SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. announced today that Vasant Prabhu, Executive Vice President, Chief Financial Officer and member of the Executive Committee, will take on the added title of Vice Chairman for the global payments technology company.
As part of his expanded role, Prabhu will take an active role in representing Visa at payments industry forums and serving as a valuable voice with key constituents on business issues of strategic importance to Visa and its clients. Additionally, he will provide strategic counsel on major initiatives and geographies important to Visa’s future growth.
“I have extraordinary respect for Vasant,” said Al Kelly, Visa CEO. “He is a strong strategist with a deep knowledge of our business, and is very well regarded in the industry. This expanded role will enable us to leverage his expertise in new and meaningful ways.”
Prior to joining Visa, Prabhu worked at NBCUniversal Media, LLC, as Chief Financial Officer, overseeing the company’s finance function as well as the operations and technical services division. Prior to joining NBCUniversal in 2014, Prabhu served as the chief financial officer for Starwood Hotels & Resorts Worldwide, Inc. since 2004.
In 2010, Prabhu was named Vice Chairman of Starwood. At Starwood, he was responsible for all financial functions, information technology and a range of corporate functions. He also served as Executive Vice President and Chief Financial Officer for Safeway Inc., and held senior leadership roles at The McGraw-Hill Companies, Inc., PepsiCo, Inc. and Booz, Allen & Hamilton. Prabhu holds a B.S. in Engineering from the Indian Institute of Technology and an MBA from the University of Chicago.
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.