PayPal taps Libby Roy to lead Australian team
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PayPal Australia has passed the managing director baton to an outsider by announcing former AMP corporate super director Libby Roy has taken the reins from Jeff Clementz who is returning to the US.
The changing of the guard comes at an important time for financial services and payments companies, which are awaiting the federal government’s response to the sweeping financial system inquiry.
Ms Roy, joined as a vice-president and head of Australia, and will also serve as an executive committee member in the PayPal Asia-Pacific leadership team, the company said in a statement. Mr Clementz will take up the new role of vice-president of compliance and operational excellence in global operations.
Questions & Answers
Q.What role has Libby Roy taken on at PayPal Australia?
What role has Libby Roy taken on at PayPal Australia?
Libby Roy has been appointed as the managing director of PayPal Australia. She will also serve as a vice-president and head of Australia, joining the PayPal Asia-Pacific leadership team's executive committee.
Q.Who was Libby Roy's predecessor at PayPal Australia?
Who was Libby Roy's predecessor at PayPal Australia?
Jeff Clementz was the previous managing director of PayPal Australia. He is returning to the US to take on a new role within the company as vice-president of compliance and operational excellence in global operations.
Q.What is the significance of this leadership change for PayPal Australia?
What is the significance of this leadership change for PayPal Australia?
This leadership change occurs during a crucial period for financial services and payments companies. They are currently awaiting the federal government's response to a significant financial system inquiry, which could impact operations.
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