Buse, who also joins Monitise's board of directors, will work alongside Alastair Lukies, CEO of Monitise plc, the London-based company announced June 4. Buse was previously a member of the Monitise board from July 2010 to October 2012.
Buse was most recently the executive vice president of Visa's global solutions group, a role she took in August 2013. It was the third executive job at Visa for Buse, who has been recognized as one of PaymentsSource's
She will head Monitise's day-to-day operations and Lukies will focus on relationships with partners, industry stakeholders and shareholders. Lee Cameron remains Monitise Group's chief commercial officer and deputy CEO.
"Monitise occupies a unique position in the global Mobile Money ecosystem as one of the few technology enablers with proven bank-grade solutions across banking, payments and commerce," Buse says in a press release. "I am enormously impressed by the Groups quality of products and services, the technology and, most of all, the people. I cannot see a better-placed business to take advantage of the Mobile Money opportunity and am delighted to be joining Monitise."
Monitise also appointed two non-executive directors to its board, Amanda Burton and Paulette Garafalo.
Monitise is granting Buse five million options over ordinary shares of 1p each in the company. The options have a 1p exercise price and vest at the end of three years if the average share price is at least 68 pence over the three-month period prior to vesting.
