Visa Promotes Exec VP To Chief Administrator

Visa International said it has promoted Raymond Barnes to group executive and chief administrative officer. Mr. Barnes, 50, joined Visa a year ago as executive vice president and chief risk and administrative officer.

Visa said Mr. Barnes assumes increased responsibility for the company's financial, corporate relations, and human resources area, in addition to his risk management activities.

He joined Visa in 1992, serving as chief financial and administrative officer for Visa's Europe, Middle East, and Africa region.

He will work at Visa headquarters near San Francisco.

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