J.P. Morgan Payments is appointing Ludovic Houri as its new co-head of EMEA payments and commerce solutions, according to a Wednesday (Nov. 16) press release emailed to PYMNTS.
Before coming to J.P. Morgan, Houri was the CEO of Dalenys, a Belgian payment platform, and vice president of product, payment and acquiring at Ingenico, which has since been acquired and resold by Worldline.
Houri has also managed acquiring and acceptance businesses at First Data (now Fiserv), where he acted as vice president, and American Express, where he was director of global network services.
Max Neukirchen, J.P. Morgan’s global head of payments and commerce solutions, express optimism for the future.
“Our EMEA franchise presents a significant growth opportunity for J.P. Morgan Payments, as we embark on multiple new paths to double our revenues in the region by 2026. Ludovic’s appointment is reinforcing the position of J.P. Morgan Payments in Europe for the merchant acquiring business, which is an area of excellence for us.”
He said that Ludovic will join Sara Castelhano in heading up the bank’s EMEA division’s payment and commerce-related operations.
“We are confident that under Ludovic and Sara’s strong leadership, we will accelerate to achieve our ambitions across the region,” Neukirchen added.
As regional co-heads, Houri and Castelhano will also oversee a number of international functions across J.P. Morgan Payments, including digital and global clearing.
The American bank has been doubling down on its EMEA payments business recently and just last week announced plans to open a new payment innovation lab in Greece.
The new office will boost the company’s growth in the country and will be the new location for its current Athens-based employees in J.P. Morgan’s Corporate & Investment Bank and Asset & Wealth Management businesses.
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