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ADRIAN KAMELLARD TO STEP DOWN AS PAYMENTS COUNCIL CHIEF EXECUTIVE

Published by Gbaf News

Posted on August 1, 2014

2 min read

· Last updated: April 21, 2020

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Adrian Kamellard Steps Down as CEO

The Payments Council, the collaborative body for the payments industry, announced Thursday, 31st July that Adrian Kamellard is to step down as Chief Executive. Gerard Lemos, Chairman of the Payments Council, will now become Executive Chairman until a new Chief Executive is appointed.

Gerard Lemos

Gerard Lemos

Chairman Gerard Lemos Comments on Departure

Gerard Lemos, Chairman of the Payments Council, said:

“The Board of the Payments Council, industry and Independent Directors, would like to thank Adrian for the work he has done in leading the Payments Council since 2011. Under his leadership major improvements have been delivered to benefit consumers across the UK, including the Current Account Switch Service and Paym, the new mobile payments service. We wish Adrian all the best for the future.”

Adrian Kamellard Reflects on His Tenure

Adrian Kamellard said:

“I am proud to have led the Payments Council during a period of huge change in the industry. As collaboration in the industry enters a new phase, this is the right time for me to stand down in order to ensure the refocused Payments Council continues to deliver for consumers and the industry alike. I would like to thank the team at the Payments Council for all they have delivered during my time as Chief Executive and the Board for their constant support.”

Adrian Kamellard

Adrian Kamellard

Payments Council Prepares for Regulatory Changes

The Payments Council will be refocusing later this year in preparation for working with the new Payment Systems Regulator (PSR), which is due to become officially operational in April 2015.

Key Takeaways

  • Adrian Kamellard is stepping down as Chief Executive of the Payments Council, effective 31 July 2014.
  • Gerard Lemos, the current Chairman, will serve as Executive Chairman during the search for a new CEO.
  • Under Kamellard’s tenure since 2011, the Council delivered key consumer services like the Current Account Switch Service and Paym.
  • The Payments Council plans to refocus later in 2014 in preparation for the Payment Systems Regulator launching in April 2015.

References

Frequently Asked Questions

Who is stepping down from the Payments Council?
Adrian Kamellard is stepping down as Chief Executive effective 31 July 2014.
Who will lead the Payments Council in the interim?
Gerard Lemos, the Chairman, will serve as Executive Chairman until a new Chief Executive is appointed.
What initiatives did Kamellard oversee?
He led the delivery of the Current Account Switch Service and Paym mobile payments service.
Why is the Council refocusing now?
The refocus is ahead of working with the new Payment Systems Regulator, which becomes operational in April 2015.

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