MasterCard Worldwide has named Michael Manchisi as its new chief technology officer (CTO). Manchisi succeeds Rob Reeg who was named president, global technology and operations (GTO) last month after holding the position on a temporary basis since January. In his new role, Manchisi will be responsible for computer infrastructure and operations, network engineering, customer support, processing systems and service definition and customer technology relationship management. He has been with MasterCard for 21 years, most recently as group executive, strategic account management, overseeing GTO partnerships with the company’s customers and internal business partners.
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.