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.

Charlotte Hogg is executive vice president and chief executive officer for Visa’s European operations. Charlotte has more than 30 years of experience in financial services, bank operations and management consulting.  

Prior to joining Visa, Charlotte served as chief operating officer for the Bank of England, from 2013 to 2017. Other relevant experience came as she led retail distribution for Santander in the UK, worked at Experian as the managing director of UK and Irish operations, was CEO of Goldfish Bank at Discover Financial Services and earlier in her career, Charlotte was a managing director for strategy and planning at Morgan Stanley, and a management consultant at McKinsey & Company, based in the U.S.  

Charlotte graduated from the University of Oxford with a B.A. in Economics and History. She is a Kennedy Memorial Trust Scholar from Harvard University and has an honorary Doctor of Laws from Warwick University.

Currently, Charlotte is on the Board of Philharmonia and is a Non-Executive Director for RELX plc. She has previously served on the boards of First Story and Now Teach; both charities in the education sector, she was also a delegate to the Finance Committee of Oxford University Press and a former governor of Nottingham Trent University.  

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.

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.

In his role as managing director of personal finance, Eric is responsible for all personal finance matters, including cards, complaints handling, conduct regulation, consumer credit, payments, savings and supporting vulnerable customers across retail and private banking portfolios. Eric is accountable to retail, private and mid-tier bank CEOs for the development and delivery of sector specific strategies, maintaining active senior-level engagement with politicians, regulators, consumer advocates and policy makers on a range of issues to support the economy, serve customers better and earn trust in the sector.

Eric is a chartered banker and a non-executive director at the Buckinghamshire Building Society (chair of risk), Registry Trust Limited and also holds non-executive roles on the government's Credit Union Expansion Project and Regional Growth Fund.

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.