Sarah Breeden became Deputy Governor for Financial Stability on 1 November 2023. She is a member of the Monetary Policy Committee, Financial Policy Committee, Prudential Regulation Committee and the Bank’s Court of Directors.

She has specific responsibility within the Bank for financial stability, the supervision of financial market infrastructures, international issues, central bank digital currency and fintech.

Sarah also has responsibility at Deputy Governor level for the Bank’s work on the monetary and financial stability risks from climate change, and chairs the Financial Stability Board’s working group on climate vulnerabilities.

Sarah joined the Bank in 1991. Prior to her current role, Sarah was the Executive Director for Financial Stability Strategy and Risk and a member of the Financial Policy Committee (2021-2023). Previously, she was the Executive Director for UK Deposit Takers Supervision (2019-2021), responsible for the supervision of the UK’s banks, building societies and credit unions, and Executive Director for International Banks Supervision (2015-2021), responsible for supervision of the UK operations of international banks. Before that, Sarah held a variety of roles, including leading the design and risk management of financial market operations undertaken by the Bank during the financial crisis, and then leading the Bank’s work to support the transition of prudential regulation of banks and insurers from the Financial Services Authority to the Bank.

Sarah has an MA in Economics from Cambridge University and an MSc in Finance from the London Business School.

She is a trustee of the Education Endowment Foundation.

Ron van Kemenade joined Lloyds Banking Group in June 2023 as Group Chief Operating Officer. 

Ron has over 30 years of technology experience in the financial services industry and telecommunications. Before joining the Group, Ron spent 20 years at ING working in senior technology roles and most latterly served on the Board, as the bank’s first Chief Technology Officer, where he was responsible for leading the technology and data agenda that helped transform ING into a truly data-driven, digital bank.

Ron is passionate about technology transformation and how we can harness technology and data to unlock our long-term growth strategy and better support our 26 million UK customers.

Ron has relocated from the Netherlands to set-up home in London, with his wife Annette.

Morten Bech joined the BIS in mid-2011. Before taking up his current assignment in 2020, he was the head of the secretariat supporting the Committee on Payments and Market Infrastructures with responsibility for coordinating and contributing to the activities of the Committee and its various working groups. He has also served as Secretary to the Markets Committee. He previously worked for the Federal Reserve Bank of New York and the Danish central bank. In 2009, he was a visitor at the Monetary Affairs Division of the Federal Reserve Board in Washington DC. He holds a PhD in economics from the University of California, Santa Barbara. He has written on various issues relating to monetary policy implementation, money markets, the network topology of financial markets, large-value payment systems and systemic risk.

David currently holds a dual role at the PSR and FCA. Since June 2024, David has been Interim Managing Director at the PSR, leading the PSR with the rest of the PSR’s Executive and Board. Since November 2024, David has also been the Interim Executive Director of Payments and Digital Finance at the FCA. In this role, heco-leads the FCA’s Supervision, Policy and Competition (SPC) division, with a focus on payments and cryptoassets. These FCA and PSR roles have been joined up into a single role to foster greater alignment between the two regulators as we deliver the National Payments Vision, ahead of legislation on the future of the PSR.

Prior to this role, David was Director of Retail Banking at the FCA and a non-executive member of the PSR Board. He has worked in regulation at the FCA (and its predecessor the FSA) for more than 20 years, spanning several different roles in both Policy and Supervision. During his time at the FCA, he has been involved in leading and delivering large-scale initiatives such as the Retail Distribution Review, the development of the Senior Managers and Certification regime, and implementation of PSD2.   

Before joining the regulator, David worked in the financial services industry gaining experience in banking, financial advice, and mortgages. 

Lee leads Payment Strategy and Partnerships for NatWest Group. His role covers many elements including assessing the landscape, defining strategic opportunities and supporting customers across multiple brands in collaboration with internal and external partners.

Those external partners include some of the scale payment providers that have a relationship with the Group. One of which NatWest has a minority stake in, for which Lee sits as an observer on their Board.

With knowledge and experience working across all types of payments, he has also been a leading voice internally and externally in the Digital Asset space, sitting on multiple industry groups and representing NatWest on industry initiatives and experiments both in the UK and globally.

