JP Morgan’s commercial card unit has appointed Catherine Moore as head of international commercial card (ICC), covering markets in Europe, Middle East, Africa (EMEA), Asia-Pacific, and Latin America.
ICC provides corporate travel and entertainment cards, executive cards, purchasing cards, lodge/travel cards and single-use account solutions to thousands of private and public sector organisations around the world. At JP Morgan, the commercial card business is closely aligned with the Treasury Services business, which includes cash management and trade services, enabling a range of payment solutions for overall working capital management.
Moore will lead ICC as it addresses the requirements of multinational and regional firms that are expanding their footprint across the globe, consolidating their transactions to maximise efficiencies, and adopting a more holistic approach to procurement management.
This comes at a time when clients are looking for practical solutions to manage a diverse financial infrastructure, as well as requiring a combination of global reach and local in-country expertise to support finance and procurement initiatives in multiple markets. Additionally, the harmonisation of the European payments market, including cards, under the single euro payments area (SEPA), and the growth of the cards market in this region, is driving opportunities for increased efficiency in card programmes.
Moore has been leading JP Morgan’s international prepaid business for the last 12 months and, prior to joining the firm in 2010, was vice president, EMEA marketing and strategy at American Express global commercial card.
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