Mastercard Foundation, one of the world’s largest philanthropies, has named Sewit Adherom as its next President and CEO. Her appointment will continue Mastercard Foundation’s Africa-first agenda and signal a change towards more tech-powered solutions to jobs, skills, and opportunity. Founded in 2006, the Mastercard Foundation holds over $53 billion in assets, and its Young Africa Works strategy aims to enable 30 million young Africans to secure dignified work by 2030. Its flagship initiatives include the Mastercard Foundation Scholars Program, which has enabled more than 40,000 young people, mostly Africans, to complete their education and transition into careers. Through its Young Africa Works strategy, the Foundation has also helped more than 13 million young Africans secure dignified and fulfilling work opportunities.