Swift appoints Stephen Grainger as Chief Executive for the Americas & UK region

By Edlyn Cardoza

Swift today announces the appointment of Stephen Grainger as the Chief Executive for the Americas & UK Region. Grainger was most recently Executive Vice President at Mastercard, leading the development and commercialisation of its global Cross-Border Services business, servicing banks, digital platforms, and non-bank financial institutions (NBFIs).

Rosemary Stone, Chief Business Development Officer, Swift, said, “Stephen’s industry experience makes him ideally qualified to lead our Americas and UK businesses into the next stage of growth, as we continue to deliver our strategic objectives to best serve the Swift community.”

Starting in his new role at Swift today, Grainger will drive the region’s overarching direction and growth, focusing his efforts on further developing strategic customer relationships, supporting customers as they work to transform the cross-border payment experience for their end clients, and working with securities players to improve the efficiency of post-trade processing.

Grainger brings two decades of global industry experience in the banking world and an insightful perspective into the Swift business, having previously served in senior business development roles at the cooperative. A leader in the payments industry, he has also held positions at Goldman Sachs, Bank of America, and Citigroup.

Stephen Grainger, Chief Executive for the Americas & UK region, Swift, added, “I am delighted to be returning to Swift at this particularly exciting stage in the organisation’s development. I greatly look forward to supporting the business as it works to transform cross-border payments and securities processing for the benefit of the financial industry.”

Swift is a global member-owned cooperative and the world’s leading provider of secure financial messaging services. They provide their community with a platform for messaging and standards for communicating, and they offer products and services to facilitate access and integration, identification, analysis, and regulatory compliance. Their messaging platform, products, and services connect more than 11,000 banking and securities organisations, market infrastructures, and corporate customers in more than 200 countries and territories.