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.
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.
Charlie Scharf has this week announced his resignation from the post of Visa's chief executive officer. It come into effect on December 1st 2016.
Alexander Filshie, a mentor to ICAEW's Financial Talent Executive Network, handed the newly created CFO role at Worldfirst
The personal finance startup has added another banking heavyweight to its board of directors, raising $5m in the process.
The payments processing startup has moved quickly to allay concerns over its CEO's ability to run two multi-billion companies by adding heavyweight financial experience to the company leadership.