Ingenico makes management board appointments

Patrice Le Marre, who was previously managing Production & R&D will now head the Asia Pacific Region, including the operational management of China. Patrice will be based in Singapore and will be responsible of the acceleration of Group development in this region.

Michel Léger, former head of the EEMEA Region, will be responsible for R&D and Technology. The combination of these technical activities will reinforce both Group innovation capabilities and the development of payment solutions, from hardware to transaction services.

Jacques Behr, formerly head of Big Accounts, will now be in charge of EEMEA, a Region where the recovery of Ingenico's business was confirmed in 2011, based on sustained sales growth in Russia, the Middle East and Africa.

Patrice Durand, joins Ingenico today to be responsible for Finance and Operations, covering Finance, Legal, M&A, IT, industrial operations and Quality & Security. Patrice brings to the Group his expertise of administration, finance and management of support and resources directions, together with a strong knowledge of banking and payments.

The overall organization project has been presented to the Ingenico Unions representatives.

Philippe Lazare, CEO of Ingenico, stated: I am very pleased with the new appointments of Patrice Le Marre, Michel Léger and Jacques Behr who have notably contributed to the success of the Group. In addition, I welcome Patrice Durand in charge of Finance and Operations and I am convinced that his expertise will be a major asset for us ».

Patrice Durand , 58 years old graduated form Ecole Polytechnique and Ecole Nationale d'Administration. After a career within the French administration notably within the Ministry of Finance, he had various general management responsibilities with Air France, Crédit Lyonnais, and Crédit Agricole. Patrice was previously Senior Vice President Finance and Administration at Thalès.