The Pensions Regulator’s chief executive Nausicaa Delfas has been appointed as a non-executive director of The Centre for Finance, Innovation and Technology (CFIT).
CFIT seeks to unlock the barriers to growth in the fintech sector to help the UK retain its leading position in the global financial market. It was launched in 2023 and initially funded via seed money from both HM Treasury and the City of London Corporation.
The body aims to bringing together stakeholders from finance, technology, academia, regulators, government and industry to identify emerging problems facing the sector. It is involved in providing research and data for the industry and policymakers, tackling specific issues facing the industry, and helping with ‘pre-product’ development and scaling innovation.
This appointment comes as CFIT makes other changes to its board, including appointing a former pensions minister to be its new chair. Chris Pond, a pensions minister in the Blair government will replace Charlotte Crosswell as its chair.
Delfas, chief executive of TPR says: “I am delighted to be joining the board of CFIT at such a pivotal time. Supporting innovation in financial services, including pensions, is essential to improving outcomes for consumers and businesses, driving growth and enhancing the UK’s global competitiveness.
“CFIT plays a vital role in bringing together industry, government and regulators to unlock the potential of technology and data, and I look forward to contributing to its important mission.”