Gerasimova Olga

Education

Olga Gerasimova graduated from the Moscow State Pedagogical Institute and received a master's degree in linguistics in 2004.

Career

In 2005, Olga Gerasimova began working at the Western Union DP Vostok NGO as director of the compliance control department in the CIS and Eastern Europe. Until 2018, she was engaged in the development of AML/TF policies and procedures.

In July 2020, she took the position of vice president in the Russian office of Western Union.

2022: Appointment as CEO of Western Union (Western Union)

On August 29, 2022, it became known about the change of the head of the Russian representative office of Western Union. Instead of Tatyana Klimova, who headed the office since March 2022, Olga Gerasimova was appointed. This is evidenced by the data of the USRY system, cited by Interfax.

The general director of the Russian "daughter" Western Union has changed

Before heading the Russian division of Western Union, Gerasimova worked for the company as vice president. The change in the general director of the company occurred despite the fact that on March 10, 2022, Western Union announced in March 2022 that it would suspend work in Russia and Belarus. The company worked in Russia as a NPO "Western Union DP East." Since March 24, 2022, it has been excluded from the register of payment systems operators.

The domestic transfer market is dominated by banks that traditionally zero fees for transfers from card to card within a credit institution, and the Fast Payment System, which the Central Bank launched in 2019, allows you to make such transfers between different banks by phone number without commission (for amounts up to 100 thousand rubles per month). Western Union's tariff for transfers to bank branches ranged from 100 to 1000 rubles, and the fee for transfers to all countries, with the exception of Ukraine, ranged from 49 rubles.^[1]

Notes

Шаблон:Remarks