AusPayNet appoints Andy White as new CEO

MEDIA RELEASE

11 February 2019 

AusPayNet appoints Andy White as new CEO

Australian Payments Network (AusPayNet), the payments industry self-regulatory body, today announced the appointment of Andy White as its new CEO.

Mr White’s appointment will take effect on 1 March. He replaces Dr Leila Fourie, who resigned in December, leaving AusPayNet after two and a half years at the helm.

Mr White is currently AusPayNet’s Chief Operating Officer, with responsibilities spanning member services and engagement, IT, project management and compliance.

In this role, he recently led AusPayNet’s development of separate industry frameworks to combat card-not-present (CNP) fraud and to enable open-loop public transit systems in major cities, and its work to create standards that both support innovation at point-of-sale and ensure ongoing security and interoperability in payments.

Mr White’s oversight of member engagement has seen AusPayNet position itself more actively to accommodate emerging and non-traditional payments participants. Recent new AusPayNet members include Google and neo-banks Volt Bank and Xinja.

Mr White joined AusPayNet in 2015 from the Australian Securities Exchange (ASX), where he was most recently General Manager for Settlement Services and prior to that General Manager for Clearing Risk Management. Previously, he held leadership roles at LCH.Clearnet in London, after starting his career at the Bank of England.

AusPayNet Chair, Rob Craig, said: “We are delighted to appoint Andy as AusPayNet’s new CEO. As COO he has led a highly successful member engagement program, as well as key industry initiatives such as for mitigating CNP fraud. Andy’s deep industry knowledge and experience, commitment to innovation and strong standing with AusPayNet’s membership leave him ideally placed to lead our organisation at this time.

“At the same time, the Board thanks Leila for the transformational leadership role she has played at AusPayNet - we wish her well in the next stage of her career.”

Mr White said: “Payments are changing rapidly globally and are delivering exciting benefits to end consumers.  As AusPayNet’s CEO, I look forward to working with our staff, our members and wider industry stakeholders to drive real innovation and improvements in Australia’s payments system.”

As well as his AusPayNet responsibilities, Mr White serves as Deputy Chair of Emerging Payments Association Asia, a member of the Advisory Committee to Australia’s Data Standards Body, and a member of the Board of Advisors to the Payment Card Industry Security Standards Council.

 ENDS

Media contact: Nicholas Owens, Sefiani Communications Group, on behalf of Australian Payments Network: +61 421 977 062, nowens@sefiani.com.au

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