London, 14 January 2019 – PIF, the not for profit industry body representing the prepaid sector, has elected Paul Swinton, CEO & Founder of market leading fintech B4B Payments, as its next Chairman.
Paul takes over from Craig James, CEO of Neopay, who will step down in February 2019 after two consecutive terms at the helm. Craig will continue to serve on the PIF Board of Directors.
Paul joined the PIF Board in April 2018 as a non-executive Director and brings a wealth of industry knowledge and experience to the role. His extensive background in the prepaid sector, alongside his role as CEO and Founder of B4B Payments, makes him the ideal candidate to lead PIF over next three years.
Commenting on his appointment, Paul Swinton said:
“It is a great honour to become the Chair of PIF and I am looking forward to working with my fellow Board members to continue building on the great work Craig has overseen throughout his tenure.
“We will be highly focused on the development and delivery of quality practical content and guidance for our industry, representing the collective voice of our members within the regulatory landscape and being the positive no nonsense voice to both trade and the wider media.”
Launched over a decade ago, PIF is a vibrant community of organisations operating in the high-growth prepaid and fintech sectors, united by a shared mission to advance the success of the industry. Elected by the PIF Board, Paul follows in a great tradition of industry leaders committed to lending their time and expertise to assist the work of PIF.
In his role as Chairman, Craig has been instrumental in expanding PIF’s reach and influence, with a clear focus on transparent governance and further strengthening the commercial benefits of PIF membership.
Craig James, outgoing PIF Chairman said:
“I am proud to have served as Chairman for the last four years, during which time the payments industry has gone through significant change. PIF has evolved to meet the growing needs of members but has maintained a strong focus on always acting in their best, long-term interests.
“I delighted to hand over the reins to Paul safe in the knowledge that he will not only steadfastly preserve that focus but use his experience of the many challenges our members face to drive the continued growth of PIF.”
Notes to Editors
PIF is the not-for-profit industry body representing organisations who are regulated under e-money and payment services legislation and who operate in the high-growth prepaid and fintech sectors.
Prepaid technology underpins a vast range of financial products, from everyday payment accounts and challenger bank accounts to corporate incentive and expense management solutions. Driven by a belief that prepaid delivers a wealth of social and financial benefits to consumers, businesses and governments, PIF works hard to protect and advance the use of prepaid as an enabler of innovative payment products and services.
With an eleven-year history of driving positive outcomes for the industry, PIF uses its resources and deep industry knowledge to educate, inform, guide and support its members and presents a unified voice to the media and the authorities that govern the sector.
To learn more about PIF, please visit www.prepaidforum.org or follow us @prepaidintforum
For further information
T: +44 (0) 7736 971986