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Visa Inc. : Appoints Marianne Mwaniki as Senior Vice President of Social Impact

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09/20/2018 | 11:03pm CEST

By a News Reporter-Staff News Editor at Investment Weekly News -- Visa Inc. (NYSE:V) announced that Marianne Mwaniki has joined the company as senior vice president of social impact, with responsibility for the company's comprehensive strategy in the areas of financial inclusion, financial literacy, corporate social responsibility and corporate giving programs.

In this new role, Ms. Mwaniki will also lead the Visa Foundation, which was established in 2017 to build on Visa's long history of corporate giving and to accelerate the delivery of the company's social impact goals by helping small and microenterprises thrive.

Prior to joining Visa, Ms. Mwaniki spent more than 20 years in the international banking sector, leading teams across Africa, Europe and Asia. In her previous role, she was managing director, individual clients Africa, at Standard Chartered, where she held a variety of positions encompassing both client value proposition design and financial solutions delivery. She also led the bank's sustainability strategy formulation and represented Standard Chartered in several government consultations, at United Nations conferences, in European Union working groups, as well as at general social impact and banking industry conferences.

"Marianne has a wonderful combination of strong global experience in the financial industry and a demonstrated passion for driving social change," said William Sheedy, executive vice president of corporate strategy, mergers & acquisitions and government relations at Visa. "Her leadership will advance Visa's commitment to strengthening communities, operating responsibly, and prioritizing the inclusiveness and growth of micro and small enterprises around the world."

Ms. Mwaniki is currently a board member of the British Chamber of Commerce Kenya. She is a founding member of the Africa Leadership Network and was recognized as one of Kenya's Top 40 under 40. Ms. Mwaniki holds a master's degree from the London School of Economics. About Visa Inc. Visa Inc. (NYSE: V) is the world's leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visacorporate.tumblr.com and @VisaNews. About the Visa Foundation The Visa Foundation, the philanthropic arm of Visa, works with charitable organizations to support underserved people and communities. As its central focus, the Visa Foundation is committed to helping low-income, financially underserved micro and small enterprises around the world to thrive and prosper. The Foundation, registered in the U.S. as a 501©(3) entity, also supports broader community needs as well as humanitarian responses in times of crisis. View source version on businesswire.com: https://www.businesswire.com/news/home/20180910005147/en/

Keywords for this news article include: Kenya, Business, Visa Inc, Financial Services Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

(c) 2018 NewsRx LLC, source Business Newsletters

Stocks mentioned in the article
ChangeLast1st jan.
STANDARD CHARTERED 2.87% 648.1 Delayed Quote.-19.24%
VISA 0.54% 150.05 Delayed Quote.30.89%
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09/12VISA : Appoints Marianne Mwaniki as Senior Vice President of Social Impact
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Financials ($)
Sales 2018 20 604 M
EBIT 2018 13 704 M
Net income 2018 10 305 M
Debt 2018 -
Yield 2018 0,56%
P/E ratio 2018 33,96
P/E ratio 2019 28,19
Capi. / Sales 2018 16,1x
Capi. / Sales 2019 14,5x
Capitalization 332 B
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Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 158 $
Spread / Average Target 5,9%
EPS Revisions
Alfred F. Kelly Chief Executive Officer & Director
Ryan McInerney President
Robert W. Matschullat Independent Chairman
Vasant M. Prabhu Chief Financial Officer & Executive Vice President
Rajat Taneja Executive Vice President-Technology
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