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Management Changes

Management Changes

Company Information,
15 June 2015

Chris Church to step down; Javier Pérez-Tasso appointed Chief Executive of the Americas, UK, Ireland and Nordics.

Brussels, 15 June 2015 – SWIFT announces that Chris Church, Chief Executive of the Americas and Global Head of Securities, has decided to step down after seven years at SWIFT.

“It has been a great pleasure to work with Chris, and I will obviously be sad to see him go,” said Gottfried Leibbrandt, CEO of SWIFT.  “I am extremely grateful to Chris for his leadership of the Americas and Securities at SWIFT. Over the last seven years, he has done a tremendous job in growing our Community in the Americas, strengthening the relationship with our key accounts, expanding our presence in Latin America and further building the team. As executive responsible for Securities, he has overseen our increasing traffic and activity in the area.”

“I have thoroughly enjoyed my years at SWIFT,” added Church. “And I am particularly proud to have helped the Americas region and SWIFT deliver on our commitments, especially those related to the SWIFT2015 strategy. However, with the transition to SWIFT2020 and the exciting changes in the market landscape, now is the right time to make a change and move on to new opportunities and challenges.”

Javier Pérez-Tasso, currently Chief Marketing Officer at SWIFT, will assume Church’s existing responsibilities for the Americas, as well as for the UK, Ireland and the Nordics, currently led by Alain Raes. This will consolidate the regional split into two distinct divisions: Americas, UK, Ireland and Nordics under Javier Pérez-Tasso; and CEMEA* and APAC under Alain Raes. Since most global accounts are located in London and New York, this will put these financial centres under a single executive.

Over the coming weeks Pérez-Tasso will work closely with Church and Raes to ensure a smooth transition to the new organisation, which will take effect on 1 September. Church will remain available until the end of the year to support the handover. In his new role Pérez-Tasso will continue to report to SWIFT CEO Leibbrandt, and will be based in New York. 

“Having served as Chief Marketing Officer, most recently leading development of the SWIFT2020 strategy, and, before that, as Head of the Western Europe, Middle East and Africa region, Javier brings extensive experience in both marketing and sales. He is therefore perfectly positioned to lead the next stage in the development of the expanded region”, Leibbrandt added.

In the coming weeks SWIFT will be working on appointing a new Chief Marketing Officer and ensuring continuity in the leadership of Securities.

* Continental Europe, Middle East and Africa

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,800 banking organisations, securities institutions and corporate customers in over 200 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
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Brunswick Group LLP
Tel: +44 (0)20 7404 5959