Digital payments company, PayPal Australia, has named Libby Roy as its new vice-president and managing director after Jeff Clementz stepped down from the position. Clementz gave up the role after serving as vice-president and managing director for three years.
But he will still remain at PayPal, as he’s been promoted to a new position in the US branch of the company. Specifically, he returns to the US to take on the PayPal vice-president of compliance operational excellence in global operations title.
Roy’s responsibilities will come into effect from March 26, following Clementz’s departure. Prior to taking on this stint with PayPal Australia, she served as corporate Super director at AMP. She held that position for a little over two years.
Before that, she was the financial planning general manager at a retail distribution company, ipac. She’s also had experience working at American Express across a number of roles that includes the Asia-Pacific vice-president and general manager of global business travel title.
According to PayPal Asia-Pacific general manager, Rohan Mahadevan, Roy’s previous work experience would support the company’s growth plans. It aims to do this through the strengthening of its focus on merchants and consumers.
"Alongside her deep knowledge of technological and digital disruptions, her stakeholder management skills and ability to build strong leadership teams will be valuable as she leads the local team to drive the continued growth of our Australia business.
“She will play a critical role in identifying new opportunities and further entrenching PayPal as [one of] the leading mobile and online payment service in Australia,” Mahadevan added.