Naspers’ payment services platform PayU announced the appointment of Laurent Le Moal as its new global CEO. In his role Le Moal will join the Naspers management team to lead its payments business, reporting directly to Bob Van Dijk, Group CEO, Naspers.
Speaking on the appointment, Dijk said: “Laurent’s impressive entrepreneurial and business development experience leading multiple teams in diverse global markets is a perfect fit for Naspers and PayU. His understanding of digital payments in markets with long-term growth potential is a great asset to the PayU team and we are delighted to welcome him to the Group.”
Le Moal brings extensive knowledge of digital payments and emerging markets to PayU. He culminated an 11-year career at PayPal as VP for Continental Europe, Russia, Middle-East and Africa, leading the growth of its consumer franchise across diverse geographies.
“I have always been impressed with the PayU team and its track record in addressing the opportunities and challenges in the global and local digital payments sectors. I’m looking forward to working with the team to continue to position PayU as an industry leader in markets across the globe,” expressed Laurent Le Moal.
He will lead PayU’s strategy and growth, building on the company’s position in high growth markets around the world and developing payment solutions which meet the local market needs of both consumers and merchants.