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Visa announces senior leadership changes in Asia Pacific

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Visa, the world’s leader in digital payments, announced two senior leadership changes in the Asia Pacific region, with Chris Clark elevated from Regional President to Chairman, Asia Pacific, and Stephen Karpin named as his successor as Regional President, Asia Pacific. Both changes are effective 1 April 2023.

Clark said: “Over the last ten years as Regional President for Visa Asia Pacific, I have been committed to expanding the reach of electronic payments and growing our business by forging strong client and partner relationships, driving digital innovation in the regional payments ecosystem and building new partnerships with established and start-up fintechs, all supported by an amazing team of great payments professionals. I am excited to step into this new role, and I know that Stephen is the right person to drive strong growth for the business of all our clients and partners.”

In the role of Chairman, Asia Pacific, Clark will support regional and global initiatives, including strategic engagements with government and industry stakeholders, drive Visa’s market expansion strategy and continue his role as a non-executive director of the Visa Europe Board.

Karpin said: “In his 20-year career at Visa, Chris has shown exemplary leadership, more than doubling the size of our Asia Pacific business.  In addition to his expansive business aptitude, Chris is known for his deep commitment to our clients and teams across our markets. I look forward to following the path he has set, continuing to work closely with our clients and partners, expanding our relationships and ensuring that Visa Asia Pacific remains among the best places to work and achieve.”

As Regional President, Karpin will be responsible for the full business operations, client management and go-to-market plans for the region, based in Visa’s Regional Headquarters in Singapore.

Karpin has a deep background in the payments industry and knowledge of Asia Pacific markets, beginning his career at Visa in 2014 as Group Country Manager Australia, New Zealand & South Pacific. In 2017 he was appointed as Group Country Manager, Regional Southeast Asia, and since 2019 he has served as Country Manager, Japan, Visa’s largest Asia Pacific market. Previously, he spent 17 years in senior roles at Commonwealth Bank and Westpac in Australia and at Citibank in Australia, Singapore and Japan.



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Death toll rises to 607, missing persons reduce to 214 at 1800hrs today (5)

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The situation report issued by the Disaster Management Centre at 1800hrs today (5th December) confirms that 607 persons have died due to the adverse weather conditions while the number of missing persons has reduced to 214.

The number of persons affected topped the 2 million mark (2,082,195).

 

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Sri Lanka Navy takes delivery of Ex-USCGC DECISIVE

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The Sri Lanka Navy (SLN) formally took delivery of the EX- United States Coast Guard Cutter, USCGC DECISIVE, provided by the United States to SLN, at a ceremony held at the United
States Coast Guard Yard in Baltimore on 02 Dec 25. The event was also attended by the Commander of the Navy, Vice Admiral Kanchana Banagoda.

The ship formally joined the SLN fleet on 02 December under the pennant number P 628 and the main mast of the ship will fly the National Flag effective from that date.

Aiming to strengthen and develop partnerships to overcome common challenges in the maritime domain, the U.S. Coast Guard has previously provided 03 ships to SLN and they are currently patrolling island waters under the names of ‘Samudura’ (P 621), ‘Gajabahu’(P 626), and ‘Vijayabahu’ (P 627).

As an extension of partnership ties that bring value to each other’s services, Ex-USCGC DECISIVE was transferred as the fourth ship to be handed to SLN.

Ex-USCGC DECISIVE, a ‘B-Type Reliance Class 210-foot Cutter’, measures 64m in length, and having endurance of 6000 NM at cruising speed. Further, she has been designed for a
crew of 100 and is equipped with weapons and machinery.

The ship which was used by the U.S. Coast Guard has rendered exceptional service during her tenure by curbing illegal activities, including smuggling of narcotics in U.S. waters.

Sri Lanka inherits an Exclusive Economic Zone (EEZ) that is seven times larger than the landmass. In such a backdrop, the Navy is determined to deploy this vessel in wide-ranging
operations that include the conservation of marine resources in the region and the search and rescue of naval and fishing communities in distress. Thereby, the Navy will be able to utilize
this vessel efficiently in the future to achieve the national aspiration, while ensuring safe and secure seas for all economic affairs.

The formal handing over – taking over ceremony was also distinguished by the presence of the Deputy Chief Acquisition Officer and Director of Domain & Integration Services U.S. Coast
Guard,  James L. Knight, Deputy Assistant Secretary of War for South and Southeast Asia, Dr. Andrew Byers, the Ambassador of Sri Lanka to the United States, Mahinda Samarasinghe, Commanding Officer designate of P 628, Captain Gayan Wickramasuriya as well as a group of officials from the Embassy of Sri Lanka in United States and the State Department
of the United State

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486 dead, 341 missing, 171,778 displaced as at 0600hrs today [05]

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The situation report issued by the Disaster Management Center at 0600hrs today [5th December] confirms that 486 persons have died and another 341 persons are missing after the devastating weather conditions in the past week.

171,778 persons have been displaced and have taken refuge at 1,231 safety centers established by the government.

 

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