Visa (NYSE:V) announced today that it has appointed Antony Cahill as the new Regional President and Chief Executive Officer for its European operations, subject to regulatory approval.

A longtime banking executive and Visa veteran, Mr. Cahill will replace Charlotte Hogg, who is leaving Visa after eight years to pursue a new external opportunity. Mr. Cahill will be based in London and is expected to transition to his new role in early June.

Since 2023, Mr. Cahill has served as President of Value-Added Services (VAS), responsible for designing, developing and delivering a global portfolio of 200+ products and solutions that power client growth and business performance. He initially joined Visa in 2018 as Managing Director for Visa Europe and later became Deputy Chief Executive Officer for the region, where he oversaw all of Visa’s client relationships across 38 European markets.

Prior to joining Visa, Mr. Cahill served as Chief Operating Officer at National Australia Bank (NAB) where he spent eight years in senior roles. Earlier in his career Mr. Cahill spent 12 years at Australia and New Zealand Banking Group (ANZ).

“We are grateful to Charlotte for all she has done to advance our business in Europe,” said Visa CEO Ryan McInerney. “With Antony’s experience in the region, deep understanding of the diversity and complexity of our markets and strong relationships with our partners, he is uniquely qualified to lead Visa Europe.”