Ingenico hires ePayments expert from within

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After narrowly missing out on acquiring British processor Worldpay last month, French transaction company Ingenico Group is focussing on its own payment services with the appointment of Pierre-Antoine Vacheron as EVP ePayments.

 

ePayments leader

Vacheron, who previously served in a joint role as Ingenico’s executive vice president of strategy and performance and chief financial officer, will focus his efforts on improving Ingenico’s online payment platforms, working closely with cross-border transaction firm GlobalCollect and Belgium PSP Ogone, both of whom are owned by Ingenico.

Another part of Vacheron’s job description is to identify and integrate new commerce trends into the company’s payment solutions, as to stay fresh and keep up with rival processors, including Worldpay who Igenico made a £6.6bn bid for in September.

Advent International and Bain Capital, the private equity firms that own Worldpay, were rumoured to be interested in selling their company, but eventually announced plans to launch an IPO after rejecting bids from Ingenico and investment groups Blackstone Group and Hellman & Friedman.

 

Step up Ingenico’s growth and transformation

Philippe Lazare, chairman and CEO of Ingenico Group, is confident that Vacheron is the right person to be leading Ingenico’s payments division.

‘‘I’m extremely pleased to be putting Pierre-Antoine in charge of our ePayments division. Since he joined us in 2009, initially as Chief Financial Officer and subsequently as the head of our Europe-SEPA region, where he handled the development of payment services, Pierre-Antoine has helped to expand our business and to strengthen our omni-channel offering,’’ said Lazare.

‘‘This change will enable Ingenico Group to step up its growth and transformation. Nathalie Lomon has shown energetic commitment and professionalism for the past five years. In her new role, she will help strengthen our strategy for achieving profitable growth.’’

Nathalie Lomon has been appointed chief financial officer, and will thus be taking over responsibility for Group financial management from Vacheron.

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