Latest news with #Muhmood
Business Insider
3 days ago
- Business
- Business Insider
Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa
Experienced Visa executive to lead operations and presence across high-growth region with 86 markets 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.'
IOL News
4 days ago
- Business
- IOL News
Tareq Muhmood named new regional president for Visa's CEMEA operations
Visa has appointed Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East, and Africa Image: Supplied Visa (NYSE: V) has announced the appointment of Tareq Muhmood as Regional President. The seasoned Visa leader is set to oversee operations in 86 dynamic markets, where Visa currently serves over 1,800 clients from 23 local offices. Muhmood steps into this pivotal role with an impressive background, bringing over 30 years of banking and payment experience. He previously led the Value-Added Services for Visa's Europe region out of London. His career at Visa began in 2019 when he took on the position of Group Country Manager for Southeast Asia, operating from Singapore. Prior to joining Visa, he held senior leadership roles at prominent financial institutions including Ahli United Bank, ANZ, and HSBC. With the regional headquarters based in Dubai, Muhmood's new position is effective immediately, as he reports to Oliver Jenkyn, Group President of Global Markets at Visa. He replaces Andrew Torre, who has been elevated to President of Visa's Value-Added Services business—a sector that has rapidly evolved into a USD 9 billion global operation and achieved a remarkable annual 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,' remarked Jenkyn. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading He underscored Muhmood's global perspective, extensive leadership, and proven record of partnering with Visa's largest clients in various rapidly developing markets. On his appointment, Muhmood expressed enthusiasm, stating, 'It is a great honour 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.' With over a third of his career spent in the region, he looks forward to expanding digital payment solutions among 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,' he added. Visa's CEMEA operations represent a crucial segment of the company's global ambitions, with digital payments becoming integral to commerce and everyday transactions. Under Muhmood's leadership, the company aims to enhance its service offerings and strengthen its position in these fast-evolving markets, thereby fostering a digitally connected economy. IOL
Fintech News ME
5 days ago
- Business
- Fintech News ME
Visa Names Tareq Muhmood as Regional President for CEMEA
Visa has announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In this role, Muhmood will oversee operations across more than 86 markets in the region, where Visa serves over 1,800 clients through 23 local offices. Muhmood brings over three decades of experience in banking and payments. He most recently led Value-Added Services for Visa's Europe region from London and joined the company in 2019 as Group Country Manager for Southeast Asia, based in Singapore. His previous roles include senior leadership positions at Ahli United Bank, ANZ, and HSBC. Muhmood will be based in Dubai and reports to Oliver Jenkyn, Group President, Global Markets at Visa. He takes over from Andrew Torre, who has been appointed President of Visa's Value-Added Services division. That unit has grown into a US$9 billion global business, with an annualised revenue growth rate of 20% since 2021. Commenting on his appointment, Muhmood said: 'It is a great honour to lead the CEMEA region, and to continue the progress made in transforming the future of payments, commerce, and money movement across such dynamic markets. Having spent over a third of my career in the region, I am excited by the opportunity to further expand digital payments to more consumers, merchants, and economies. I look forward to working with our team to support growth with clients and partners throughout the region.'
