PIF Adopts New Approach to Governance

• New approach allows PIF to tap into the expertise of the Board in a way that better serves PIF's growing community of members
• Brings new perspectives and skill sets into play, enabling PIF to fast-track key aspects of its strategic plan
• Aligns with the ethos of PIF in representing different viewpoints
• Allows Board members to bring their ideas both to the process of governance and the priorities of the organisation
• Newly created Vice Chair role brings added support, skills, experience and perspective

The Payments Innovation Forum (PIF), the not-for-profit payments industry body, has announced that it has transitioned to a shared leadership model, rotating the roles of Chair and Vice Chair among the PIF Board of Directors every three months, as part of the company's ongoing initiatives to implement its member-driven strategic plan. 

The Chair and Vice Chair roles will rotate among Board members every three months, with the Vice Chair moving to the Chair role on rotation. 

The schedule has been set, with Chris Ellis becoming Chair. Chris has worked in the cards and payments industry for over 20 years, and has contributed to the organisations which both introduced the foundations for, and the wider evolution into, the 'fintech' industry we see today. 

Siobhan Moore becomes Vice Chair. Siobhan is a commercial lawyer who has worked in the payments sector for over 15 years, involved with the many entrants into the market, their growth and expansion into other countries. 

Commenting on the changes, PIF Executive Director, Diane Brocklebank said: "PIF is run by the industry for the industry. We are privileged to have an 11-strong Board of Directors with knowledge and expertise of launching, running and scaling a payments business. Our new approach to governance allows us to tap into many years of combined experience to support and champion innovation in payments."
 

About Payments Innovation Forum

The Payments Innovation Forum (PIF) is a not-for-profit trade body for the payments industry. 

We support and champion innovation in payments by promoting the highest possible standards of practice and compliance, educating regulators, policymakers, consumer bodies and the media to inspire legitimate confidence in the sector, and advocating for industry-positive policy that fosters innovation and competition in payments, whilst protecting the interests of consumers. 

Over the past 15 years, PIF has supported the entry and phenomenal growth of new payment services and fintech, whilst helping our members to navigate a highly regulated and increasingly complex payments ecosystem.

For more information, please visit https://www.paymentsinnovationforum.org/

For further information, please contact: 

Divya Philip

Payments Innovation Forum

[email protected]