The FCA-regulated digital payments processor PPRO has appointed former SWIFT CEO Lázaro Campos as its first independent chairman to strengthen its board and governance in the next phase of the company’s growth trajectory. According to his LinkedIn profile, Campos is also a Non-Executive Director at the UK-based FinTech unicorn Starling Bank.
At PPRO Campos takes over from Tim van Delden, representative and Managing Partner of PPRO shareholder HPE Growth, who served as Chairman of the Board through the last stage of PPRO’s rise. Van Delden is now Vice Chairman of the Board. Campos was officially appointed Chairman on 25 April.Campos spent nearly 25 years at SWIFT where he held numerous positions before serving as CEO. A seasoned, non-executive director, Campos also holds board positions at Starling Bank, payments platform Payoneer, is an independent member of the Bank of England’s RTGS/CHAPS Board, and chairman of open banking platform DirectID.
Simon Black, CEO of PPRO, said “Lázaro is a highly respected and inspiring industry leader, bringing with him extensive, global payments infrastructure experience from leading SWIFT. His track record in global payments will be key in preparing us for the next stage in our evolution. I’m thrilled to have him steering the PPRO board as our first Independent Chairman and look forward to working with him.”
Commenting on his new post, Campos says: “Adding an independent chairman demonstrates that PPRO is serious about good governance and best practices, and I am excited to be contributing to the growth of such a pioneer in the digital payments infrastructure space. PPRO is perfectly positioned to solve cross-border complexity, increase access to the payment methods consumers need – wherever they are – and enable payment service providers, enterprises, fintechs and banks to expand to more markets and boost revenue.”