LINK Interchange Network Limited ("LINK") has announced two new appointments to its senior management team.
Edwin Latter, formerly Head of Payment Systems Oversight at the Bank of England, has been appointed Director of Scheme Management to succeed Howard Aiken on his retirement later this year. Mr Latter will be responsible for managing the operation of the Card Scheme to ensure that it remains the scheme of choice for all shared ATM transactions in the UK .
Graham Mott, latterly Head of ATMs at Abbey plc, has been appointed to the newly created role of Head of Planning and Development (Scheme Management). Mr Mott will be responsible for proactively managing the relationships with the Network Members to define, identify and promote change within the LINK Card Scheme.
Both Mr Latter and Mr Mott take up their duties with immediate effect.
John Hardy , Chief Executive LINK said, "I would like to congratulate Edwin and Graham on their appointments and wish them every success in their new roles. I also particularly want to thank Howard Aiken for his outstanding contribution to the success of LINK over the past fifteen years."
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Information for Editors
LINK Interchange Network Ltd is the Company that provides electronic transaction management services on behalf of the UK 's largest financial institutions and other commercial organisations. The Company manages the Card Scheme and provides the technical and commercial services, including arranging settlement, which make ATM sharing possible on the significant scale now seen. The LINK ATM network is the world's busiest shared ATM network with over 55,000 cash machines deployed and over 101 million LINK-enabled cards in issue. The Company processed and settled over 2.5 billion shared transactions during 2004. It also manages transactions for the basic bank accounts that form part of the Post Office's universal banking services programme and has implemented an ATM prepay top up service on behalf of mobile phone operators. The Company is pursuing opportunities to use its proven, secure and reliable network infrastructure to support the development and implementation of wider transaction management services including the aforementioned services.
of wider transaction management services including the aforementioned services.
