Western Union Business Solutions announce Mark Davis as Head of Australia and New Zealand

SYDNEY, 18 OCTOBER, 2016 - Mark Davis has been appointed as the new Head of Western Union Business Solutions in Australia and New Zealand.

Davis was formerly Managing Director and Asia Pacific Regional Business Head with Deutsche Bank in Hong Kong and Tokyo for ten years.  He was also a Board Director for Deutsche Securities Asia for three years.  Prior to this, he worked with JP Morgan and Citibank across Asia Pacific, the UK and Australia, and commenced his career with Bankers Trust Australia in Sydney.

Announcing Davis’ appointment, Regional Director of Asia Pacific, Middle East and India, Simon Glendenning said, “Mark is an experienced and highly regarded business leader, with a long and successful domestic and international career in banking and finance.  We are delighted to add such a well-respected business leader to head our operations in the Trans-Tasman region.

“With over 20 years in senior leadership and management positions, Mark’s addition to Western Union Business Solutions will help the strategic direction of the company in the region, which is rapidly changing as customers and businesses continue to adapt to technological advances.  He brings a wealth of knowledge and experience across diverse business lines, multiple markets and client segments.

Speaking on his appointment, Mr Davis said, “I am very pleased to be appointed Head of Western Union Business Solutions in Australia and New Zealand and looking forward to working with the talented Western Union team, and to the exciting challenges and opportunities ahead. 

“Australia and New Zealand financial services are dynamic and undergoing significant change with the integration of technology reshaping banking and finance, including cross-border payments, currency hedging and risk management.

“We’re focused on continuing to help our clients manage and navigate an increasingly complex environment of trade across sometimes multiple borders and financial jurisdictions.  Western Union has a long history and an outstanding culture and reputation, and is well positioned to continue to innovate, provide premier customer service and partner and provide solutions for our clients.”

Mr Davis assumed his new role in September 2016.

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About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of June 30, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2015, The Western Union Company completed 262 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 508 million business payments. For more information, visit www.westernunion.com.