David Geale is the Interim Managing Director of the UK's Payment Systems Regulator (PSR) and has a strong background in financial regulation. He was previously the Director of Retail Banking at the Financial Conduct Authority (FCA), where he managed supervision and policy. David has also been a non-executive director on the PSR Board since February 2020.
David was appointed as the interim managing director of the PSR on June 4, 2024, taking over from Chris Hemsley. His interim position will last for nine months while the PSR looks for a permanent managing director. With his extensive experience in payments and retail banking, David is well-equipped to lead the PSR during this important period.
His leadership will be crucial in addressing the changing payments landscape, both in the UK and abroad. Aidene Walsh, Chair of the PSR, praised his appointment, highlighting his ability to meet the key goals in the PSR's annual plan and mid-year strategy review. David's role is essential for maintaining continuity and stability as the organization adapts to ongoing changes in the payments sector.
