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Asia Pay Adds Former MasterCard Vice President Asia/Pacific to Board of Directors

Tuesday 18 May 2004 07:46 CET | News

Benny Lee has been appointed to the Asia Pay Board of Directors. Mr. Lee has extensive experience in senior marketing and operational positions with MasterCard International and American Express.

Mr. Lee joined Western Union Financial Services International in September 1994 as President - Asia Region, responsible for business development and agent network management in countries of the Pacific Rim. He expanded the Western Union network by signing the China Post Office as agent in China and Bank Internasional Indonesia and some others. Before joining Western Union, he served as President of Pacific Asia Group Ltd., a merchant bank with operations in Hong Kong, Thailand and Malaysia. Starting in 1983, as Vice President-International, Asia/Pacific, for MasterCard, Mr. Lee was responsible for the expansion of the MasterCard membership network in the Asia/Pacific region. Based in Hong Kong, he assisted many financial institutions in initiating MasterCard operations, including Bank of China when it introduced The Greatwall MasterCard, the first credit card in China. In 1990, Mr. Lee was transferred to Canada, where as Vice President-Canada Region, he opened the first MasterCard office in Toronto. Mr. Lee left MasterCard International Card and joined MBf Card Sdn. Bhd. as President, MBf Card International. He was responsible in setting up card centers in HK, PNG, Fiji, Vietnam and Myanmar and formulated local joint ventures in Taiwan, Thailand and other S.E. Asian countries. He left MBf and returned to Canada in 1994. Earlier in his career, Mr. Lee held various regional senior operation and costumer relations positions with American Express, first as Director-operations, Asia/Pacific, with American Express Reservations, and later with American Express Card Division for over 13 years. Mr. Lee left Western Union in 1996 and started up InterPay International Group Ltd. and has served as President with responsibility for business development and franchise management for InterPay around the world. He was elected as Executive Chairman and has held this position since 2002. Mr. Lee has also served on the Board of Directors of iSynergy Card and Payment Services, which is a MasterCard member in Malaysia and the largest loyalty card issuer in the country. InterPay Group is a shareholder and management company of iSynergy.


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Categories: Payments & Commerce | Payments General
Countries: World
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