Wachovia alum Ranjana Clark is now the EVP of global payments and global strategies for Western Union (Englewood, Colo.).
Clark replaces Royal Cole who will play an integral role in the transition of the payments business and completion of several strategic development projects before he leaves the company in the next few months.
"We look forward to accelerating the global expansion of our consumer-to-business payment offering. We are confident that Ranjana can apply her strategic and international expertise to build our global footprint in the important payments arena," said Christina A. Gold, president and CEO of Western Union, in a statement.
Clark was most recently chief marketing officer at Wachovia, where she developed a new kind of marketing department focused on innovation, building customer loyalty and acquisition, and brand development. During her almost 20 years at Wells Fargo and Wachovia, she has also served as head of the treasury services division, head of strategic planning and head of capital markets strategic development. Prior to that, Clark spent five years with Deutsche Bank in Mumbai.
Clark will join Western Union in late March and will be based in Englewood.