Ms Yue’s role will be to advance the company’s objectives by growing its core consumer-to-consumer money transfer business, adopting new delivery channels and making strides in payments to address new market opportunities across Asia Pacific. She will report to Hikmet Ersek, the company’s chief operating officer and will be based in Hong Kong.

Ms Yue brings more than 25 years of experience in the telecommunications industry, with five US patents and years of go-to-market experiences that span the telecommunications and broadband video sectors in the US and, more recently, Asia Pacific. For the past six years, she has headed up the Broadband Communications, Home & Network Mobility business of Motorola in Asia Pacific.

Mr Ersek said: “Ms Yue has notable talent and energy, and her innovative perspectives will help consolidate our leadership position and expand our business in the fast-growing Asia-Pacific region. As a native of Asia and true global citizen, she will bring depth and technological insight to Western Union’s global management team.”

Ms Yue said: “I am very excited to join a team whose consistent business success is built on providing a dependable financial lifeline between consumers and their family members in an increasingly international world. I look forward to advancing Western Union’s innovative approaches aimed at continually upholding customer excellence.”