People on the Move: Marcus Treacher, Ripple
Ripple, a global provider of financial settlement solutions, has hired Marcus Treacher as global head of strategic accounts. Treacher brings more than 30 years of experience in transaction banking and payment system technology, including 12 years in global leadership roles at HSBC. He also served as a member of the global board of SWIFT from 2010 to 2016. Most recently, Treacher served as HSBC’s global head of payments innovation where he established a new team focused on applying emerging fintech to solve customer challenges in digital payments, trade and supply chain. Projects under his leadership included establishing an alternative to traditional models for international mobile payments, and driving the adoption of blockchain and distributed ledger technologies.
Treacher will join Ripple’s European headquarters in London where he’ll apply his extensive background in payments and banking infrastructure to help implement and commercialize Ripple’s distributed financial technology on a global scale, the company said.