He will lead the organization responsible for bringing strategic value, business partnership and new innovation to the firm's major financial institution, retail, government and business clients.

"Chris' expertise and leadership experience helps us bring an unprecedented level of trust, partnership and collaboration to our key strategic clients, said Joe Plumeri, senior advisor to the CEO and head of client delivery, innovation and marketing for First Data. "Our main goal as we continue to transform First Data is to bring more value as a trusted advisor, partner and solutions provider to our clients in order to better help them grow their businesses," Plumeri added.

Foskett most recently was global head of sales for J.P. Morgan's Treasury Services business and regional executive of the Treasury Services business for North America. Foskett brings a wealth of experience from his 30-year career in financial services spanning a wide range of client-facing activities across corporate and investment banking and transaction services. Global Finance magazine has cited Chris as one the select bankers featured in their ranking of "Who's Who in Treasury and Cash.

Foskett joined J.P. Morgan in 2011. Before that, he spent 18 years at Citi in a number of key roles including global head of mergers and acquisitions, head of global sales for Transaction Services and global head of the Financial Institutions Group in the Corporate Bank.