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Visa Foundation Board Appoints Graham Macmillan as President of the Visa Foundation

The Associated Press

SAN FRANCISCO--(BUSINESS WIRE)--Jun 12, 2019--

Today Visa Inc. (NYSE:V) announced that Graham Macmillan has been appointed President of the Visa Foundation, effective June 24. In this role, Graham will develop and execute the Foundation’s impact investing and grantmaking strategy in support of its mission to help low-income and financially-underserved micro and small businesses around the world thrive and prosper. Mr. Macmillan will also oversee all of the Foundation’s activities addressing broader community needs and humanitarian crisis response.

Mr. Macmillan brings 20 years of experience leading purpose-driven work in the private and public sector with global institutions. He joins Visa from the Ford Foundation, where he was the Senior Program Officer for Mission Investments responsible for impact investment initiatives, a global philanthropic investment portfolio, and programmatic strategy. Prior to the Ford Foundation, Graham was Director of Corporate Citizen Partnerships at Citi, partnering with business units to build Citi’s reputation and contributions to economic progress. Graham takes over for Douglas Sabo, who served as the Foundation’s Founding President and continues as Visa Inc.’s Global Head of Corporate Responsibility and Sustainability.

“It is an honor to join Visa and be asked to serve as President of the Visa Foundation,” said Mr. Macmillan. “I have long-admired Visa's ability to drive social impact not just through its charitable contributions and employee engagement but through its business capabilities. In a rapidly changing world, global companies must consider and contribute to the needs of all their stakeholders and the Visa Foundation is an important part of how Visa will do that.”

“Graham’s leadership for the Visa Foundation will be critical to building scalable programs and making strategic investments that enable micro and small businesses to thrive,” said Marianne Mwaniki, Senior Vice President and Head of Social Impact, Visa and Vice Chairman, Visa Foundation. “Through this work, we have the incredible opportunity to create catalytic impact on the lives of millions of individuals around the world.”

Mr. Macmillan currently serves on the board of directors of Village Capital and ROC USA. Previously, he was a member of the executive committee of the Aspen Network for Development Entrepreneurs (ANDE) and a term member of the Council on Foreign Relations.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visavisa.com/blog  and @VisaNews.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190612005253/en/

CONTACT: Marni Goldberg

margoldb@visa.com

202-313-1253

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE FOUNDATION

SOURCE: Visa Inc.

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PUB: 06/12/2019 07:00 AM/DISC: 06/12/2019 07:00 AM

http://www.businesswire.com/news/home/20190612005253/en