SWIFT has appointed Stephen Grainger as chief executive for Americas and UK regions.
Grainger will be responsible for overarching direction and growth, focusing his efforts on further developing strategic customer relationships.
He will also support customers to transform the cross-border payment experience for their end clients and will work with the securities industry to improve the efficiency of post-trade processing.
Grainger brings two decades of global industry experience in the financial industry as well as a perspective into the SWIFT business, having previously served in senior business development roles at the Brussels-based organisation.
Grainger was most recently executive vice president at Mastercard, leading the development and commercialisation of its global cross-border services business, servicing banks, digital platforms and non-bank financial institutions.
He has also served at Goldman Sachs, Bank of America, and Citigroup.
Rosemary Stone, chief business development officer at Swift, comments: “Stephen’s industry experience makes him ideally qualified to lead our Americas and UK businesses into the next stage of growth, as we continue to deliver our strategic objectives to best serve the SWIFT community.”
Commenting on his new role, Grainger says: “I am delighted to be returning to SWIFT at this particularly exciting stage in the organisation’s development. I greatly look forward to supporting the business as it works to transform cross-border payments and securities processing for the benefit of the financial industry.”
