Mastercard announced that Caroline Louveaux is the company’s new chief privacy officer, overseeing a global team responsible for the company’s privacy strategy.
“Just as our cardholders trust that the transaction will go through whenever they tap or dip their card, they trust that their information is safe with us,” said Tim Murphy, general counsel, Mastercard. “There has never been a greater emphasis on privacy or questions about how companies are measuring up. Caroline will help us continue to build on the trust we’ve long established with robust privacy practices in the future.”
Already with the company for more than a decade, Louveaux was most recently in charge of regional privacy and data protection programs internationally. She is also a respected subject matter expert in data privacy.
In her new role, Louveaux will work with recently appointed Mastercard chief data officer JoAnn Stonier to enable data innovation while ensuring that privacy is embedded into all products, solutions and technology that collect, use and share personal information.
Louveaux and her team will also be responsible for translating regulatory requirements into compliance and technology solutions; working with governments, regulators and policymakers so they understand how the industry secures privacy when using personal information; and overseeing employee training to ensure a top-to-bottom commitment to privacy.
Louveaux will be based in Brussels, Belgium, in time to help the company work with regulations like the European General Data Protection Regulation (GDPR), which sets a new global standard for how personal information is treated in the global economy. Louveaux even serves as the co-chair of the EU GDPR group of the Information Accountability Foundation, and is a member of the GDPR Steering Committee of the Centre of Information Policy Leadership.
She is also a member of the advisory board and a lecturer for the new “certified DPO education” program at Solvay Brussels School of Economics and Management and a faculty member at the EU Data Protection Law Summer School, as well as a lecturer at the “executive DPO education” program at Paris-Dauphine University and at the CRIDS DataSafe “DPO certification” program.