Visa will soon have a new CEO.
The company said in a press release that Ryan McInerney, its president, will succeed Alfred Kelly on Feb. 1. Kelly, who has been CEO since 2016, will remain chairman.
“I cannot think of a finer leader to continue to position Visa at the center of money movement in increasingly innovative ways,” Kelly said in the release.
“Ryan has boundless energy and passion for this business and in his role as president, and as my close partner for the past six years, he has become intimately familiar with how Visa operates and the exciting opportunities this industry presents,” Kelly added.
“We are extremely grateful for Al’s leadership over the past six years. His deep industry expertise and eye for the future have positioned Visa as a leader in payments in an evolving and increasingly challenging external environment,” John Lundgren, Visa’s lead independent director, said in the release.
“Ryan’s appointment reflects the Board’s very well-established and thoughtful succession plan. Visa’s success will continue to accelerate with Ryan assuming this new role,” Lundgren added. “He is an experienced leader who has played an integral role in Visa’s growth and innovation. We look forward to continuing to work with him.”
Separately, Nasreen Quibria disclosed on her LinkedIn profile that she has joined Visa as its head of cross-border policy engagement. She is a senior adviser for NACHA and former vice president of emerging payments and technology policy at the Independent Community Bankers of America.