ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Western Union President and CEO, Hikmet Ersek, today, was recognized by
Business Insider Malaysia, as one of the top ten executives who are
transforming the fintech industry.
The list, which identifies executives who are shaping the way money is
sent, ranked Hikmet Ersek second. Speaking to Ersek’s global leadership
and business contributions to the company and industry, the Business
Insider list is quoted saying:
“As the President and CEO of Western Union since 2010, Hikmet Ersek
is one of the most powerful people in remittances. He’s a Fortune
500-ranked global leader, which means his decisions have a big influence
on cross-border money transfer services. That’s why he’s frequently
featured in the media speaking on economic and social topics like
globalization, migration, transformation and digital payments, and why
he’s a recurring speaker at the World Economic Forum and the Clinton
Global Initiative. At Davos this year, he identified mobility, growth,
opportunity, and education as the key themes the industry needs to
address this year.
Ersek has both grown and diversified WU, adding more than 500,000
agent locations, expanding into electronic and mobile channels, adding
business payments, and broadening financial services.”
In 2014, The Western Union Company (NYSE: WU) completed 255 million
consumer-to-consumer transactions worldwide, moving $85 billion of
principal between consumers, and 484 million business payments.
The Business Insider recognition is the outgrowth of Western Union’s
global transformational strategy and plans for innovation. In response
to the recognition, Western Union President and CEO, Hikmet Ersek,
said:
“In a global marketplace, where convenience and trust mean everything to
consumers and businesses, Western Union continues to build upon its
strengths – connecting the digital and physical worlds – through an
extensive network of more than 500,000 agent locations in 200 countries
and territories, 100,000 ATMs and kiosks, digital, WesternUnion.com and
SME payment platforms.
“These attributes, along with our compliance and regulatory capabilities
allow Western Union to operate in a complex, multi-jurisdictional
environment.
“It is an honor to be included in the Business Insider list,” concluded
Ersek.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western Union
provides consumers and businesses with fast, reliable and convenient
ways to send and receive money around the world, to send payments and to
purchase money orders. As of March 31, 2015, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined network
of over 500,000 agent locations in 200 countries and territories and
over 100,000 ATMs and kiosks. In 2014, The Western Union Company
completed 255 million consumer-to-consumer transactions worldwide,
moving $85 billion of principal between consumers, and 484 million
business payments. For more information, visit www.westernunion.com.
About Business Insider Malaysia
Business Insider Malaysia is the Malaysian edition of the world’s
fastest-growing business and technology news website. Targeted at
aspiring professionals and inspirational business leaders, Business
Insider Malaysia features the latest technology, money and markets news,
along with ideas to inspire executives and high-end lifestyle features.
It is operated by REVAsia, the exclusive licensee for Business Insider
in Malaysia, Singapore and Indonesia.
Headquartered in Kuala Lumpur, and formed in October 2013, REVAsia is
Malaysia’s leading digital media group, owning and operating top
authority brands with an extensive distribution platform that is able to
reach a total reach of approximately 14 million people each month.
Among REVAsia brands are JUICE, Hanger, The Guide, Stuff, Electronic
Lifestyle, Clive, Total Film, Fairways, Mint, Prestige, Prestige Top 40
Under 40, Adore, IDEAS, Idaman, HomePride, Kitchen+Bathroom and
Starlight Cinema. REVAsia is also owner of crowd-sourced content
broadcasting platform, SAYS.com, Klips and 8Share.
WU-G
View source version on businesswire.com: http://www.businesswire.com/news/home/20150714006705/en/
Source: Western Union