Tracey – who was appointed group head of corporate, public and regulatory affairs at Standard Chartered earlier this year – will lead on fraud and financial crime detection and prevention at the new trade association.

The organisation will represent over 300 UK firms providing credit, banking, markets- and payment-related services.

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The members of UK Finance offer a wide range of financial and advisory services across both mutual and corporates, representing regional, national, domestic and international businesses.
 

Stephen Jones, CEO of UK Finance

UK Finance is headed by CEO Stephen Jones, who has almost 30 years of experience in finance, including time served at Santander, Barclays, Citigroup and Schroders.

Stephen said: “The UK’s finance and banking sector is undergoing an exciting transformation with innovation and technology revolutionising customer services: from tapping a card or mobile phone to make payments, securing a mortgage via video chat or using big data to combat financial crime, the boundaries between banking services are blurring, enabling the industry to become more efficient and customer-focused.

“For the UK’s finance and banking sector, these changes present new opportunities and fresh challenges, which require a coordinated voice to best support it going forward.

“UK Finance will be that fresh voice; representing credit, banking, market- and payment-related services across the UK and bringing together the expertise and reach of the constituent organisations to achieve the best outcomes for our members and their customers.”