We have confirmed the appointment of Aidene Walsh as Chair of the Payment Systems Regulator for a three-year term.

Aidene has been the interim chair of the PSR since April 2022. The appointment was made by the FCA Board with the approval of the Treasury.

Richard Lloyd OBE, Interim Chair of the FCA, said:

‘I warmly congratulate Aidene on her appointment. The Payment Systems Regulator fulfills a vital role in enabling sustainable innovation, protecting consumers, and promoting competition in payments, and the FCA looks forward to continuing to work closely with Aidene and her team.’

Aidene Walsh, Chair of the Payment Systems Regulator, said:

‘I am delighted to have been appointed Chair of the PSR at such an important time for UK payments and the wider economy.

‘The next couple of years will see the delivery of vital developments in payments as well as new innovations. The PSR will continue to work with payment operators and firms, consumer and business groups, and other regulators to ensure that the UK’s payment systems are fit for the future and that the wider ecosystem delivers competition and innovation. It will also ensure that choice and protection are front and center when people and businesses make payments and take appropriate action where this is not the case.’