Crypto Means Business

HSBC Executive and SWIFT Board Member Joins Ripple

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The city of London is a burgeoning center of fintech in Europe. Photo: kloniwotski

Today, we announced the appointment of Marcus Treacher as Global Head of Strategic Accounts. In this role, he’ll scale our strategic accounts team and drive our continued growth in Europe and around the world.

Treacher brings more than 30 years of experience in transaction banking and payment system technology, including global leadership roles at HSBC, Citigroup, and Accenture. He also served as a member of the Global Board of SWIFT from 2010 to 2016.

Treacher joins Ripple from his recent position as HSBC’s Global Head of Payments Innovation, where he established a new team that applied emerging fintech to solve customer challenges in payments, trade and supply chain. Projects under his leadership included establishing alternative models for international mobile payments and driving the adoption of blockchain and distributed ledger technologies.

Treacher also brings experience working with global industry communities, organizations and governments to shape new financial and payment practices. For example, he chaired SWIFT’s global advisory body for corporates from 2010 to 2016, and most recently launched an innovation center in collaboration with the Monetary Authority of Singapore.

Treacher brings a phenomenal amount of experience working within financial institutions to implement and create better systems for payments, and we’re proud to have him join our team. Throughout his career he’s created initiatives to help banks stay ahead of the trends, and his insights and expertise will be invaluable as we help our customers improve the way value moves around the world.

Based in our London office, Treacher will apply his extensive background in payments and banking infrastructure to help implement and commercialize Ripple’s distributed financial technology on a global scale.

Read the full press release here.


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