** Shares of payments firm Fiserv FI.N down 2.7% to $210 premarket
** U.S. President-elect Donald Trump tapped Fiserv CEO Frank Bisignano late on Wednesday to head the Social Security Administration
** Bisignano is the latest fintech CEO to be picked for a cabinet post following the appointment of Shift4 FOUR.N CEO Jared Isaacman as head of NASA
** Bisignano seems a good selection for the role given his large-scale transformation experience - Citi Research
** Brokerage says there is a legacy of leadership and value creation that will be missed at Fiserv, which presents some near-term uncertainty in terms of a successor
** However, it says Bisignano has assembled a solid bench of talent at the company and the business is well set up for continued execution from the next level of leadership
** As of last close, FI shares are up 62.5% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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