Barclays sacks Chief Executive amidst cost cutting row
Anthony Jenkins, chief executive at Barclays has been sacked amid rows at boardroom level over the bank’s cost cutting procedures.
Career Moves
ING Group creates head of FinTech position
The Bank has appointed Benoit Legrand as its new head of FinTech, a newly-created role. He will be responsible for creating and implementing ING’s strategy on new financial technology.
MasterCard confirms Asia Pacific leadership shakeup
MasterCard has made changes to its leadership setup in Asia Pacific, with former president Matthew Driver gaining the role of group executive, while a new role has been created to improve payment infrastructure in the region.
Barclays appoints Wall Street critic as a senior advisor
Barclays has appointed Richard Fisher, former CEO of Federal Reserve Bank of Dallas and current Pepsi board member, as a senior advisor. The appointment will be effective from 1st July, 2015.
Paytm adds three industry veterans to its board
Indian mobile payment platform Paytm has made three new additions to its board of directors, including Facebook’s first female engineer and the former global business head of WhatsApp.
MasterCard appoints two co-presidents for the Asia/Pacific region
MasterCard has appointed Ling Hai and Ari Sarker as co-presidents for the Asia/Pacific region and has also created new sub-regions: North East Asia and Australasia (NEAA) and South East Asia and South Asia (SEASA).
Basketball legend will join Square’s board of directors
Earvin ‘Magic’ Johnson, the former basketball player, businessman and philanthropist, is joining Square this summer as a member of its board of directors.
Visa makes new addition to its board of directors
Visa Inc. has elected Lloyd Carney as an independent director to its board of directors. Carney will also serve as a member of the board’s Audit and Risk committee.
Global Payments gains new vice president
Former Google executive Frank T. Young has joined Global Payments as senior vice president of Global Product and Innovation.
IPFA appoints a new CEO and adds to its management team
The International Payments Framework Association (IPFA) has made Elizabeth McQuerry, a partner in the US payments consulting firm Glenbrook Partners, its new CEO with immediate effect. It has also appointed a new member to its board of directors and a new company secretary.
