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Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure | Fintech InShorts: Latest fintech news, analysis by experts

Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure

BankingBusinessFinTech

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Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure

October 25, 2023

Ron Kalifa, the former CEO of Worldpay, has been appointed as Vice Chair and Head of Financial Infrastructure at Brookfield Asset Management.
Kalifa served at Worldpay for 18 years, including a period as CEO from 2002 to 2013 and later as Vice Chair. He played a pivotal role in Worldpay’s transition from private equity ownership to an initial public offering (IPO).
Kalifa is known for leading and authoring an independent review of the UK’s fintech strategy, which was published in 2021.
He also currently holds positions as the Chair for Network International, a UAE-based payments business, and as a Senior Independent Director on the Court of Directors of the Bank of England.
Brookfield Asset Management, with significant investments in financial infrastructure companies valued at around $5 billion, aims to expand its presence in this sector with Kalifa’s appointment.
The firm’s financial infrastructure strategy includes identifying opportunities in digital assets and services that contribute to global finance, particularly targeting “mature, high-quality” companies to support their growth.
Ron Kalifa sees his new role as an opportunity to leverage Brookfield’s ecosystem and develop solutions to help companies navigate the evolving global financial landscape, which is undergoing a significant transformation driven by macroeconomic trends.

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