By Michael Dabaie
American Express Co. Wednesday named Douglas Buckminster and Jeffrey Campbell co-vice chairmen.
Mr. Campbell will maintain his position as chief financial officer, which he has held since 2013, and Mr. Buckminster will continue to lead the Global Consumer Services Group.
The payments company named Raymond Joabar as group president, Global Merchant and Network Services and Anna Marrs group president, Global Commercial Services and Credit and Fraud Risk.
Anre Williams was appointed to the newly created role of CEO, American Express National Bank and group president, Enterprise Services.
American Express named Mohammed Badi as president of Global Network Services and David Nigro as chief risk officer.
Mr. Buckminster "will be taking on responsibility for the Strategic Partnerships team under Glenda McNeal and the Corporate Development group, which includes Amex Ventures, under Lisa Marchese in addition to leading the ongoing evolution of our global consumer business," American Express said.
The appointments "are designed to create synergies between business areas and functions to drive growth and enhance our competitive position, as well as continue to strengthen the depth of our leadership bench," the company said.
Mr. Campbell's appointment "recognizes the importance of his ongoing guidance in continuing our progress to accelerate our growth momentum," the company said. "Looking ahead, Jeff and the Finance team will play an increasingly pivotal role in developing and driving our strategy for delivering consistent growth over the long term."
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(END) Dow Jones Newswires