The new super-trade body will bring together six trade associations when it launches this summer: the Asset-Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. In March it was confirmed that it would be called UK Finance.
Jones (pictured) will be tasked with helping the trade body play a “constructive and effective role” in ensuring the future health of the financial services industry. He has worked in finance for nearly 30 years, for organisations including Santander, Barclays, Citigroup and Schroders.
Jones said: “We will serve our members by helping them build a more customer-focused and innovative finance and banking sector for the benefit of the UK economy as a whole.”
Bob Wigley, who was appointed chairman of UK Finance back in March, added: “He will bring drive and focus to the integration, and has the experience and vision to develop UK Finance into a world class organisation working on behalf of its members and millions of customers, small and large, across the financial services sector.”