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Banking & Payments Federation Ireland Appoints Brian Hayes as New CEO

6th November 2018

Banking & Payments Federation Ireland (BPFI) has appointed Brian Hayes as its new CEO. This appointment will come into effect from April 2019, once the current European Parliament term has come to an end and all duties of its Members have been completed.

BPFI is the principal voice of the banking, payments and fintech sectors in Ireland, and in his role as CEO, Hayes will be the spokesperson for the industry, representing domestic and international member institutions at both national and international level. Through his extensive knowledge and experience, he will also help shape BPFI policy and provide input on how legislative initiatives impact upon the operations of the industry.

Commenting on the appointment, Jonathon Lowey, President of BPFI said, “We are delighted to confirm the appointment of Brian Hayes as the new CEO of Banking & Payments Federation Ireland.

“His numerous posts over the past decade, including Deputy Finance Minister in 2011, Vice President of the Economic and Monetary Affairs Committee, and the EPP Vice Coordinator on the ECON Committee, make him the ideal candidate for the position. A natural leader, Brian has a track record of delivering on his commitments and overseeing the delivery of complex legislation and developing long-term relationships with key stakeholders, both at home and abroad.

“I would like to thank Maurice Crowley sincerely for taking on the interim CEO position and also thank his predecessor, Noel Brett, for his excellent work. This is a critical time for our organisation. BPFI has been instrumental in setting up the Irish Banking Culture Board, working with its Establishment Office, the Department of Finance and the Central Bank of Ireland. We have also been liaising with government on the IFS 2025 strategy and engaging with the EU Parliament and EU Commission on Brexit, with support from our affiliate, the Federation of International Banks in Ireland.”

Brian Hayes commented: “I am very pleased to confirm I will be taking up the position as CEO of BPFI at the end of my current tenure in the European Parliament. Given my work over the past 10 years, I understand the important role and responsibility of the banking and payments industry to Ireland. There are clearly great opportunities and challenges facing us at present, especially around the questions of trust and confidence in Irish banks. Central to Ireland’s continued economic come back must be a healthy, sustainable and customer focused banking industry.

“I look forward to working with the talented BPFI team and partners, to help reposition the sector as a crucial driver for real investment and growth in Ireland’s future.

“Having worked in Irish and European politics for the last 25 years, I believe this is the right decision, and the right time to make this transition. I remain hugely grateful to the trust placed in me by the public in each of the eight elections I have contested.”

Brian Hayes will be taking over the role from interim CEO Maurice Crowley, who was appointed by the BPFI’s Council Executive Advisory Group (CEAG) in June of this year (2018) following the departure of Noel Brett.

 

For further information, please contact:
Felix O’Regan, Director Public Affairs BPFI, felix.oregan@bpfi.ie
+ 353-1-671 5311
+ 353 – 87-6481644

 

About BPFI
Banking and Payments Federation Ireland (BPFI) is the principal voice of the banking, payments and fintech sectors in Ireland with representative offices in Dublin, Brussels and Frankfurt. It provides representational leadership and advocacy for members through the development of solutions that meet the changing needs of the sector.

BPFI’s affiliates include the Federation of International Banks in Ireland (FIBI), Irish Payments Council (IPC) and Fintech and Payments Association of Ireland (FPAI). BPFI maintains open and sustainable relationships with stakeholders, both nationally and at EU level.

Nationally BPFI works collaboratively with sister organisations including Insurance Ireland, Institute of Banking, Irish Funds, and the Irish Banking Culture Board in the interest of members and the sector. Through its active membership of the European Banking Federation (EBF), the European Payments Council (EPC), the European Mortgage Council (EMC), other sister organisations and its well-established EU and international networks, BPFI are uniquely placed to bring timely representation, and insight to bear on the shape of international regulatory thinking and initiatives.

BPFI’s CEAG (Council Executive Advisory Council) has 7 members: Jonathon Lowey (President, Citadel Securities), Colin Moreland (Chair of FIBI, Citibank), Gavin Kelly (CEO Retail Bank of Ireland), Robert Mulhall (CEO Retail Banking AIB), Jeremy Masding (CEO PTSB), Paul Stanley (CFO Ulster Bank and Acting CEO until August 2018), Wim Verbraeken (CEO KBC).

 

About Brian Hayes
Brian served as a member of both houses of the Irish Parliament from 1996 to 2014. In 2011, he was appointed as Minister of State at the Department of Finance. During his time as Minister of State, Brian attended Eurogroup, ECOFIN and Budgetary Council meetings on behalf of the Irish Government.
Following his election to the European Parliament in May 2014, Brian was appointed to the European Parliament’s Economic & Monetary Affairs Committee, Development Committee and Budgetary Control Committee.

Brian was the European Parliament’s rapporteur for the IORPS II Directive and shadow rapporteur for the Money Market Funds regulation and Pan European Pension Proposal (PEPP). He has also worked on the European Parliament’s report on Fintech and on Third County Equivalence. He is the EPP Vice Coordinator on the ECON Committee. In September 2018 Brian was elected as Vice President of the ECON Committee.

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