He also has extensive banking experience in product / P&L management, risk, policy setting and strategy. 

Lee joined NatWest in 2018 after 13 years at the Co-operative Bank where he held senior leadership roles within product and payments.  Latterly owning the payment strategy together with responsibility for regulatory change including PSD2 and key payment scheme relationships.

Married with a daughter and a son, Lee is a keen footballer and captains his local side. He is an ardent supporter of Liverpool FC and has followed them all over Europe.

Nick is Chief Executive Officer of Select ID, a new inclusive Reusable ID acceptance network. Select ID allows consumers to choose their preferred Reusable ID provider while making it easy for companies to benefit from digital identity services that meet relevant regulatory requirements such as KYC and AML.

Nick has expert knowledge of Identity and Fraud techniques, solutions, and standards across a wide variety of sectors and jurisdictions. Previously, Nick was Chief Identity Strategist at the Open Identity Exchange, providing thought leadership, guides, presentations and stakeholder influencing to drive forward the definition and adoption of Digital ID and Digital Wallets around the globe. Prior to that, Nick was Director of ID and Fraud at Experian, where led Experian’s development, launch and operation of a full “Identity as a Service” solution which was the first live example of a Digital ID being seamlessly interoperable across public and private sector. 

Daryl leads KPMG’s ESG Tech & Data community, specialising in ESG non-financial reporting and sustainable IT. In that role, Daryl has leveraged KPMG’s global member firms and specialist suppliers to develop an industry-leading, sustainable IT proposition and framework. IN addition to helping clients make their IT more sustainable, Daryl has worked with KPMG UK's own IT department to benchmark our digital carbon emissions and create a Digital Carbon Reduction Plan to substantially reduce our ICT emissions in line with our Net Zero commitments. 

Peter leads Payments Consulting for KPMG UK and EMA with extensive experience in payments strategy, product innovation, payments operating models as well as deep experience in the delivery of large-scale payments and payment related programs. Peter has deep specialization in Real Time Payments working with PSOs and Central banks around the globe, planning and implementing multiple RTP infrastructures.

David is an Associate Director at Global Counsel. Before joining GC he worked for the UK trade body for the banking, payments and finance sectors leading on engagement across payments, innovation and cryptoassets from a public policy and regulatory engagement perspective in the UK, EU and internationally.

David has also previously worked in the Payments and Fintech team for the UK finance ministry, advising on international engagement, trade policy, payments and fintech. Previously David also worked for a global think tank.

At Global Counsel, David works in the Financial Services practice across the EU and UK, with a wide focus across financial services but a particular specialism on payments, fintech and digital assets. David works with senior leaders in many GC clients to deepen and develop their engagement with public policymaking.

Peter Left acts as Head of Prudential Liquidity Management at Lloyds’ ring-fenced bank group and has over 17 years of financial markets experience in front office trading, working on derivatives trades, structuring, money markets and repo sales. Peter now leads the treasury element of Lloyds Banking Group’s work on digital money & assets, exploring robust future funding and business strategies.

Hannah is an experienced civil servant with a track-record of using innovative approaches and new technology to improve public services. Her time in the Cabinet Office’s Government Innovation Group saw her driving new policy-making tools across Whitehall and establishing the world-leading UK Policy Lab. In DSIT she has led on various digital and data projects, bringing together citizen, economic and government needs. Since joining the Digital Identity Team in 2019, Hannah has become obsessed with the possibilities for digital identity for the whole UK economy and is excited to be part of driving it forward. 

Ricardo is the Field Chief Security Officer at Fortinet EMEA, with over 20 years of experience bridging risk management, cloud innovation, and automation. He has transformed digital strategies at EY London, Rackspace, and HSBC, developed an AI-powered cloud compliance accelerator, co-authored Cloud Security Alliance whitepapers, and published "Policy Design in the Age of Digital Adoption." With an MSc in Information Systems, executive education from Oxford, MIT, and Stanford, and certifications from AWS, Google Cloud, and the Linux Foundation, Ricardo is a trusted advisor to CxO stakeholders and a sought-after speaker on cloud security and digital transformation.

