MasterCard Worldwide has promoted Rob Reeg to president of MasterCard Global Technology and Operations (GTO), a position he has held on an interim basis since January 2008. Reeg succeeds Roy Dunbar, who left to become chief executive officer of a company outside the payments industry. Previously at MasterCard, Reeg was chief technology officer, responsible for computer operations, network engineering, technology architecture, database management, program management, information security and software testing and quality. Prior to that, Reeg held senior IT and business positions at Sprint, Cleveland Pneumatic, Totco, and Conoco.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.