Global media and internet firm Naspers has tapped Laurent Le Moal, former PayPal Europe VP, as the new global CEO of its payment services platform PayU. By Staff Writer
The world’s largest Payment Services Platforms, which is owned by Naspers, has operations in 16 countries
In his role as PayU CEO, Le Moal joins the Naspers management team to lead its payments business, reporting directly to Naspers’ Group CEO, Bob Van Dijk.
Laurent Le Moal will lead PayU’s strategy and growth, building on the company’s position in high growth markets around the world and developing payment solutions which meet the local market needs of both consumers and merchants.
Le Moal brings extensive knowledge of digital payments and emerging markets to PayU. He culminated an 11-year career at PayPal as VP for Continental Europe, Russia, Middle-East and Africa, leading the growth of its consumer franchise across diverse geographies.
“I have always been impressed with the PayU team and its track record in addressing the opportunities and challenges in the global and local digital payments sectors. I’m looking forward to working with the team to continue to position PayU as an industry leader in markets across the globe,” said Le Moal.
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