The Bank for International Settlements (BIS) has appointed heads at the BIS Innovation Hub’s centers in Singapore and Switzerland.
In a Feb. 19 announcement, the BIS revealed that Andrew McCormack — who currently serves as chief information officer at payment clearing and settlement firm Payments Canada — will now be the head of the BIS Innovation Hub Centre in Singapore. At the same time, Morten Bech, Head of Secretariat for the Committee on Payments and Market Infrastructures (CPMI) at BIS, will manage the Hub Centre in Switzerland.
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