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Visa appoints Tareq Muhmood regional president, Cema
Visa appoints Tareq Muhmood regional president, Cema

Finextra

timean hour ago

  • Business
  • Finextra

Visa appoints Tareq Muhmood regional president, Cema

Visa has strengthened its regional leadership in CEMEA by appointing Tareq Muhmood as Regional President. This move highlights Visa's strategic focus on enhancing its executive presence across Central and Eastern Europe, the Middle East, and Africa. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Mr. Muhmood brings more than 30 years of banking and payments experience to the role. He most recently served as head of Value-Added Services for Visa's Europe region, based in London, and originally joined Visa in 2019 as Group Country Manager for Southeast Asia, based in Singapore. Prior to joining Visa, Mr. Muhmood held senior leadership positions with Ahli United Bank, ANZ and HSBC. Mr. Muhmood will be based in Dubai, and will take on the role effective immediately, reporting to Oliver Jenkyn, Group President, Global Markets, Visa. Mr. Muhmood succeeds Andrew Torre, who was recently appointed as President of Visa's Value-Added Services business, which has rapidly grown into a $9B global business and has delivered annualized revenue growth of 20% since 2021. With this appointment, Visa reinforces its commitment to advancing digital payments under its evolving regional leadership in CEMEA. 'We are delighted to appoint a leader with Tareq's deep experience at the intersection of financial services, technology and high growth markets to lead Visa's fastest growing region and continue our journey to advance the future of digital payments across CEMEA,' said Mr. Jenkyn. 'During the course of his career, Tareq has worked in 13 countries, and brings unique global perspective, world-class leadership and a proven track record partnering with Visa's largest clients across diverse, complex and rapidly accelerating markets.' 'It is a great honor to lead the CEMEA region, and to continue the tremendous progress that has been made in transforming the future of payments, commerce and money movement across so many dynamic markets,' said Mr. Muhmood. 'Having spent more than a third of my career in the region, I am excited by the incredible opportunity to further expand digital payments amongst more consumers, merchants and economies. I look forward to working closely with our outstanding team to enable shared growth with clients and partners across the region.'

Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa
Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa

Zawya

time10 hours ago

  • Business
  • Zawya

Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa

Cairo – Visa (NYSE: V) today announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In his new role, the established Visa leader will be responsible for leading operations across more than 86 innovative and fast-growing markets. Visa's CEMEA operations today serve more than 1,800 clients from 23 local offices across the region. Mr. Muhmood brings more than 30 years of banking and payments experience to the role. He most recently served as head of Value-Added Services for Visa's Europe region, based in London, and originally joined Visa in 2019 as Group Country Manager for Southeast Asia, based in Singapore. Prior to joining Visa, Mr. Muhmood held senior leadership positions with Ahli United Bank, ANZ and HSBC. Mr. Muhmood will be based in Dubai, and will take on the role effective immediately, reporting to Oliver Jenkyn, Group President, Global Markets, Visa. Mr. Muhmood succeeds Andrew Torre, who was recently appointed as President of Visa's Value-Added Services business, which has rapidly grown into a $9B global business and has delivered annualized revenue growth of 20% since 2021. 'We are delighted to appoint a leader with Tareq's deep experience at the intersection of financial services, technology and high growth markets to lead Visa's fastest growing region and continue our journey to advance the future of digital payments across CEMEA,' said Mr. Jenkyn. 'During the course of his career, Tareq has worked in 13 countries, and brings unique global perspective, world-class leadership and a proven track record partnering with Visa's largest clients across diverse, complex and rapidly accelerating markets.' 'It is a great honor to lead the CEMEA region, and to continue the tremendous progress that has been made in transforming the future of payments, commerce and money movement across so many dynamic markets,' said Mr. Muhmood. 'Having spent more than a third of my career in the region, I am excited by the incredible opportunity to further expand digital payments amongst more consumers, merchants and economies. I look forward to working closely with our outstanding team to enable shared growth with clients and partners across the region.' About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.

Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa
Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa

Al Bawaba

time12 hours ago

  • Business
  • Al Bawaba

Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa

Visa (NYSE: V) today announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In his new role, the established Visa leader will be responsible for leading operations across more than 86 innovative and fast-growing markets. Visa's CEMEA operations today serve more than 1,800 clients from 23 local offices across the Muhmood brings more than 30 years of banking and payments experience to the role. He most recently served as head of Value-Added Services for Visa's Europe region, based in London, and originally joined Visa in 2019 as Group Country Manager for Southeast Asia, based in Singapore. Prior to joining Visa, Mr. Muhmood held senior leadership positions with Ahli United Bank, ANZ and HSBC. Mr. Muhmood will be based in Dubai, and will take on the role effective immediately, reporting to Oliver Jenkyn, Group President, Global Markets, Muhmood succeeds Andrew Torre, who was recently appointed as President of Visa's Value-Added Services business, which has rapidly grown into a $9B global business and has delivered annualized revenue growth of 20% since 2021.'We are delighted to appoint a leader with Tareq's deep experience at the intersection of financial services, technology and high growth markets to lead Visa's fastest growing region and continue our journey to advance the future of digital payments across CEMEA,' said Mr. Jenkyn. 'During the course of his career, Tareq has worked in 13 countries, and brings unique global perspective, world-class leadership and a proven track record partnering with Visa's largest clients across diverse, complex and rapidly accelerating markets.' 'It is a great honor to lead the CEMEA region, and to continue the tremendous progress that has been made in transforming the future of payments, commerce and money movement across so many dynamic markets,' said Mr. Muhmood. 'Having spent more than a third of my career in the region, I am excited by the incredible opportunity to further expand digital payments amongst more consumers, merchants and economies. I look forward to working closely with our outstanding team to enable shared growth with clients and partners across the region.'

