Mastercard CEO Ajay Banga to step down, insider Miebach tapped <!-- no image --> <div>Mastercard said on Tuesday Chief Executive Officer Ajay Banga will step down at the start of the next year and will be replaced by Chief Product Officer Michael Miebach.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GjMTiHe8res:3fVLFQdL0kE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GjMTiHe8res:3fVLFQdL0kE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=GjMTiHe8res:3fVLFQdL0kE:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GjMTiHe8res:3fVLFQdL0kE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=GjMTiHe8res:3fVLFQdL0kE:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/GjMTiHe8res" height="1" width="1" alt=""></div> Posted by Reuters