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PayPal appoints former AMEX exec Lawrence Chan as VP APAC and GM SE Asia, India

PayPal has announced the appointment of
Lawrence Chan as Vice President for its Asia Pacific New Ventures organization
as well as general manager for PayPal’s Southeast Asia and India business,
effective immediately. Prior to joining PayPal, he spent 10 years at American

PayPal has announced the appointment of
Lawrence Chan as Vice President for its Asia Pacific New Ventures organization
as well as general manager for PayPal’s Southeast Asia and India business,
effective immediately. Prior to joining PayPal, he spent 10 years at American
Express International in various regional and international leadership roles,
most recently, as the Senior Vice President and General Manager of Global
Payment Option (Asia, Europe & Africa).

Based in Singapore, Chan will lead the
regional business strategy, sales, partnerships and merchant adoption of
PayPal’s newest payment innovations to transform commerce, from mobile to
digital goods to PayPal.

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 exciting, fast-growing domestic and
cross-border trade markets of Southeast Asia and India.  Chan will report to PayPal’s Vice President of
Asia, Rohan Mahadevan.

Chan brings over 17 years of financial
services industry experience to PayPal, having worked for global MNCs including
American Express International, American International Assurance, Bank of
America, and Visa International.

“Lawrence is an excellent addition to
our Asia management team with his deep regional expertise in financial
services, his strong understanding of Asian commerce markets and a proven track
record of successfully leading and growing innovative payment businesses across
the region.  As a senior industry leader
in Asia, he has a diverse portfolio of general management experience to
successfully navigate local business practices and regulatory environments as
well as attract and build winning teams to drive the future of commerce across
the region,” said Rohan Mahadevan.

“I’m excited to join PayPal at a time when
new innovative online and mobile payment technologies are revolutionizing the
way people shop and pay across the Asia Pacific region. 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. I
believe that PayPal is uniquely positioned to drive this new era of
multi-channel commerce in Asia and the world,” commented Lawrence Chan.

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