APMEAAsia Pacific/Middle East/Africa (geographical region)
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Welcoming the appointment, President for MasterCard in APMEA, Vicky Bindra, said, "We are pleased to have Ram lead ECS, as his wide and varied expertise, gained over many years of dedicated service to the payments industry, will help drive processing innovations at ECS.
APMEA is a key region for Britain in terms of value, accounting for 28 per cent of total tourism spend, an amount that has grown considerably over the last few years (35 per cent growth since 2008).
We encourage the APMEA travel trade to take this great opportunity to work with us to bring more visitors to Britain and achieve business success.
Holy Wu, marketing vice-president for APMEA, Suntech, said: "As a tier-one leader based on market share and revenue, and number one manufacturer of crystalline silicon photovoltaic modules in the world, we are committed to providing the best-in-class solutions for residential, commercial, industrial, and utility applications.
As of 31 December 2011, 330 million MasterCard cards (excluding Maestro and Cirrus) had been issued by MasterCard customers in APMEA.
Summary: DUBAI - Global payments and technology company MasterCard on Sunday announced strong growth in the Asia Pacific, Middle East and Africa, or APMEA, region during the second quarter.
An online survey conducted by MasterCard revealed that in the fourth quarter of 2009 the UAE had the highest average online shopping spend in the APMEA region of $1,048 (Dh3,854.
As of March 31, nearly 248 million MasterCard cards, excluding Maestro and Cirrus, had been issued by customer financial institutions across APMEA.
Ian brings very broad geographical and functional expertise to this role having worked in Canada, Europe and APMEA in various finance and operations leadership positions.
The APMEA business unit comprises all of Fonterra s consumer operations across Australia, New Zealand, Asia, the Middle East and Africa.
He will also be responsible for key customer relationships across McDonald's APMEA (Asia Pacific, Middle East and Africa) and globally, and will be based in the company's Singapore office.
The APMEA region is the most vibrant for MasterCard in terms of the usage of MiGS, which processes what are commonly referred to as Card-Not-Present (CNP) transactions, including e-commerce, m-commerce, telephone and mail order transactions as well as electronic bill payments.