Movers and Shakers


Trump Taps Wall Street Legal Vet Clayton to Lead SEC

President-elect Donald Trump will nominate Jay Clayton to head the Securities and Exchange Commission (SEC). A partner with law firm Sullivan & Cromwell specializing in mergers and securities offerings, Clayton has advised on many major investment banking deals, including the record-breaking IPO of Chinese e-commerce giant Alibaba in 2014.

People on the Move: John Incandela, Pango

John Incandela has been named president and CEO for the U.S. operations of Pango, a provider of mobile payment services for parking, transit, ride-hailing and other urban services.

People on the Move: Ruth Prior, Worldpay

Ruth Prior, currently deputy CFO at global payment processor and technology provider Worldpay, will become the company’s first chief operating officer.

People on the Move: Steve Pruitt, Americhip

Steve Pruitt has taken on the role of director of new business development for the Americhip Gift Card Group, a provider of print, specialty packaging, shopper marketing and gift card programs.

People on the Move: Jo Kenrick, Bacs Board

Jo Kenrick has been named an independent director on the board of Bacs Payment Schemes Ltd., the network behind the clearing and settlement of U.K. automated payment methods, direct debit and Bacs direct credit, as well as the Current Account Switch Service and the Cash Isa Transfer Service.

Company on the Move: GlobalPlatfom, New China Task Force

GlobalPlatform, an industry body which standardizes the management of applications on secure chip technologies, has launched a China Task Force to give Chinese members and all GlobalPlatform members with business interests in China a dedicated platform to identify and agree on requirements from the region and work directly with Chinese industry and standards associations.

People on the Move: Ulrica Falkenberg, Trustly

Stockholm-based payments provider Trustly has hired Ulrica Falkenberg as head of people operations, where she will be tasked with supporting the company’s growth and doubling the staff from 130 to 250 in the next year.

People on the Move: Kathleen Campbell, Marce Rose, Arroweye Solutions

Kathleen Campbell, quality manager for card marketing and production firm Arroweye Solutions, has passed the International Card Manufacturers Associations’ (ICMA) ACE-P certification. Campbell joins Marce Rose, Arroweye’s operations manager, who recently received both the ACE-P and ACE-M certifications.

People on the Move: Shazia Manus, TMG

Shazia Manus, CEO of payments processor The Members Group (TMG), has been recognized by her alma mater, Iowa State University (ISU), for her commitment to driving economic growth in the financial services industry.

People on the Move: Jay Arbabha, CPI Card Group

Card fulfillment and manufacturing specialist CPI Card Group has appointed Jay Arbabha as chief technology officer, responsible for leading the development of CPI’s technology strategy and IT operations.

People on the Move: Morris Morgan, OCC

The U.S. Office of the Comptroller of the Currency has named Morris Morgan as the agency’s senior deputy comptroller for large bank supervision.

People on the Move: Tiffani Montez, Aite Group

Financial services research and advisory firm Aite Group has hired Tiffani Montez as a senior analyst in its retail banking and payments practice, where her research will span card issuance for prepaid, credit and debit cards.

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