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First Data names country manager for India

  • 04 January, 2006 15:18

<p>For Immediate Release</p>
<p>First Data names country manager for India
Marks First Data’s official presence in India for card and payment related services</p>
<p>Sydney, 4 January - Electronic commerce and payments leader, First Data Corp. (NYSE:FDC), has named B. Amrish Rau as its first country manager for its international operations in India.</p>
<p>Reporting to Grant Lines, senior vice president, South Asia Business Development, Mr. Rau will be responsible for developing and implementing First Data International’s strategy. His focus will be on building First Data’s card and payment services business in India with an initial emphasis on its VisionPLUS® and merchant alliance programs.</p>
<p>“India is an important market for First Data and requires outstanding leadership to help meet and exceed its goals for the region,” said Greg Nash, managing director, Australia, New Zealand and South Asia.</p>
<p>“Amrish’s extensive experience in the IT, communication and financial services industries, combined with his previous success in building business in the Indian marketplace make him ideally suited for the role,” he continued.</p>
<p>“This is an exciting opportunity to join First Data and to lead its new operation in my own country. Given my background in customer relationship management, electronic commerce and self service banking solutions, I am particularly looking forward to building First Data’s presence in India,” Mr. Rau said.</p>
<p>First Data’s operations in India will initially be co-located with Western Union in its Mumbai office. Western Union, part of First Data, has a well-established presence in India with more than 20 banking alliances, together with a strategic partnership with India Post.</p>
<p>“We are delighted to be part of First Data’s success around the globe “said Anil Kapur, regional vice president, Western Union South Asia. “It is a significant step to have a dedicated country manager to meet the dynamic demands of the one of the world’s fastest growing economies for electronic commerce and payments.</p>
<p>Prior to joining First Data, Mr. Rau was general manager of the Teradata division of NCR Corporation India, where he led the CRM and Data Warehouse Solution Group. Before NCR, he worked in the financial services division of Siemens Nixdorf Information Systems addressing the technology requirements of Indian banks.</p>
<p>Ends</p>
<p>About First Data</p>
<p>First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses and consumers worldwide. Serving 4.1 million merchant locations, 1,500 card issuers and millions of consumers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company’s portfolio of services and solutions includes credit, debit, private-label, smart and stored-value card issuing and merchant transaction processing services; money transfer services; money orders; fraud protection and authentication solutions; check guarantee and verification services through TeleCheck; as well as Internet commerce and mobile solutions. Western Union and its subsidiary, Orlandi Valuta, together make up one of the world’s largest money transfer networks with approximately 250,000 Agent locations in more than 200 countries and territories. The company’s STAR Network offers PIN-secured debit acceptance at approximately 1.7 million ATM and retail locations. For more information, visit www.firstdata.com.</p>

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