First Data has ankled Ivo Distelbrink to lead its business in the Asia Pacific (APAC) region. Distelbrink will take over leadership for a region in which First Data has a more than 20 year history of offering innovative solutions catered to the APAC market. In 1995, First Data was one of the first non-Chinese companies to build a data center in mainland China. In India, First Data has a merchant acquiring and issuing relationship with one of the country’s leading banks.
First Data is a leading eCommerce and mobile technology provider, merchant acquirer, issuer processor, and ATM services provider to financial institutions and businesses across APAC, with operations in Australia, South Korea, India, China, Hong Kong, Singapore, Malaysia, Brunei and New Zealand. Since its entry into the region in 1992, First Data has expanded its footprint to serve clients in 19 APAC countries, including Indonesia, Thailand, Vietnam and the Philippines.
To address the diverse needs of issuers in APAC, First Data operates a VisionPLUS center of excellence that provides custom development and professional services to financial institution clients within the region.
Distelbrink joins First Data from Bank of America Merrill Lynch (BAML), where he most recently held the role of Managing Director and Regional Head of Global Transaction Services (GTS) for APAC.
Prior to joining BAML in 2010, Distelbrink spent 16 years with Citigroup holding various roles, including Managing Director and Regional Head of Treasury & Trade Solutions, GTS; Managing Director of GTS for China; CEO & Corporate Bank Head for New Zealand; and COO and Director of Strategic Planning for Global Corporate Banking in Brazil.
Distelbrink holds a business degree from Erasmus University’s Rotterdam School of Management and is fluent in Dutch, English, and Portuguese. He is married with three children.
Distelbrink will be based in Singapore and will also serve on First Data’s Management Committee.
For a complete archive of more than 70,000 articles published since 1995 search the CardFlash.com library.