Experienced payments executive Hemlata Narasimhan joins Elavon from Visa

DUBLIN/LONDON (August 17, 2022) – Elavon Merchant Services, one of Europe’s largest payments processors, has appointed Hemlata Narasimhan as its president in Europe.

Narasimhan joins at a time of explosive growth for e-commerce and digital payments, and as hospitality and travel sectors gain strength after the pandemic. She brings to Elavon a wealth of experience working in payments across European and North American markets.

“The payments landscape is changing rapidly, and Hemlata’s experience, strategic mindset and strong leadership will allow us to continue to position Elavon as a leader and innovator in our industry,” says Declan Lynch, Elavon Financial Services CEO.

“Having someone of Hemlata’s calibre leading Elavon Merchant Services Europe is incredible for us.”

Most recently, Narasimhan led the merchant and acquiring business for Visa in Europe, where she oversaw substantial growth in both employee numbers and local presence across several European markets. Narasimhan was also responsible for the growth in Europe of Cybersource – a payment platform acquired by Visa in 2010, and an Elavon partner.

Prior to Visa, Narasimhan spent almost seven years at American Express in New York and London, and had a successful career in management consulting with the Boston Consulting Group.

She was nominated as an Asian Woman of Achievement in Business in 2019.