NPSO appoint chief risk officer

New Payment System Operator (NPSO) has appointed Geoff Close as its new Chief Risk Officer, effective April 3, 2018. Close currently serves as the interim COO and CRO at the NPSO.

About the Role

Geoff Close brings over 20 years of experience in the retail, commercial, and institutional banking sectors. He has previously held CRO roles at GE Capital and FIS, where he also served as COO.

Leadership Perspective

Paul Horlock, CEO of the NPSO, stated: “Geoff has been invaluable to the NPSO in his interim role and will be an excellent chief risk officer. I’m delighted that he is able to join us in our challenge to manage risks while enabling a vibrant UK economy for the benefit of everyone.”

Geoff Close added: “The NPSO aspires to be the industry leader for managing risk, reliability, and resilience in relation to payments, standards, and overlay services. We will satisfy the requirements of our regulators, delivering a robust payments infrastructure, creating a foundation of market standards, and carefully managing an end-to-end governance model which can be easily adopted by the market.”