Mike Chambers joins CIP as Non-Executive Director

As part of its continued growth strategy, Card Industry Professionals (CIP) is delighted to have appointed Mike Chambers as a Non-Executive Director. 

Mike has a rich and varied career in the UK’s payment industry and brings a wealth of Fintech knowledge and experience. Mike was Chief Executive of Bacs Payment Schemes Limited (Bacs), the UK’s biggest retail payment system, from 2004 until 2018. During this time, he successfully supported the business through a record number of payment processing, technological and innovative customer propositions including the market adoption of the CASS and Cash ISA Transfer service to name but a few.  

CIP Founder, Ciaran Savage, explains: “CIP has an exciting growth plan, and with the recently closed investment round, we are pushing forwards with a number of strategic decisions and key hires within the business to support our continued development.

NEDs bring complementary skills, experience and knowledge to the boardroom. We are delighted to have attracted someone of the calibre of Mike Chambers, a recognised authority in the payment industry. Mike’s advice will be invaluable as we continue to shape our business model

Mike Chambers said:

I’m delighted to join the Card Industry Professionals (CIP) team as a Non-Executive Director and be part of their amazing growth story. CIP was formed to ensure all businesses access the latest and most relevant card payment solutions and alternative payment options. At its core, CIP believes in developing long term relationships with businesses, boosting confidence, and building trust in the products and services they offer. Based on strong foundations, CIP is focused on supporting UK businesses to recover from the COVID pandemic and embrace the UK’s increasingly digital society. These are exciting times for Fintech, and it’s clear that CIP is making a significant and innovative contribution to the UK’s payment processing industry.

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