Visa appointed Tareq Muhmood (LinkedIn) as its new regional president for Central and Eastern Europe, the Middle East, and Africa (CEMEA), the payment card services company said in a statement (pdf). Muhmood brings over 30 years of experience in banking and payments to the role, having most recently served as head of value-added services for Visa Europe. He takes over from Andrew Torre, who was tapped as president of Visa’s value-added services business.

What they said: “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,” Visa’s Group President of Global Markets Oliver Jenkyn said.

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