ElseWare

Our Board Members

Our Board Members

russell

Russell Saunders

Chair-UK

Russell, with 30 years C suite experience in Global Banking also served as a NED on SWIFT, Pay.UK and Bank of England committees. Leadership roles included being part of the exec team, successfully executing one of largest banking mergers globally. Russell’s current Non Executive portfolio includes the role of SID and Risk Chair of a UK Licensed Global Bank, Chair of a Payment’s start up and advising global firms including Accenture.

russell

Russell Saunders

Chair-UK

Russell, with 30 years C suite experience in Global Banking also served as a NED on SWIFT, Pay.UK and Bank of England committees. Leadership roles included being part of the exec team, successfully executing one of largest banking mergers globally. Russell’s current Non Executive portfolio includes the role of SID and Risk Chair of a UK Licensed Global Bank, Chair of a Payment’s start up and advising global firms including Accenture.

Dave has over 25 years’ business and IT experience, having worked with most of the major UK banks and many other financial institutions in both business development and delivery roles.

His track record is heavily focused on payments, mostly from a vendor perspective. Dave has held senior posts in equensWorldline, VocaLink, Coopers and Lybrand, Logica, Wincor Nixdorf and other IT consulting companies.

Dave has also been heavily Involved in payments industry discussions and initiatives on Digital Identity and served as a member of the Participants Advisory Council from 2018-2022.

dave

Dave Allen

Non-Executive Director

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Dave Allen

Non-Executive Director

Dave has over 25 years’ business and IT experience, having worked with most of the major UK banks and many other financial institutions in both business development and delivery roles.

His track record is heavily focused on payments, mostly from a vendor perspective. Dave has held senior posts in equensWorldline, VocaLink, Coopers and Lybrand, Logica, Wincor Nixdorf and other IT consulting companies.

Dave has also been heavily Involved in payments industry discussions and initiatives on Digital Identity and served as a member of the Participants Advisory Council from 2018-2022.

ummair

Ummair Butt

Chief Executive Officer

Ummair has over 23 years of experience working in and managing various businesses. He started off as accountant for a London-based buying group where he contributed towards the Bacstel-IP platform from an industry perspective in early 2000.​

Ummair started Direct Debit System LLC in UAE in 2017, with the innovative idea that a new direct debit service in the UAE must be aggregated & that APIs must be standardised. The fintech was listed in top 24 most innovative start-ups in the UAE Government-run Innovation Fund, competing against over 800 competing pitches from around the world​

ummair

Ummair Butt

Chief Executive Officer

Ummair has over 23 years of experience working in and managing various businesses. He started off as accountant for a London-based buying group where he contributed towards the Bacstel-IP platform from an industry perspective in early 2000.​

Ummair started Direct Debit System LLC in UAE in 2017, with the innovative idea that a new direct debit service in the UAE must be aggregated & that APIs must be standardised. The fintech was listed in top 24 most innovative start-ups in the UAE Government-run Innovation Fund, competing against over 800 competing pitches from around the world​

Alistair is a highly experienced CIO commanding over 20 years’ experience in leading major architectural design across Banking, specialising in Payments.

Banking Clients include Deutsche Bank, UBS, HSBC and Lloyds Banking Group as well as regulatory interaction with the Bank of England and the Financial Conduct Authority.

Architecture experience includes leading the New Payments Architecture design for Pay.UK, establishing and leading architecture functions from greenfield to execution, front to back functional design, strategic technology roadmaps, end to end process transformation.

Alistair

Alistair Davis

Chief Information Officer

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Alistair Davis

Chief Information Officer

Alistair is a highly experienced CIO commanding over 20 years’ experience in leading major architectural design across Banking, specialising in Payments.

Banking Clients include Deutsche Bank, UBS, HSBC and Lloyds Banking Group as well as regulatory interaction with the Bank of England and the Financial Conduct Authority.

Architecture experience includes leading the New Payments Architecture design for Pay.UK, establishing and leading architecture functions from greenfield to execution, front to back functional design, strategic technology roadmaps, end to end process transformation.

nick

Nick Masterson-Jones

Advisor to the Board

Nick Masterson-Jones brings some 38 years of experience in the financial sector to DDSL, having worked at a range of institutions, including JP Morgan, UBS, Deloitte, VocaLink, Travelex, Western Union and Monzo.

At VocaLink, Nick led the award-winning NewBacs programme that replaced the UK Bacs infrastructure in a seamless big-bang implementation. He also ran the the Faster Payments programme, a world-first for retail account-to-account payments. He went on to run the UK transaction processing business.

Nick’s payments expertise is also international, having been CIO at Travelex Global Business Solutions and subsequently Western Union Business Solutions where he served on the board. At Monzo he established the payments infrastructure and has continued to be active in the UK payments arena, serving on Pay.UK’s Participants Advisory Council.

Nick is Head of Consulting at Charteris where he undertakes a range of activities including advising clients on payments technology, market entry strategy, due diligence for P.E. firms, performing interim roles for start-ups and acting as an expert witness in legal disputes.

He is passionate about operational resilience and leveraging new technologies to enable innovation.

nick

Nick Masterson-Jones

Advisor to the Board

Nick Masterson-Jones brings some 38 years of experience in the financial sector to DDSL, having worked at a range of institutions, including JP Morgan, UBS, Deloitte, VocaLink, Travelex, Western Union and Monzo.

At VocaLink, Nick led the award-winning NewBacs programme that replaced the UK Bacs infrastructure in a seamless big-bang implementation. He also ran the the Faster Payments programme, a world-first for retail account-to-account payments. He went on to run the UK transaction processing business.

Nick’s payments expertise is also international, having been CIO at Travelex Global Business Solutions and subsequently Western Union Business Solutions where he served on the board. At Monzo he established the payments infrastructure and has continued to be active in the UK payments arena, serving on Pay.UK’s Participants Advisory Council.

Nick is Head of Consulting at Charteris where he undertakes a range of activities including advising clients on payments technology, market entry strategy, due diligence for P.E. firms, performing interim roles for start-ups and acting as an expert witness in legal disputes.

He is passionate about operational resilience and leveraging new technologies to enable innovation.

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