22 aug st online pay_pal eyes slice of physical payment pie
10 oct campaign asia pay_pal names vp for asia
1. Client : PayPal Country : Singapore
Publication : Campaign Asia
Date : 10 October 2012
Topic : PayPal hires Amex veteran Lawrence Chan in regional VP, GM roles
URL : http://www.campaignasia.com/Article/318455,paypal-hires-amex-veteran-
lawrence-chan-in-regional-vp-gm-roles.aspx
Visitorship : 228,450 (Site-wide)
By Sophie Chen on Oct 9, 2012 (22 hours ago)
filed under People, India
SINGAPORE – PayPal today announced the appointment of Lawrence Chan as vice-president of its
Asia-Pacific New Ventures organisation and general manager for Southeast Asia and India, effective
immediately.
Lawrence Chan joins PayPal
Based in Singapore, Chan replaces Brad Paterson, previous regional head of New Ventures, and Elias
Ghanem, former GM for Southeast Asia and India. Ghanem is now the general manager of PayPal
Middle East and North Africa.
In his new role reporting to Asia VP Rohan Mahadevan, he will lead the regional business strategy,
sales, partnerships and merchant adoption of PayPal’s payment innovations. He will also be
responsible for developing PayPal into an online and mobile payments leader, as well as expanding
the company’s geographic reach in the domestic and cross-border trade markets of Southeast Asia
and India.
Chan has over 17 years of financial services industry experience. Most recently, he was the senior
vice-president and general manager of Global Payment Option (Asia, Europe & Africa) at American
Express International, where he spent the last 10 years in various regional and international
leadership roles. He has also worked for global MNCs including American International Assurance,
Bank of America and Visa International.
2. Chan has extensive experience in developing new business models and payment products, forming
strategic partnerships with banks and payment networks, and engaging with regulators and
merchants in the largest commerce markets in the Asia-Pacific region, including Australia, China,
India and Japan.
“I’m excited to join PayPal at a time when new innovative online and mobile payment technologies
are revolutionising the way people shop and pay,” said Chan. “My passion has always been to
develop new market opportunities and game-changing products to allow Asian consumers and
merchants to connect in safer, more convenient ways.”