Lesley Chavkin is currently head of global policy for Paxos. Prior to joining Paxos, she worked at the Stellar Development Foundation and JPMorgan Chase, and also served in a variety of roles at the US Department of the Treasury, including as an international economist in the Office of African Nations, as a senior policy advisor focused on the Middle East, and as Treasury’s financial attaché to Qatar and Kuwait from 2017 to 2020. Before joining the Treasury, Chavkin worked as an economic analyst in the US intelligence community. Chavkin holds a master’s degree in development economics and international security from the Fletcher School at Tufts University and a Bachelor of Arts in political science and international affairs from the University of Washington. She is also a nonresident senior fellow with the Atlantic Council’s Economic Statecraft Initiative in the GeoEconomics Center.

Simon has extensive experience in the Payments industry, with expertise in strategic change programmes, cash management sales, operations and product management.

In his current role as Head of Payments for NatWest Group, Simon is responsible for setting the Groups Payments strategy including, Product and Scheme management, Operations and Innovation.  

Previously the Head of Product Development & Innovation, Simon led the Payments customer centric Innovation programme together with product / scheme responsibilities.

Prior to this role Simon was Head of Design and Franchise Delivery leading teams to deliver transformational change to meet alternative State Aid remedies with the European Commission and Her Majesty’s Treasury following the decision to stand down the divestment of Williams & Glyn. 

Simon joined RBS in 1994 from HSBC where he held various leadership roles in Payments and Cash Management. 

Well known and respected at industry fora, Simon is chair of the Strategic Participant Group supporting Pay.UK and has recently taken up a position as an Advisory Board member of Pennies (pennies.org.uk).
 

Søren Mortensen brings over 25 years of Financial Markets experience in delivering mission critical transformational projects for financial institutions. His responsibilities include complex transformations of financial institutions, Innovation in Financial Markets leveraging new technologies such as Cognitive & Blockchain, and post-trade initiatives around topics like reference data management, collateral management and OTC-derivatives processing.

Gary uses his experience in the industry to develop the strategic focus of BNP Paribas with regards to the banks and brokers segment across our global business and to help our clients review their own strategy in the frame of the ongoing change that is being seen in terms of operating models, business priorities, technology and market footprint. Alongside this, he leads the Financial Intermediaries Client Line in the UK, ensuring services like custody, clearing, debt solutions and cash offerings for clients booked in the UK are fit for purpose and help our clients reach their objectives.
 
Having worked in a number of roles across our organisation, Gary recognises the need for continuous review and forward-thinking solutions that help our clients meet their needs but also those of their customers. This has allowed him to become a spokesperson within the industry across a number of topics that will continue to shape our business for the foreseeable future.

Robert is the General Manager of PagoNxt Payments UK, a leading PayTech EMI under Santander. An experienced leader with over 20 years of experience in payments and innovation, Robert helps financial institutions, NBFIs, and corporates manage their payments more efficiently and unlock new growth opportunities.

His background spans payments, cards, and Open Banking, including his time as Head of Payments at Santander UK, always with a focus on delivering practical, future-ready solutions and driving meaningful change across the industry.

Beyond his role at PagoNxt, Robert shares his expertise through advisory and board positions, committed to shaping the next era of financial services.

Jana is the Managing Director for Payments, Innovation and Resilience at UK Finance where she leads discussions on payments, fintech and digital agendas.

Before joining UK Finance, she was head of the Worldpay (then FIS) Global Government Affairs team, shaped competition and regulatory policies at the Financial Conduct Authority and Payments Systems Regulator and prior to that supported companies across public and private sectors globally through her various roles.

She has added commercial credentials delivering and implementing policies in practice, holds several board positions and works with a number of charities.

Phillip is Director for Digital Technology and Innovation at UK Finance.  

He has a particular focus on how legislative and regulatory policy impacts digital transformation in finance and banking. He works across the digital transformation landscape on digital identity, AI, new digital money, tokenisation, open banking and data protection.  

His previous role focussed on influencing payments strategy and regulation in the UK. Phillip has a public policy background with previous roles at HM Treasury and in local government.

He currently sits on the FCA Innovation Advisory Group and Smart Data Council.

Conor leads the Capital Markets and Wholesale team which covers a series of strategically important initiatives spanning primary, secondary, post-trade, and international markets policy.

