TSYS payment processor names new members of the its senior management group

Total System Services, Inc. also known as TSYS payment system has announced today the promotion of two team members to its senior management group. According to the company press release 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.

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.

TSYS  is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, debt management, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. 

Source: TSYS