Senior Director, Head of EMEA Core Payments
Luke Olbrich has been in the payment business around the globe for over 20 years. Luke heads PayPal’s Europe, Middle East and Africa (EMEA) core payments business and is a Senior Director and member of the PayPal Management Board for the PayPal Bank, based in Luxembourg. In this role, Luke is responsible for the core payments business, managing the multiple payment providers for the PayPal network. His position includes the management of all vendor and network business for both ACH and card payments for PayPal across the EMEA region. Additionally, Luke and his team drive and support PayPal senior management business strategy decisions, and supervise adoption of PayPal’s strategies for innovative payment solutions and new market opportunities across the region. Luke regularly engages with financial regulators and policy makers, and in his position he had the opportunity to meet with Mr. Benoît Cœuré, Member of the Executive Board of the European Central Bank on matters of European payment system stability and security.
Prior to joining PayPal, Luke worked for over 18 years with MasterCard Worlwide in a series of roles with increasing responsibility across the business and in multiple global regions. In his last position Luke managed MasterCard Worldwide’s core credit business and rewards, loyalty, customer service, insurance and benefits business for the Europe region, based in London. Before this role, Luke spent over 10 years in MasterCard’s Brussels European regional HQ managing the company’s Maestro and Debit MasterCard debit card and ATM business across 54 countries including marketing, public affairs, SEPA compliance, operations, and product development. He started with MasterCard in their New York Headquarters in Operations and held a number of other roles from Franchise Management, Retailer Acceptance, amongst others.
Luke began his career at Chemical Bank in New York City as part of their Management Trainee Programme and he is a graduate of Georgetown University’s School of Foreign Service and was a Master’s of Arts candidate in History at Harvard University.
Luke speaks English and German, and has a fair knowledge of French and Dutch. He is a regular speaker at industry conferences and payments events.