San Francisco, March 8, 2010 -- Visa Inc. (NYSE:V) announced today that Elizabeth Buse has been named Group Executive, International, effective April 1. In this new role, she will oversee Visa's global sales and client service functions across Asia-Pacific and Central Europe, the Middle East and Africa (CEMEA), Visa's fastest growing geographies. Ms. Buse, who previously served as Visa's Global Head of Product, will be based in Singapore and report to John Partridge, President Visa Inc.
In announcing Ms. Buse's appointment Joseph Saunders, Visa's Chairman and Chief Executive Officer said, "Under Elizabeth's leadership, Visa has globalized our e-commerce, money transfer and mobile efforts and delivered customer-centric and value-add information products and services that continue to drive the shift to electronic payments and accelerate our growth around the world. Elizabeth also has been a driving force behind our core debit, prepaid, commercial and credit card businesses and other critical product innovations. Visa will benefit immensely from her drive, strong knowledge of the business and the respect she commands from clients, colleagues and Wall Street alike."
The appointment follows the decision by Rupert Keeley, Group President of Asia Pacific and CEMEA, to leave the company. Under Mr. Keeley's leadership, Visa's business in the Asia Pacific region grew significantly and is positioned for further growth.
"I am very grateful for Rupert's many years of service and his success in building the pre-eminent payments business in Asia Pacific. He leaves behind a sound foundation for Visa's continued expansion in Asia Pacific," said Saunders. "I am confident Elizabeth will continue to build on our success there and will ensure that Visa continues to capitalize on the wealth of potential opportunities that exist across Asia Pacific and in our CEMEA geographies."
About Visa: Visa operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries. For more information, visit www.corporate.visa.com .
Source: Company press release.
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