PSR announces board appointments

The Payment Systems Regulator (PSR) has announced that it has appointed Andrew Buckley as a Non-Executive Director (NED) to its board with immediate effect.

Buckley is a Simon Industrial Fellow at The University of Manchester, researching service innovation and central bank digital currencies. He is an experienced Board member with financial services experience including prior roles as a non-executive at Prepay Solutions (UK Fintech) and as Executive Chair for Vocalink Asia Pacific. He currently serves as a Governor at Birmingham City University and Trustee at B:music (Birmingham Symphony Hall).

He has also held executive leadership positions in the payments, telecoms, and IT industries, most recently as Executive Vice President (EVP) at Vocalink for bank payment products and prior to this as EVP for Global Prepaid Solutions and Financial Inclusion at Mastercard. He brings experience of developing new payment services for retailers including loyalty propositions.

Commenting on the appointment, Chair of the PSR Board Aidene Walsh said “I’m very pleased to welcome Andrew to the PSR Board. As we focus on the future of payments in the UK, his wide-ranging experience in the payments, digital and telecoms sectors will add significant strength the PSR Board.”

The PSR has also announced the appointment of Robert Caplehorn as Chair of the PSR Panel with immediate effect.  Natasha De Teran has been serving as Interim deputy Chair.

Caplehorn is a highly experienced NED who has worked for several UK and European based regulated fintech companies. Since the mid-1990s, he has focused on digital payments working with FinTechs developing innovative, new digital payment services, including many years working for PayPal, securing their regulated status in Europe, originally as an EMI in the UK and, later, as a bank based in Luxembourg before relocating to Silicon Valley.  He previously worked for NatWest supporting the payments, electronic banking, and payment cards sectors. He is a lawyer who has worked in the UK, Luxembourg, and USA in industry, government, payments, and banking.