MoneyGram nabs PayPal MD to the UK Olav Scheible

Jumping ship

The global money transfer company is appointing Scheible as their new executive vice president heading up Europe, Africa and emerging channels. The appointment will commence from 16th April (view press release). Scheible will be responsible for managing and developing the company’s business in Africa and Europe and enhancing the company’s online presence through strategic partnerships. MoneyGram CEO and Chairman Pamela Patsley comments that Scheible’s “expertise in payment services, online commerce and international business will be a tremendous asset as we work to expand our presence across borders and into new channels”.

As MD to the UK at PayPal, Scheible was pivotal in restructuring the unit’s management team, boosting growth, managing marketing strategies and launching innovative new products. Scheible says he is pleased to “be joining a company with a solid foundation and exciting growth prospects.”

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