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Network International hires Mastercard executive as new CEO

Jan 5 (Reuters) - Payments processor Network International said on Tuesday Mastercard Inc executive Nandan Mer would succeed industry veteran Simon Haslam as the UK-listed company’s new chief executive officer.

Network International, whose stock price roughly halved in value last year amid reports of short-selling, said Haslam would retire and step down from the role by the end of January. (Reporting by Muvija M in Bengaluru; Editing by Sriraj Kalluvila)

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