Visa Names Bank Of England Executive To Head European Operations

Payments processor Visa announced Thursday (Sept. 7)  it has named Charlotte Hogg as the new executive vice president and chief executive officer of its European operations.

In a press release, Visa said the appointment will be effective October 1 and noted Hogg will report to Visa’s chief executive officer, Al Kelly, and Visa Europe Limited (VEL) board chairman, Gary Hoffman. Hogg will join the VEL board of directors and will also serve as a member of Visa’s global executive committee.

“After an extensive search, we are very pleased to have Charlotte lead our team in Europe,” said Al Kelly, chief executive officer of Visa, in the press release. “Charlotte’s depth of experience and outstanding accomplishments in the European financial services market will be a great addition to our global management team. She will lead the effort to expand our merchant and financial institution relationships, and capitalize on the tremendous growth opportunity in the European region.”

According to Visa Hogg brings more than 25 years of experience to the company through roles that span financial services, bank operations and management consulting. She most recently served as chief operating officer for the Bank of England from 2013 to 2017. Prior to that role, Hogg led retail distribution for Santander in the U.K. and previously worked at Experian as the managing director of U.K. and Irish operations, Visa noted in the press release.

“I’m honored and thrilled to be joining Visa at this time,” Hogg said in the same news release. “Across Europe, as well as globally, the developments in digital and payments provide new opportunities for consumers, financial institutions and merchants. It will be a privilege to work with colleagues across the globe to bring European clients the deep technological expertise and innovation for which Visa is known.”