Visa (NYSE: V) today announced that it has appointed Andrew Torre, a 20 -year veteran Visa, as president of the added service value (VAS).
Mr Torre will replace Antony Cahill, who has recently been named Regional Chairman and CEO of Visa’s European businesses, without prejudice to the approval of regulatory regulation. Mr Torre will report to Visa Managing Director Ryan McINERNEY and will participate in the world leadership team of the company. He will be based in San Francisco and take this role immediately.
In his new role, Mr. Torre will be responsible for the design, development and delivery of the Visa Vas portfolio of products and solutions.
Since 2018, Mr Torre has served as Visa Regional President for Central Eastern Europe, the Middle East and Africa (Cemea).
Mr Torre initially joined Visa in 2002 in San Francisco, where he held global roles in products, strategy and pricing. He became Visa Group Manager in Russia in 2013 and later served as director of the country’s country for sub -Saharan Africa before taking on his role leading Cemea. Earlier in his career, Mr Torre spent 12 years in the banking industry.
An internal search has begun to replace Mr Torre and the company expects to call his successor soon.