OpenPayd is pleased to announce that Ruth Evans has been appointed as an Advisor to the Board. Ruth has extensive expertise in corporate governance and financial services and will support us in our expansion into new markets.
Ruth’s career history speaks for itself. With a forty-year track record and significant board-level experience of representing public and consumer interest across a wide range of industries, Ruth will focus on OpenPayd’s commitment to strong corporate governance and culture.
Ruth is Chair of Stop Scams UK, an industry led collaboration supported by the Financial Conduct Authority and Ofcom which aims to reduce the 3.8 million instances of fraud affecting individual consumers every year in the UK. Prior to her role at Stop Scams UK, she chaired a forum of banks and consumers that delivered the APP banking code (May 2019) which reimburses victims of Authorised Push Payment scams.
Before that, Ruth chaired the Independent Parliamentary Standards Authority, which provided independent regulation of MPs’ business costs, pay and pensions in the wake of the expenses scandal.
Ruth was also Chair of the Payments Strategy Forum, where she helped deliver an operational blueprint for a new payments architecture in the UK. She has also held several commercial non-executive director roles at the Serious Fraud Office, CPP Group UK, Nationwide Building Society and LV.
This extensive experience will help support OpenPayd’s continued growth, with particular focus on our commitment to strong corporate governance. It will help us to continue offering our enterprise banking and payments solutions in new and emerging markets. “As the banking and payment industry rapidly evolves to accommodate the changing technology landscape, staying ahead of any regulatory and governance requirements is imperative,” says Iana Dimitrova, CEO of OpenPayd. “We’re delighted to welcome Ruth onboard and benefit from her expertise and guidance on best practices.”
“With OpenPayd continuing to expand its business, it’s an exciting time to be working alongside the Board of Directors,” adds Ruth. “I look forward to bringing my experience from within the banking and regulatory sectors to support OpenPayd’s next phase of growth.”
Welcome to the team Ruth.