MasterCard International said Tuesday that it is realigning its top management to better focus on member banks and customers while balancing internal operational concerns.

In what a spokeswoman described as a "top line" reorganization that is still to be fleshed out, the company has been divided into five parts, with the head of each reporting to president and chief executive officer Robert W. Selander.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.