Executive Director for Banking, Payments
Bank of England __ United Kingdom
Victoria Cleland is the Executive Director for Banking, Payments and Innovation. She leads the teams responsible for:
- the operation and strategic development of the Bank’s payment system services, including the UK’s real‐time gross settlement infrastructure (which settles around £685 billion of sterling payments and securities transactions each day)
- the Bank’s wholesale and retail banking operations, including the provision of emergency liquidity assistance.
Victoria is the chair of the Committee of Payments and Market Infrastructures Task Force on Cross Border Payments. She is also a member of our RTGS/CHAPS Board, which provides strategic leadership for our RTGS (real-time gross settlement) infrastructure and CHAPS payment system.
Victoria has held several senior positions in a range of areas at the Bank of England. Most recently, as Chief Cashier, she was responsible for banknotes (from design to distribution) and led our work on digital currencies.
Before that she was Deputy Head of the Special Resolution Unit, and previously Private Secretary to the Deputy Governor. Her previous roles also included overseeing payment and settlement systems, financing small businesses and graduate recruitment.
Victoria is the executive sponsor of our staff disAbility Network and Bicycle Users Group and is a Board Member of the Business Disability Forum.
Victoria has a degree in Philosophy, Politics and Economics from Oxford University and Master of Business Administration (MBA) from Imperial College London.
Panel __ Reinventing currency management post-COVID
The pandemic has affected all sectors of the economy and in some countries has a detrimental influence on the use of cash in transactions. How does this influence the future of cash management? The panel will discuss the effects of COVID on the use of cash and how two large central banks will plan for the future.