The Payment Systems Regulator has appointed two new senior advisers. Kate Fitzgerald and Richard Feasey both started work with the PSR on 11 May 2020. 

Senior Advisers provide advice and challenge on the implications of policy decisions and enforcement, helping the PSR understand where its focus should be, how to analyse particular issues and take decisions on how best to regulate payment systems.

Reflecting their experience, Kate brings additional skills and experience of how best to manage transformation within payment firms and systems, while Richard brings extensive cross-sector experience of regulatory economics and competition. Both will advise the organisation across the breadth of its work. Kate and Richard will attend the PSR’s Executive Committee meeting.

Chris Hemsley, the PSR’s Managing Director, said

"Kate and Richard come with a huge amount of experience in payments, banking, economics and public policy and will provide important advice and challenge to me and my teams as we deliver and develop our work programme. 

“The payments landscape has always been a fast-changing one, with the growth in digital payments and renewal of much of the infrastructure behind interbank payments, as well as the need to react to the changes brought about by the Covid-19 pandemic. I’m delighted to have Kate and Richard join us as this important time.

“I’d also like to take this chance to say a huge thank you to our two outgoing senior advisers, David Saunders and Fod Barnes, who step down in May and August respectively. Their advice and support through the earlier years of the PSR’s life has helped us make good decisions and ultimately improve outcomes for all users of payment systems."