First Data Taps Ivo Distelbrink to Lead Asia Pacific Region
August 17 2016 - 07:00PM
Business Wire
Global Banking Leader Will Join First Data
Management Committee
First Data, a global leader in commerce-enabling technology and
solutions, announced today that Ivo Distelbrink will join the
company to lead its business in the Asia Pacific (APAC) region.
Reporting to Chairman and CEO Frank Bisignano, Distelbrink will be
based in Singapore and will also serve on First Data’s Management
Committee.
“I am delighted to welcome Ivo to the First Data team as he
prepares to lead our business in APAC, where we see significant
growth opportunities for First Data,” said Bisignano. “With more
than 20 years of global banking experience, coupled with extensive
regional knowledge, Ivo is the right leader to take advantage of
emerging industry trends in APAC, including the continued shift to
eCommerce and mobile payments.”
First Data is a leading eCommerce and mobile technology
provider, merchant acquirer, issuer processor, and ATM services
provider to financial institutions and businesses across APAC, with
operations in Australia, South Korea, India, China, Hong Kong,
Singapore, Malaysia, Brunei and New Zealand. Since its entry into
the region in 1992, First Data has expanded its footprint to serve
clients in 19 APAC countries, including Indonesia, Thailand,
Vietnam and the Philippines.
Distelbrink will take over leadership for a region in which
First Data has a more than 20 year history of offering innovative
solutions catered to the APAC market. In 1995, First Data was one
of the first non-Chinese companies to build a data center in
mainland China. In India, First Data has a merchant acquiring and
issuing relationship with one of the country’s leading banks. To
address the diverse needs of issuers in APAC, First Data operates a
VisionPLUS center of excellence that provides custom development
and professional services to financial institution clients within
the region.
Distelbrink joins First Data from Bank of America Merrill Lynch
(BAML), where he most recently held the role of Managing Director
and Regional Head of Global Transaction Services (GTS) for APAC.
Prior to joining BAML in 2010, Distelbrink spent 16 years with
Citigroup holding various roles, including Managing Director and
Regional Head of Treasury & Trade Solutions, GTS; Managing
Director of GTS for China; CEO & Corporate Bank Head for New
Zealand; and COO and Director of Strategic Planning for Global
Corporate Banking in Brazil.
“Having spent much of my career in APAC, I see enormous
potential for First Data to further establish itself as a leading
commerce enabler in the region, as well as expand its client base,”
said Distelbrink. “I am excited to join First Data and build upon
the company’s transformation that Frank and the Management
Committee have driven in recent years.”
Distelbrink holds a business degree from Erasmus University’s
Rotterdam School of Management and is fluent in Dutch, English, and
Portuguese. He is married with three children.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million
business locations and 4,000 financial institutions in 118
countries around the world. The company’s 24,000 owner-associates
are dedicated to helping companies, from start-ups to the world’s
largest corporations, conduct commerce every day by securing and
processing more than 2,500 transactions per second and $1.9
trillion per year.
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Media ContactFirst DataLiidia
Liuksila212-515-0174Liidia.Liuksila@FirstData.com
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