Prabhu, 63, will depart at the end of the firm’s fiscal year in September, the payments giant said Thursday in a statement. Chief Executive Officer Ryan McInerney took the reins of Visa earlier this month.
Prabhu has been Visa’s CFO since 2015. He oversaw its finances at a time when profits soared, the firm added hundreds of millions of cardholders, and spending on its network more than doubled.
“I am grateful to have played a part in the tremendous growth of one of the world’s most well-respected brands during a time of inflection in the company’s history,” Prabhu said in the statement. “As I retire, I know that the company is well-positioned to continue to grow and take full advantage of the revolution in payments around the globe.”
Prabhu joined from NBCUniversal Media, where he held a similar role. Four years after arriving at Visa, he was named a vice chairman.
Prabhu will assist the San Francisco-based company with the search for his successor, according to the statement.