Former Bank of England COO joins Visa
Written by Anthony Strzalek
Visa has appointed former Bank of England COO Charlotte Hogg as its new chief executive of European operations.
Hogg, who will commence work at the payments firm on October 1, will report to Visa’s CEO Al Kelly and Visa Europe board chairman, Gary Hoffman.
Hogg has more than 25 years of experience in roles that span financial services, bank operations and management consulting. She most recently worked for the Bank of England from 2013 to 2017. Prior to this she led retail distribution for Santander in the UK and previously worked at Experian as the managing director of UK and Irish operations.
Earlier in her career, Hogg was a managing director for strategy and planning at Morgan Stanley, and a management consultant at McKinsey & Company, based in the US. She graduated from the University of Oxford with a Bachelor of Arts degree.
Commenting on her appointment, Hogg said: “I'm honoured and thrilled to be joining Visa at this time. Across Europe, as well as globally, the developments in digital and payments provide new opportunities for consumers, financial institutions and merchants. It will be a privilege to work with colleagues across the globe to bring European clients the deep technological expertise and innovation for which Visa is known.”
Al Kelly, chief executive officer of Visa, added: “After an extensive search, we are very pleased to have Charlotte lead our team in Europe. Charlotte’s depth of experience and outstanding accomplishments in the European financial services market will be a great addition to our global management team.
“She will lead the effort to expand our merchant and financial institution relationships, and capitalise on the tremendous growth opportunity in the European region.”