Business

Visa announces Nuno Lopes Alves as its new country manager in Brazil

He will replace Fernando Teles, whose departure was announced last week

Visa's logo
Visa's logo. Photo: REUTERS/Alessandro Bianchi/File Photo
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  • Before joining Visa, where he previously led the company’s new business area in Brazil, Alves worked at Accenture and Barclays;
  • He will now continue as a member of Visa’s Latin America and the Caribbean leadership team.

Digital payments giant Visa announced this Thursday Nuno Lopes Alves as the company’s new country manager in Brazil. Alves, who recently led Visa‘s initiatives in Andean countries, will replace Fernando Teles, whose departure was announced suddenly last week after five years in the job.

Before joining Visa, where he previously led the company’s new business area in Brazil, Alves worked at Accenture and Barclays. He will now continue as a member of Visa’s Latin America and the Caribbean leadership team.

READ ALSO: Is cash king? In Latin America, cash is in third place when it comes to payments in physical stores, says Visa

In a statement, Visa said it remains committed to developing the technology through open standards, API and cloud connections, artificial intelligence, and machine learning.

Visa do Brasil is essential to our overall growth as a company and a critical driver of our strategy in the Latin America and the Caribbean to help us meet the short – and long-term goals we have set,” said Eduardo Coello, regional president of Visa for Latin America and the Caribbean.

(Translated by LABS)

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