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
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Western Union Media Contact:Dan Díaz, +1
720-332-5564daniel.diaz@WesternUnion.com
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