Mr. Bennett will continue in his previous position as head of Corporate Outsourcing for the UK

Travelex has appointed Jonathan Bennett as head of Corporate Outsourcing – North America. In his new role, Mr. Bennett will serve as head of Corporate Outsourcing – North America, while continuing in his previous position as head of Corporate Outsourcing for the UK. Previously he has worked in both sales and general manager roles for American Express and Travelex.

According to the company, appointment was due to the Travelex’s expansion with Corporate Cash Passport, that provides currency via a prepaid travel card to customers, and provided a scope for further expansion of the product. The Corporate Cash Passport allows companies to centralise and manage travel budgets while reducing administrative waste, providing auditing capabilities, increasing security and saving money.

Mr. Bennett said: Cash Passport is changing the way business travelers think of carrying currency. I think that the product will only continue to expand and become the standard for carrying currency for business travelers everywhere. Given the increased scrutiny over corporate travel and the increased demand for greater control over employee travel spend, the potential for our Corporate Cash Passport is virtually limitless. Travelex is leading the way and has the ability to change the way the world views traveling with currency.

Travelex is a provider of travel insurance, operating through subsidiaries and branches in the regions of Americas, the UK, Europe, Asia Pacific and the Middle East and Africa.