= Subscriber content; or subscribe now to access all American Banker content.

SWIFT Appoints Seven New Board Members

SWIFT has named seven new members to its board to reflect the global nature of its members.

The appointments were the result of a board review following a regular share reallocation exercise and a number of "end of term" appointments, Society for Worldwide Interbank Financial Telecommunication said Monday.

For the first time the board has a member from India to represent several Asian countries and a new member from China, which is a key market for SWIFT, Yawar Shah, the group's chairman, said in a news release.

"It is critical that we continue to benefit from a board that is as geographically diverse as it is in expertise in securities, payments, finance and technology," Shah said.

The new members include executives from Clearstream Services, ING (ING), Royal Bank of Canada (RY), ABN AMRO, Credit Suisse (CS), Bank of China and HDFC Bank (HDB).

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 financial institutions in 210 countries.




Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.