TSYS has promoted two team members to its senior management group. Jim Cosgrove has been promoted to treasurer and group executive of finance, and David Duncan has been promoted to group executive for China and Southeast Asia. Cosgrove is based out of the company’s headquarters in Columbus, Georgia, US, and Duncan is based in Shanghai, China, as part of TSYS Global Services.
Jim Cosgrove will serve as treasurer and group executive of finance for the company. He joined TSYS as part of its finance division as assistant treasurer in August 2005 and was instrumental in the company’s spin-off from its former parent company, Synovus Financial Corp., in 2007.
David Duncan is now group executive for China and Southeast Asia within Global Services. In this role, he is responsible for TSYS China and CUP Data, along with the support of existing clients in the region.
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.