Visa Inc. Appoints Eduardo Coello to Leadership Role for the Latin America and Caribbean Region
July 31 2015 - 11:20AM
Business Wire
Coello to succeed Eduardo Eraña, who will
retire at year-end completing a 31-year career at Visa
Visa Inc. (NYSE: V) announced today that Eduardo Coello has been
appointed Group Executive of Visa Inc. for the Latin America and
Caribbean (LAC) region, effective September 1st. Coello, a 15-year
veteran of Visa, will be responsible for all of Visa’s operations
in the region including regional business development and client
relationship management with financial institutions, merchants, and
partners across 44 countries in LAC. Eduardo Coello will report to
Ryan McInerney, President of Visa Inc.
“I couldn’t be more pleased to see Eduardo Coello continue to
lead Visa’s growth for LAC,” said Eduardo Eraña, current Group
Executive for Visa Inc. LAC. “With his deep knowledge of the
region, strong client relationships, proven industry expertise, and
passion for innovation, he is the right leader to grow the business
and further extend Visa’s leadership position.”
Coello has served as Group Country Manager for the Greater Latin
America and Caribbean (GLAC) region, at Visa, since 2013. Prior to
this he held several leadership positions including Country Manager
for Visa’s Mexico operations. Coello will bring many strengths to
his new role with a proven track record in client management,
merchant relations and new business acquisition among other
achievements.
“These are exciting times for our business to continue expanding
in the Latin America and Caribbean region,” said Eduardo Coello.
“I’m honored to continue to drive Visa’s growth, deepen our client
partnerships, and take advantage of the many opportunities before
us. We have exciting plans to advance our innovation agenda, launch
new products and services and expand our financial inclusion
efforts, which will ensure Visa’s continued leadership in the
region well into the future.”
Born in Mexico City, Coello received his degree in Mechanical
Engineering from the Monterrey Technological Institute (ITESM) in
1987. He completed his Master’s Degree in Business Administration
at Instituto Panamericano de Alta Dirección de Empresa (IPADE) in
1997.
About Visa
Visa Inc. (NYSE: V) is a global payments technology company that
connects consumers, businesses, financial institutions, and
governments in more than 200 countries and territories to fast,
secure and reliable electronic payments. We operate one of the
world’s most advanced processing networks — VisaNet — that is
capable of handling more than 56,000 transaction messages a second,
with fraud protection for consumers and assured payment for
merchants. Visa is not a bank and does not issue cards, extend
credit or set rates and fees for consumers. Visa’s innovations,
however, enable its financial institution customers to offer
consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit
usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
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version on businesswire.com: http://www.businesswire.com/news/home/20150731005548/en/
Visa Inc., Latin America and CaribbeanJennifer McGowan, +1
305-328-1498jmcgowan@visa.com
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