UK Finance appoints economic crime and payments innovation strategy leads

UK Finance, the body representing the UK’s finance and banking industry, has appointed Karen Baxter to lead its Intelligence Strategy for Economic Crime, and Jana Mackintosh to lead on trade association’s payments and innovation strategy.

Karen Baxter is currently Commander for Economic Crime for City of London Police. With almost 30 years of law enforcement experience, Karen has led the policing response nationally to fraud and financial crime for the last two years, focusing on the role of information and intelligence in the fight against economic crime.

She will lead the development and implementation of a coherent and comprehensive strategy for intelligence sharing across economic and cyber-enabled crime in UK Finance. Karen will report to UK Finance’s Chief Executive and the Chair of the Economic Crime Product and Service Board.

Jana Mackintosh joins UK Finance from FIS where she is currently Director for Government Relations and Public Policy. In her newly created role at UK Finance, Jana will be responsible for leading the trade body’s payments and innovation policy and programme development.

In 2014, she joined the Financial Conduct Authority (FCA) to deliver on its newly formed competition mandate, which subsequently led to the creation of the Payment Systems Regulator (PSR).

She went on to establish the PSR and develop its initial regulatory and policy strategy, delivering its first market review and implementing key pieces of regulation, including the second Payment Services Directive. Prior to this, Jana worked for several leading consultancies, including KPMG.

Jana will also join the organisation in September this year, reporting to UK Finance’s Chief Executive and the Chair of its Payments Products and Services Board.

“The challenges to tackling economic crime are both diverse and growing and it’s vital that the public and private sectors play their parts in helping prevent this scourge on our society. Intelligence sharing of criminal activity is key in achieving this and I look forward to working with UK Finance’s team, members and partners in helping the industry tackle economic and cyber-enabled crime,” said Karen.

“Having worked closely with UK Finance since its formation, I am very much looking forward to joining the team and supporting our members as they face a series of ‘in-flight’ mandatory change programmes while also navigating the challenges and opportunities presented by innovation and digital technologies,” added Jana.

“Karen and Jana both bring a wealth of knowledge and expertise, which I know will prove to be significant assets to the UK Finance team and invaluable to all our members in this sphere. We are very much looking forward to their both joining us in these key roles,” said Bob Wigley, Chair at UK Finance.