Interac appoints Jeremy Wilmot as CEO

By Delisha Fernandes

Interac has announced that Jeremy Wilmot has been appointed as the company’s new President, Chief Executive Officer, and Director of the Board, effective August 1, 2023.

Mr Wilmot succeeds Mark O’Connell, who will support the transition in an advisory capacity until his retirement on October 31, 2023. Mr Wilmot joins Interac from ACI Worldwide, a real-time payments processing software solutions, where he was most recently Chief Product Officer, having previously held the titles of Group President and Chief Marketing & Revenue Officer.

“Jeremy is a seasoned leader who has worked on the leading edge of technology and payment innovation in competitive global markets, and his deep experience will serve the company well as it embarks on its next phase of growth,” said Paul Vessey, Chair of the Interac Corp. Board of Directors. “I also want to pay tribute to Mark O’Connell, a remarkable leader who has built Interac into one of Canada’s leading and most trusted financial brands.”

“Interac connects the FinTech ecosystem, and I am delighted to join a company that is collaborative, innovative and progressive at its core,” said Jeremy Wilmot, Incoming President and CEO of Interac. “I look forward to working with the team behind the company’s ubiquitous products and solutions, as well as with our partners and customers, to drive growth and deliver further value in the lives of Canadians.”

“Interac plays a critical role in the Canadian FinTech ecosystem by connecting buyers, sellers and service providers in ways that deliver shared value to our partners and propel the Canadian economy,” said Mark O’Connell, President and CEO of Interac.

Interac provides Canadians to transact digitally with confidence by providing payment and value exchange services. It enables payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritising interoperability, security, privacy, and inclusivity.