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Payments Council appoints two new independent directors

26 January 2012
The Payments Council is pleased to announce the appointment of two new Independent Directors to its Board.
Clare Spottiswoode CBE and Gerard Lemos CMG join the Council’s two other Independent Directors and its Independent Chairman. They will take up their new roles immediately.  

As non-banking representatives, the four Independent Directors and Chair are responsible for ensuring that the needs of consumers and businesses both drive and shape the Payments Council’s strategy, which in turn directly impacts how we all make and receive payments. Together, the Independent Directors have the power to block any decision of the Board that they do not feel is being made in the interests of customers.  

Adrian Kamellard, Chief Executive of the Payments Council says:
“It is fantastic to have two individuals of this calibre joining our ranks. Our Independent Directors have a vital role, making sure that consumers and businesses come first whenever the Payments Council plans or delivers change.  The payments industry provides essential services and its importance to customers and the economy has never been greater, and it is important that we do things right.

Clare and Gerard join us whilst we are in the middle of our governance review and ahead of the Treasury’s own consultation on the regulatory framework for the payments industry; they will be major assets for our Board as we shape the future of the industry.”

Clare and Gerard are replacing Professor Martin Cave and Moira Black on the Payments Council Board who have completed their term.


Pictures of Ms Spottiswoode and Mr Lemos are available on request.

For a full list of Payments Council Board members please click here

For further information contact the Payments Council press office on 020 3217 8234/8340/8441/8251 or email



About Clare Spottiswoode CBE
A mathematician and an economist by training, Ms Spottiswoode began her career in H M Treasury before starting her own software company. She was Director General of Ofgas, the UK gas regulator, for five years from 1993 and Deputy Chairman of British Energy from 2002 to 2007.  From November 2006 till end 2009 she was the Policyholder Advocate for Aviva plc. Clare is currently Chairman of Gas Strategies Limited, and also a non-executive director of Energy Solutions Inc and Chairman of Magnox. She is also a non-Executive Director of G4S.  She was a member of the Independent Commission on Banking (known as the Vickers Commission) which reported in September 2011, and whose recommendations are currently the subject of proposed legislation.


About Gerard Lemos

Gerard Lemos leads the research team at Lemos&Crane. He is the author of several books and numerous reports about social policy. In September 2010 he became Chairman of the Money Advice Service. He is also Vice-President of the British Board of Film Classification. He was Chairman of the Lending Standards Board and formerly, the Banking Code Standards Board from 2005 until 2011.  He also chaired the Board of Trustees of the British Council in 2009/10 having been a trustee since 1999 and Deputy Chair from 2005. He was a visiting Professor at Chongqing Technology and Business University in China from 2006 to 2010. Gerard has formerly been an Audit Commissioner, a Civil Service Commissioner and a non-executive director of the Crown Prosecution Service. He received a CMG for services to the British Council in 2001.


About Payments Council

The Payments Council is the body with responsibility for ensuring that payment services work for all those that use them in the UK.  This unique role ensures that we listen to a wide range of stakeholders to drive innovation in payments and implement change so that individuals and businesses have access to payments for their current and future needs.  We are, by nature, a collaborative body so we work with the financial institutions in the payments industry as well as listening to the voices of our external stakeholders. The Payments Council has three core objectives: to have a strategic vision for payments and lead the future development of co-operative payment services in the UK; to ensure payment systems are open, accountable and transparent; and to ensure the operational efficiency, effectiveness and integrity of payment services in the UK. 

The Payments Council was set up in March 2007 and currently there are 31 members; the Board has 11 industry representatives, four independent Directors and an independent Chairman. The principal UK payment schemes – Bacs, CHAPS and Cheque & Credit Clearing Companies, LINK ATM Scheme as well as the Belfast Bankers' Clearing Company Limited – have all entered into a contract with the Payments Council to set out their respective rights and duties. Under the contract, schemes are required to report regularly and the Payments Council Board is able to make decisions that are binding on scheme members in order to implement its strategy.  Payments Council also has 23 associate members.

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