partnership in the world at a pivotal time,” Chambers said.

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