Swift Announces New Supervisory Board Members as It Continues to Reinforce the Cooperative and Accelerate Its Strategy

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Postmedia has not reviewed the content. by Business Wire Swift Announces New Supervisory Board Members as It Continues to Reinforce the Cooperative and Accelerate Its StrategyAuthor of the article:New 15-member Supervisory Board brings together senior global financial, payments, securities, technology and public sector leadersThe body will govern the global, industry-owned cooperative and accelerate Swift’s future business strategy in a dynamic business environmentTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountBRUSSELS — Swift today announced the members of its new Supervisory Board, having evolved its governance model to shape the cooperative’s next generation strategy to meet the global financial community’s priorities and further strengthen resilience and trust in the cross-border ecosystem.This advertisement has not loaded yet, but your article continues below.The new Supervisory Board brings in senior industry leaders and independent members, from global banking, payments, securities, market infrastructures, technology, risk and corporate governance with international experience and expertise to drive forward the company’s strategy in a rapidly evolving financial services landscape.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againWith the cooperative’s introduction of a blockchain-based ledger to enable the industry to exchange and interoperate tokenised assets for the movement of funds 24/7, the Board will shape the future roadmap as new forms of digital value and potential additional use cases emerge.And with a strong uplift in experience for international payments already underway with transactions happening in minutes and often seconds, with greater transparency and predictability, the Board also will accelerate best-in-class transaction services powered by the latest technologies.In the wider technology space with the major shifts towards post quantum and frontier AI influencing the future of operations, resilience and cyber, the Board will be working together with Swift’s management as the cooperative evolves its strategy to navigate these industry threats and opportunities, ensuring the global financial community continues to transact securely, seamlessly and at scale.Aligned with international best practice for systemically important financial infrastructures, and underpinned by regulatory principles, Swift’s evolved two-tier governance structure includes a Supervisory Board comprising the Chair, four independent Directors and 10 shareholder-affiliated Directors drawn from across Swift’s global community to oversee the management of the company.The Supervisory Board will be supported by a Management Board, chaired by Swift CEO, Javier Pérez-Tasso, and a 25-member Swift Council that will provide a strong and continuing voice for shareholders and users to offer customer insights and diverse community perspectives to help shape Swift’s strategy.Graeme Munro, Chair of the Supervisory Board, Swift, said: “The pace of change across the global financial system continues to accelerate, but Swift’s mission remains clear: to enable the secure, seamless and trusted movement of value across borders. The new Supervisory Board brings extensive international experience spanning payments, securities, technology, operations and the public sector — expertise that will help Swift and its community keep elevating the global transaction experience while integrating new forms of value and strengthening operational excellence and resilience.This advertisement has not loaded yet, but your article continues below.“Together, we will reinforce what makes the industry-owned cooperative unique and advance Swift’s role as globally inclusive infrastructure connecting more than 12,500 users across over 200 markets worldwide. This is a milestone moment for Swift, and I would also like to thank our outgoing Board members for their commitment and service, and for the important role they will play through the new Swift Council.”Members of the Supervisory BoardGraeme Munro, Chair – Managing Director, Commercial & Investment Bank, J.P. MorganAhmed Abdelaal, Group Chief Executive Officer, Mashreq BankArthur Ambrose, Head of Services Operations, CitiFrancisco Aristeguieta, International & Global Transaction Banking Executive, ScotiabankDilip Asbe – independent DirectorBurkhard Balz – independent directorInge Boets – independent directorPatrick Colle, Executive Chairman, Securities Services, BNP Paribas Securities ServicesManish Kohli, Head of Global Payments Solutions, HSBCLaura Mather, Group Chief Operating Officer and member of the Executive Committee, Société GénéraleMark Monaco, Head of Global Payments Solutions, Bank of AmericaNoritoshi Murakami, Managing Director, Head of Transaction Banking Division, MUFG BankRima Qureshi – independent directorMichael Spiegel, Managing Director, Corporate & Investment Bank, Standard Chartered BankYu Sun, Vice Chairman and Chief Executive, Bank of China (Hong Kong) LimitedSwift’s governance is moving to a new model aligned with international best practice and underpinned by a new legal framework. This evolution is designed to strengthen Swift’s fiduciary governance in line with principles applied to other systemically important financial infrastructures while also further reinforcing Swift’s role as a globally inclusive cooperative supporting the international financial community.The new Supervisory Board comprises: four independent Non-Executive Directors in addition to Non-Executive Directors representing the shareholders. The four independent Directors will respectively chair the Governance and Nomination Committee, the Audit and Finance Committee, the Risk Committee, and the Technology and Production Committee.This summary explains the candidate nomination and selection process for the new Supervisory Board.The Supervisory Board was approved by shareholders at the Annual General Meeting in June 2026 and held its first meeting on 6 October 2026.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Full profiles of the Supervisory Board members can be found here.Swift is a global member owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging and standards for communicating, and we offer products and services to facilitate access and integration, identification, analysis and regulatory compliance.Our messaging platform, products and services connect more than 12,500 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories. While Swift does not hold funds or manage accounts on behalf of customers, we enable our global community of users to communicate securely, exchanging standardised financial messages in a reliable way, thereby supporting global and local financial flows, as well as trade and commerce all around the world.As their trusted provider, we relentlessly pursue operational excellence; we support our community in addressing cyber threats; and we continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Our products and services support our community’s access and integration, business intelligence, reference data and financial crime compliance needs. Swift also brings the financial community together – at global, regional and local levels – to shape market practice, define standards and debate issues of mutual interest or concern.Headquartered in Belgium, Swift’s international governance and oversight reinforces the globally inclusive character of its cooperative structure. Swift’s global office network ensures an active presence in all the major financial centres.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.