Jeff Allen, Mastercard’s vice-president for strategic investments, has become principal for strategic business development at e-commerce firm Amazon.
Allen joined credit card operator Mastercard in August 2009 from investment bank Sagent Advisors and was a noted thought-leader in the industry, having published in Global Corporate Venturing in February his “five success factors in strategic investing”.
At the time of Allen’s Rising Stars award in January 2017, Mastercard’s portfolio consisted of about 20 active investments, including SecureKey, a Canada-based identity and authentication technology developer where he was a board observer and which raised C$27m ($20.5m) in October last year.
Editor’s note: Allen’s move was identified by reporter Alice Tchernokoova in researching for the next GCV Rising Stars 2018 awards.