Nexus Global Payments welcomes inaugural Chief Executive Officer to lead operationalisation of instant cross-border payment scheme

NGP is pleased to announce the appointment of Andrew McCormack as CEO. This appointment was the result of an extensive global search process facilitated by an appointed global talent acquisition firm. The CEO will lead NGP to establish and operate the Nexus scheme for enabling safe and instant cross-border payments at scale.

Andrew brings more than two decades of senior leadership experience across global payments, digital infrastructure, and financial innovation. He most recently served as Chief Operating Officer of Etihad Payments, the national payments entity of the United Arab Emirates (UAE), where he played a key role in modernising the UAE’s domestic payment infrastructure. Prior to that, he was the founding Centre Head of the BIS Innovation Hub in Singapore and Chief Information Officer at Payments Canada, where he led the delivery of the country’s real-time payments platform.

“NGP and its transition Board are delighted to welcome Andrew as its inaugural CEO. Andrew brings deep expertise and a strong track record in the faster payments space, combined with proven experience in building and leading early-stage growth institutions. This makes him uniquely well-qualified to lead NGP,” said Benjamin Lee, Interim Director of NGP.

Andrew will be based in Singapore and will oversee the strategic direction, operations, and international growth of NGP as it implements a modern blueprint for cross-border interoperability.

“Nexus will dramatically transform cross-border payments, and it is my honour to be selected to lead this important initiative. The design phase is complete, and the focus is now on building a world-class company and payments platform for the future,” shared Andrew. 

For any additional details please contact NGP at [email protected].