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Credit giant to replace Australian MD

Global consumer credit reporting agency Equifax, which last year acquired Veda, has announced senior leadership changes in its Australian business.

Nerida Caesar, currently the managing director of Equifax Australia & New Zealand, will transition to an advisory role through early 2018 to facilitate what the group has called “the seamless realignment of the Asia-Pacific region”.

Ms Caesar was instrumental in ensuring the successful integration of Veda, the largest acquisition in Equifax history.

She will be replaced by Paulino Barros, currently the president of the United States Information Solutions (USIS) business unit, who will now lead the Equifax Asia-Pacific business.

Prior to his USIS role, Mr Barros led the company’s international unit with responsibility for Latin America, Europe, and Canada, and also led expansion efforts into other countries. Mr Barros will remain an active member of the Equifax senior leadership team.

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“Our tremendous growth is the result of both accelerating business strategies to maximise the value of our position in the market, and tapping into our best talent to lead with decisiveness and strength,” Equifax chairman and CEO Richard F. Smith said.

“Paulino’s business acumen will bring a wealth of knowledge to his role so we can continue leveraging our competitive advantage on a global scale,” he said.

“We thank Nerida – the driving force behind Veda’s creation and growth, and a key partner and contributor during the acquisition – for her continued partnership in the region.”

The leadership changes are effective from 1 July.

[Related: FIRB approves Veda acquisition]

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