OTTAWA, February 26 2018 – Payments Canada, the country’s financial market infrastructure for payments, today welcomed Sue Hutchison to its Executive Leadership Team as Chief Commercial Officer.
Ms. Hutchison joins Payments Canada following 20+ years’ experience at global financial institutions in retail and commercial banking and at one of Canada’s largest fintechs focused on digital payment technology. She also has extensive experience in strategic innovation and business transformation building market leading strategies and client delivery programs.
Previously, she held the positions of Group Head and Canada Country Manager at Finastra (formerly D+H). Prior to Finastra, she held Senior Vice President roles at HSBC and Bank of America.
“Sue joins us at a key juncture, as our Modernization program shifts into execution,” said Gerry Gaetz, President & CEO of Payments Canada. “She brings deep industry knowledge and a strong passion for payments innovation and client experience that will benefit the program, our organization and industry participants.”
About Payments Canada
Payments Canada ensures that financial transactions in Canada are carried out safely and securely each day. The organization underpins the Canadian financial system and economy by owning and operating Canada’s payment clearing and settlement infrastructure, including associated systems, bylaws, rules and standards. The value of payments cleared by Payments Canada’s systems in 2017 was approximately $50 trillion or $200 billion every business day. These encompass a wide range of payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, pre-authorized debits, direct deposits, bill payments, wire payments and cheques. Payments Canada is a proud supporter of the Catalyst Accord and The 30% Club.
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