LONDON--(BUSINESS WIRE)--Sep. 7, 2017--
Visa (NYSE:V) announced today it has appointed Charlotte Hogg as the new
executive vice president and chief executive officer for its European
operations, effective October 1, 2017. Ms. Hogg will report to Visa’s
chief executive officer, Al Kelly, and Visa Europe Limited (VEL) board
chairman, Gary Hoffman. Ms. Hogg will join the VEL board of directors
and will also be a member of Visa’s global executive committee.
Ms. Hogg brings more than 25 years of experience to Visa, in roles that
span financial services, bank operations and management consulting. Ms.
Hogg most recently served as chief operating officer for the Bank of
England, from 2013 to 2017. Prior to that role, she led retail
distribution for Santander in the UK and previously worked at Experian
as the managing director of UK and Irish operations.
Earlier in her career, Ms. Hogg was a managing director for strategy and
planning at Morgan Stanley, and a management consultant at McKinsey &
Company, based in the U.S. Ms. Hogg graduated from the University of
Oxford with a Bachelor of Arts degree.
“After an extensive search, we are very pleased to have Charlotte lead
our team in Europe,” said Al Kelly, chief executive officer of Visa Inc.
“Charlotte’s depth of experience and outstanding accomplishments in the
European financial services market will be a great addition to our
global management team. She will lead the effort to expand our merchant
and financial institution relationships, and capitalize on the
tremendous growth opportunity in the European region.”
“I'm honored and thrilled to be joining Visa at this time. Across
Europe, as well as globally, the developments in digital and payments
provide new opportunities for consumers, financial institutions and
merchants,” said Ms. Hogg. “It will be a privilege to work with
colleagues across the globe to bring European clients the deep
technological expertise and innovation for which Visa is known.”
Ms. Hogg joins Visa at a pivotal time in its business and growth
trajectory. Visa Inc. acquired Visa Europe Ltd. in June of 2016 to
create a single global company, positioned to provide Visa’s European
clients with a more seamless experience and to assist them in gaining
access to a greater range of payment capabilities, services and products.
“Visa is entering a very exciting chapter in its history, in which the
company has a significant opportunity to harness new payment
innovations, offer differentiated payments services and forge new
partnerships. This will drive growth and deliver increased value to
Visa’s clients and their customers across the region,” said Gary
Hoffman, chairman of the board for Visa Europe Limited. “Ms. Hogg’s
long-standing relationships in European and global markets will be a
tremendous asset that will undoubtedly accelerate our business and help
us continue our strong track record of success.”
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our
mission is to connect the world through the most innovative, reliable
and secure payment network - enabling individuals, businesses and
economies to thrive. Our advanced global processing network, VisaNet,
provides secure and reliable payments around the world, and is capable
of handling more than 65,000 transaction messages a second. The
company’s relentless focus on innovation is a catalyst for the rapid
growth of connected commerce on any device, and a driving force behind
the dream of a cashless future for everyone, everywhere. As the world
moves from analog to digital, Visa is applying our brand, products,
people, network and scale to reshape the future of commerce. For more
information, visit usa.visa.com/aboutvisa, visacorporate.tumblr.com and
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Source: Visa Inc.
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