Inclusive growth

Inclusive growth

Financial diversity and inclusion

Mastercard’s general counsel Tim Murphy is in the unusual position of having not just overall responsibility for the legal function, but for diversity and inclusion across the company. Murphy sat down with GC to discuss a global diversity agenda and the unique role of lawyers in pushing progress.

I have responsibility for global diversity for Mastercard. Our chief diversity officer reports to me, along with a team of four professionals. The origin of that comes straight from the top – Ajay Banga our CEO believes diversity should be the responsibility of someone with a global business leadership role. He doesn’t want diversity to only be viewed as an HR function. Then, people put it in a box and think about it in a partial or nice to have way, rather than as the core business enabler it can be. We wanted to create a context where diversity and inclusion is driven in partnership with HR, but as a truly strategic function of leadership.

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