David Watson has been appointed CEO of The Clearing House (TCH), effective 1 February 2023. He replaces Jim Aramanda, who has served as CEO and president for the past 15 years.
Watson brings more than two decades of experience to the role, more than 16 years of which were spent at Deutsche Bank. He served in a number of roles during his time with the company, including head of cash management for the Americas and global head of digital products.
Before joining TCH Watson was chief product officer at Swift, where he was responsible for product engineering, development and innovation in the company’s banking, securities and market infrastructure services.
Brian Moyihan, CEO and chair of the TCH supervisory board, says: "TCH’s supervisory board is grateful for Jim Aramanda’s long-standing service to the organisation. During Jim’s tenure, TCH continued its critical role in delivering ultra-reliable payments capabilities to the US financial system, but importantly, also introduced innovative new payments capabilities.
"We are pleased to welcome David Watson to lead TCH. David brings extensive payments experience, in-depth expertise in the field, and a strong track record of innovation. David will continue TCH’s important work of driving adoption of real-time payments capabilities and focusing on the safety, security, reliability and efficiency of bank-owned payment systems."
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