Market News

US payments firm Visa taps Kenyan banker for top job

American digital payments company Visa Inc has tapped former Standard Chartered #ticker:SCBK boss Marianne Mwaniki as senior vice president of social impact.

She will be in charge of strategy in the areas of financial inclusion, literacy and corporate social responsibility.

The California headquartered firm said in her new role, Ms Mwaniki will also lead the Visa Foundation, which was established in 2017 “to build on Visa’s long history of corporate giving and to accelerate the delivery of the company’s social impact goals by helping small and microenterprises thrive”.

“Her leadership will advance Visa’s commitment to strengthening communities, operating responsibly, and prioritising the inclusiveness and growth of micro and small enterprises around the world,” the firm said in a statement.

The London School of Economics-trained executive is a banking veteran having spent more than 20 years in the international banking sector, leading teams across Africa, Europe and Asia.


In her previous role, she was managing director, individual clients Africa, at Standard Chartered, where she led dockets charged with “client value proposition design, financial solutions delivery and the bank’s sustainability strategy formulation”.

“Marianne has a wonderful combination of strong global experience in the financial industry and a demonstrated passion for driving social change,” said Mr William Sheedy, executive vice president of corporate strategy, mergers and acquisitions and government relations at Visa.

Ms Mwaniki is currently a board member of the British Chamber of Commerce Kenya. She is a founding member of the Africa Leadership Network and was recently recognised by the Business Daily as one of Kenya’s Top 40 under 40.