Wednesday, August 26, 2009

Visa Names Global Head of Strategy







Visa Hires Oliver Jenkyn as Global Head of Strategy and Corporate Development

San Francisco, Aug. 26, 2009--Visa Inc. (NYSE:V) today announced the appointment of Oliver Jenkyn as Visa Inc.'s Global Head of Strategy and Corporate Development. In this role, Jenkyn is responsible for developing and managing the company's corporate strategy across the 170 countries where Visa Inc. does business. Jenkyn succeeds Rupert Keeley, following Keeley's recent appointment to Group President of Visa's Asia Pacific and CEMEA regions. Jenkyn reports to Joe Saunders, Chairman and CEO of Visa Inc, and is a member of the company's Operating Committee.

"Oliver has been a trusted advisor to Visa for several years, including important contributions to our global restructuring and IPO," said Joseph W. Saunders, Chairman and CEO of Visa Inc.

Jenkyn joins Visa from McKinsey & Company's San Francisco office, where as Partner he was a leader in the firm's North American Payments and Retail Banking practices. While Jenkyn has extensive global experience across the financial services industry, he developed a specialty in payments including all aspects of the card business (issuing, acquiring, processing), ACH, check processing and cash management.

Prior to McKinsey, Jenkyn worked with Bain & Company's private equity group.

Jenkyn graduated summa cum laude from McGill University in Montreal with a bachelor's degree in economics. He also earned master's degrees in business and finance from Harvard University and Queens University.

About Visa Inc.

Visa Inc. 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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