April 20, 2024
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TerraPay Appoints Louise Brett as Independent Director

Louise-Brett-Terrapay-independent-Director
Louise-Brett-Terrapay-independent-Director

TerraPay Group, a leading global cross-border payments network, announced the appointment of Louise Brett as an independent director of Terra Payment Services (UK) Limited (TerraPay UK). Louise has a wealth of experience and a distinguished career in the financial services industry.

In this role, Louise will serve as a vital liaison between TerraPay, the financial ecosystem as a whole, and TerraPay’s stakeholders to maintain the highest standards of governance, diversity and inclusion, and a culture of compliance. With extensive experience in fintech and financial services, she will bring a unique perspective to the board, enhancing TerraPay’s governance model in line with the company’s growth and ambitions.

Louise’s career includes serving as Vice Chair of Deloitte UK and Head of Fintech and Financial Services Innovation at Deloitte Europe. She has been a driving force in shaping Deloitte’s response to the rise of fintech, promoting financial inclusion and catalyzing local fintech on the global stage. Her strategic vision, hands-on approach and commitment to inclusive leadership have set her apart as a leader in the industry. She has worked across the ecosystem with financial services clients, government agencies, regulators, advisors, venture capital and the entire fintech community. As a former banker and leader, she understands the nuances of balancing strategic vision with the reality of a highly regulated sector. Louise strongly believes in the power of inclusive leadership and diversity of thought to achieve superior long-term success. 

As Chair of the Board and Risk and Compliance Committee (GRC) of TerraPay UK, Louise will play a key role in ensuring the company’s governance model evolves to reflect TerraPay’s decisions and enhance its reputation. Her experience will provide the necessary challenges and guidance, situational awareness and horizon scanning to support TerraPay’s strategic narrative and long-term success.

Ambar Sur, Founder and CEO of TerraPay expressed his enthusiasm for Louise joining the team: “We are delighted to welcome Louise to TerraPay as our UK Independent Director. Her extensive experience and strategic insight will be invaluable in shaping TerraPay’s future. We believe her experience will further strengthen our management standards and make a significant contribution to our growth journey.”

Speaking about her new role, Louise said: “I’m really excited to start this new journey at TerraPay. For fintech companies like TerraPay to scale and grow, it is important to see a determination to match the growth. By understanding regulatory frameworks and principles and committing to innovation, they provide a critical foundation for future success. I look forward to supporting this growth in the coming years.”

Louise is a renowned industry leader and was recently named to the prestigious Women in FinTech PowerList 2022, highlighting her exceptional achievements and influence in the fintech sector. She was previously a board member of the ScaletUp Institute and UK Women in Payments.

With Louise taking on the role of Chairman, TerraPay UK looks forward to her guidance, leadership and strategic insights to navigate the ever-changing payments landscape. Moreover, the company has received authorization as an electronic money institution ( EMI ) in Italy and intends to expand its activities in the country, and then throughout the EU.

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