With deep industry expertise in payment
innovation Susan Hawkins will lead
Payments Canada through its continued modernization journey in
partnership with the payment ecosystem, effective August 12, 2024
OTTAWA,
ON, June 26, 2024 /CNW/ - The Payments
Canada Board of Directors today announced the appointment of
Susan Hawkins to President and CEO
of Payments Canada, effective August 12,
2024.
"We are thrilled to appoint Susan
Hawkins to lead Payments Canada as President and CEO,"
said Garry Foster, Chair of the Payments Canada Board of
Directors. "Susan is an expert in the industry and her experience
spans domestic and international retail and commercial payment
leadership. Her passion for payment innovation and proven
collaborative leadership will support our drive forward as we
modernize Canada's payment
systems."
For over five years, Hawkins was the Global Head of Enterprise
Payments and Executive Vice President of US Payments at TD Bank
Group, where she led the modernization and governance of payment
infrastructure and payment products working with teams in the US
and Canada. In her position,
Hawkins also played a pivotal role in building and commercializing
a real-time payments solution. Throughout her career, Hawkins also
held executive roles with Fidelity Global Information Services and
Metavante Payment Solutions. Hawkins served as a board member for
Payments Canada from 2020 to 2023, and has been on the board of The
Clearing House Payments Corporation since 2019.
"I look forward to leading the Payments Canada team and working
collaboratively with our members and stakeholders to continue to
build on the momentum of Canada's
payment innovation journey," said Susan
Hawkins, incoming President and CEO of Payments Canada.
"It's a pivotal time for Payments Canada and the industry with
advances to broaden access to Canada's payment systems through the recent
Royal Assent of The Canadian Payments Act changes, which
will expand Payments Canada's membership, and as Payments Canada
leads the final phase of a 'made for Canada' Real-Time Rail (RTR) payment system. I
am excited to support Payments Canada to build the future of
payments for Canada in partnership
with the payment ecosystem."
Upon Susan's commencement of her new role, interim co-CEO
Kristina Logue will resume her full
role as Chief Financial Officer (CFO) and interim co-CEO
Jude Pinto will resume his full role
as Chief Delivery Officer (CDO).
"On behalf of the board of directors, we extend our deepest
gratitude to Kristina and Jude for their exceptional leadership
during this transition period," said Foster. "Payments Canada has an excellent leadership team that
will work closely with Susan to align its critical work of safely
and securely operating Canada's
national payment systems and the delivery of the Real-Time Rail
(RTR) with the vision she brings. Susan's appointment marks the
beginning of an exciting next chapter for Payments Canada."
ABOUT PAYMENTS CANADA
Payments Canada makes
payments easier, smarter and safer for all people living in
Canada by providing the
infrastructure where payments are cleared and settled between
financial institutions. We are a public purpose organization that
owns and operates Canada's payment
systems, Lynx and the Automated Clearing Settlement System (ACSS),
and are responsible for the bylaws, rules and standards that
support these systems. In 2023, our systems cleared and settled
over $112 trillion — more than
$450 billion every business day. Some
of the transactions that pass through our systems include debit
card payments, pre-authorized debits, direct deposits, bill
payments, wire payments and cheques. Payments are an essential part
of our economy and way of life. From a down payment on a home, an
invoice paid to a local business or a first paycheque﹘payments keep
Canadians and the economy moving forward.
For media inquiries, please visit Payments Canada's media
centre.
SOURCE Payments Canada