Tsys today announced the promotion of two team members to its senior management group.
Jim Cosgrove has been promoted to treasurer and group executive of finance, and David Duncan has been promoted to group executive for China and Southeast Asia. Cosgrove is based out of the company's headquarters in Columbus, Ga., and Duncan is based in Shanghai, China, as part of TSYS Global Services.
"We have taken notice of these two team members because of their strong work ethic and professional talents, which far surpass the status quo," said M. Troy Woods, president and chief operating officer of TSYS. "We value the wealth of experience that each brings to our company and could not be more pleased to welcome them to our leadership ranks."
Jim Cosgrove will serve as treasurer and group executive of finance for the company. He joined TSYS as part of its finance division as assistant treasurer in August of 2005 and was instrumental in the company's spin-off from its former parent company, Synovus Financial Corp., in 2007. Cosgrove also played a pivotal role in TSYS stock being included as a member of the prestigious S&P 500 stock index.
David Duncan is now group executive for China and Southeast Asia within Global Services. In this role, he is responsible for TSYS China and CUP Data, along with the support of existing clients in the region. Duncan's leadership in China has allowed TSYS to establish itself at the heart of the Chinese payments infrastructure through its relationship with China Union Pay.