Visa Appoints Andrew Torre as President of Value-Added Services
Visa Appoints Andrew Torre as President of Value-Added Services

Al Bawaba

time05-06-2025

  • Business
  • Al Bawaba

Visa Appoints Andrew Torre as President of Value-Added Services

Visa (NYSE:V) announced today that it has appointed Andrew Torre, a 20-year Visa veteran, as President of Value-Added Services (VAS). Mr. Torre will replace Antony Cahill who was recently named Regional President and Chief Executive Officer for Visa's European operations, subject to regulatory approval. Mr. Torre will report to Visa Chief Executive Officer Ryan McInerney and join the Company's global leadership team. He will be based in San Francisco and take on this role effective his new role, Mr. Torre will be responsible for designing, developing and delivering Visa's VAS portfolio of products and solutions. Visa's VAS business has rapidly grown into a $9B global business that has delivered annualized revenue growth of 20% since 2018, Mr. Torre has served as Visa's Regional President for Central Eastern Europe, Middle East and Africa (CEMEA). During this time, he has overseen significant revenue growth, strengthened engagements with clients and partners, and expanded Visa's regional presence to 23 offices, serving more than 1,800 clients in 86 Torre originally joined Visa in 2002 in San Francisco where he held global roles in product, strategy and pricing. He became Visa's Group Country Manager in Russia in 2013 and later served as Group Country Manager for Sub-Saharan Africa before assuming his role leading CEMEA. Earlier in his career, Mr. Torre spent 12 years in the banking industry.'Andrew's experience leading Visa's fastest-growing region, his client-first approach, and his deep commercial expertise make him the standout choice to build on Antony's success and continue our strong Value-Added Services momentum,' said Mr. McInerney. 'We are in an optimal position to scale a high-growth and attractive margin VAS business rapidly, and we could not be more confident in Andrew's ability to make the most of this extraordinary opportunity.' An internal search for Mr. Torre's replacement has begun, and the Company expects to name his successor shortly. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.

Visa Appoints Andrew Torre as President of Value-Added Services
Visa Appoints Andrew Torre as President of Value-Added Services

National Post

time03-06-2025

  • Business
  • National Post

Visa Appoints Andrew Torre as President of Value-Added Services

Article content Article content SAN FRANCISCO — Visa (NYSE:V) announced today that it has appointed Andrew Torre, a 20-year Visa veteran, as President of Value-Added Services (VAS). Mr. Torre will replace Antony Cahill who was recently named Regional President and Chief Executive Officer for Visa's European operations, subject to regulatory approval. Mr. Torre will report to Visa Chief Executive Officer Ryan McInerney and join the Company's global leadership team. He will be based in San Francisco and take on this role effective immediately. Article content In his new role, Mr. Torre will be responsible for designing, developing and delivering Visa's VAS portfolio of products and solutions. Visa's VAS business has rapidly grown into a $9B global business that has delivered annualized revenue growth of 20% since 2021. Article content Since 2018, Mr. Torre has served as Visa's Regional President for Central Eastern Europe, Middle East and Africa (CEMEA). During this time, he has overseen significant revenue growth, strengthened engagements with clients and partners, and expanded Visa's regional presence to 23 offices, serving more than 1,800 clients in 86 markets. Article content Mr. Torre originally joined Visa in 2002 in San Francisco where he held global roles in product, strategy and pricing. He became Visa's Group Country Manager in Russia in 2013 and later served as Group Country Manager for Sub-Saharan Africa before assuming his role leading CEMEA. Earlier in his career, Mr. Torre spent 12 years in the banking industry. Article content 'Andrew's experience leading Visa's fastest-growing region, his client-first approach, and his deep commercial expertise make him the standout choice to build on Antony's success and continue our strong Value-Added Services momentum,' said Mr. McInerney. 'We are in an optimal position to scale a high-growth and attractive margin VAS business rapidly, and we could not be more confident in Andrew's ability to make the most of this extraordinary opportunity.' Article content An internal search for Mr. Torre's replacement has begun, and the Company expects to name his successor shortly. Article content Article content Article content Article content Article content Article content

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