Prior to joining UK Finance Conor worked in a range of UK government departments including HM Treasury where he worked on financial crisis intervention schemes and was a member of the Government Economic Service. Most recently, Conor spent a number of years at UK Financial Investments, the arm's-length government body responsible for managing the UK government's shareholdings and loans in financial assets, where he was responsible for work on Northern Rock and Bradford & Bingley.

Yvonne Deane Harte acts as UK Finance’s Director for Secondary Markets and Post Trade processes and leads UK Finance securities tokenisation work. Yvonne joined UK Finance in 2020, working in industry and private practice as a senior counsel solicitor specialising in investment management and financial regulation, advising on DvP trades, MiFID II, accessing new markets, market infrastructure, CASS and Brexit. Yvonne is passionate about advancing industry priorities to ensure the continued success of UK financial services.

Sam is Head of International Public Policy at Stripe, the financial infrastructure platform for businesses. Millions of companies — from the world’s largest enterprises to the most ambitious startups — use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Sam leads a team of policy professionals across Europe, the Middle East and Africa, and the Asia-Pacific Region, who work to ensure that the needs of the online economy are reflected in public policy developments. He is a policy professional with 25 years experience across the financial services and retail sectors. Prior to joining Stripe in 2019, he held senior roles at one of Europe’s largest banks and an Asia-based investment bank. Sam is a member of the Payments Board of UK Finance, the Industry Advisory Council of pay.uk, and the Financial Stability Board’s Legal, Regulatory & Supervisory Taskforce.

As CEO of Fnality UK, Angus is currently overseeing the scaling £ Fnality Payment System operations to ensure system resilience and functionality in a live environment, which will pave the way for establishing Fnality Payment Systems in other core currencies and expanding the payment system's functionalities. Angus started his journey at Fnality as Senior Commercial and Regulatory advisor. Prior to joining Fnality, Angus spent 25 years in regulatory and financial markets within both corporate and investment bank businesses. This includes global transaction banking and markets covering derivatives, securities, FX, collateral management, cash management, trade finance, and market infrastructure. His strengths are his proven track record of regulatory advocacy, his ability to build and maintain strong stakeholder and client relationships at all levels and programme management delivery across products.

Katarina is a subject matter expert in financial crime prevention. In her role Katarina is responsible for working with strategic customers and partners, industry analysts, press and regulators representing LexisNexis Risk Solutions in the market. She regularly assists on various strategic initiatives across UK and Ireland. She joined LexisNexis Risk Solutions from PwC, where she worked as a Risk & Compliance Manager in the Financial Crime Compliance / Risk Management areas. Katarina is CAMS-certified since 2016 and has more than ten years of experience in corporate risk management and financial crime compliance.

Having worked as KYC analyst, AML supervisor, compliance manager, financial crime prevention consultant and FCC market planner, she has been accountable for all areas of financial crime prevention including customer screening, KYC / CDD, payment screening, risk assessment, policies set up, compliance consulting, AML audits assistance, AML seminars, digital transformation and generally in supporting customers efforts to identify and mitigate financial crime threats in various sectors and jurisdictions. In addition to designing and implementing AML programs and incorporating a broad range of vendor solutions, she also has experience with GDPR, FATCA and CRS. Originally from Croatia, Katarina enjoys engaging with industry practitioners across different markets and territories.

Roberto has worked for Commerzbank for over 10 years in front office technology services and currently leads the wholesale cash and markets innovation team within the DLT competency centre. The team covers initiatives spanning wholesale cash, capital markets and treasury solutions, participation in industry initiatives, research, and advisory services. Prior to his current role Roberto worked for over 20 years in a variety of roles including bond and derivatives trading, fixed income asset management, consulting, and investment banking technology transformation.

Luke Scanlon is the Head of Fintech Propositions and Legal Director at Pinsent Masons. He has advised some of the world’s leading technology providers and financial institutions on a range of legal and regulatory issues. Recognised by Chambers and Legal 500, Luke regularly provides training sessions and workshops for Financial Services providers. He has spoken at several prominent conferences, including the AI Scottish Summit, and has published extensively in well-known publications such as FT Adviser, The Sunday Times (Scotland), and The Banker magazine.