The International Securities Services Association (ISSA) has appointed Stephen Grainger to its executive board.
Grainger, who is currently chief executive for the Americas and UK regions at SWIFT, brings two decades of global industry experience to the board, as well as a perspective of the SWIFT business.
At SWIFT, Grainger is responsible for overarching direction and growth, focusing his efforts on further developing strategic customer relationships.
Before SWIFT, Grainger was 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.
On accepting his board nomination at ISSA, Grainger says: “SWIFT and ISSA share a vision for improving the post-trade services in the securities market and we can support each other in this endeavour. I look forward to working with the board and the management team to help shape the future of securities services.”
Phil Brown, ISSA chairman, comments: “ISSA is delighted to welcome Stephen to the board. Stephen has held roles at a number of our member firms over the years. He has a very strong commercial background and his role aligns perfectly with the ISSA mission to improve the efficiency of the securities services ecosystems. He will be an asset to the board.”
