SWIFT has appointed Cheri McGuire as its chief technology officer (CTO).

SWIFT is a co-operative which provides a global network that allows financial institutions to send and receive information about financial transactions.

The organisation said it currently works with 11,000 institutions and 4 billion accounts in 200 countries.

McGuire was previously group chief information security officer (CISO) at Standard Chartered PLC.
During her time at Standard Chartered between 2016 and 2019 McGuire established a new global cyber risk management function across 60 countries and 85,000 employees according to SWIFT.

The executive has previously led cybersecurity policy and programmes at Microsoft and cybersecurity vendor Symantec and was director of the National Cybersecurity Division and US Computer Emergency Readiness Team within the US Department of Homeland Security.

McGuire is set to oversee the co-operative’s core infrastructure to ensure it remains strong, resilient, and secure.

McGuire begins the job today and will also serve on SWIFT’s executive committee, reporting directly to SWIFT chief executive Javier Pérez-Tasso

“I was immediately impressed both by Cheri’s extensive knowledge in the cyber domain but also her experience and strategic understanding of technology transformation taking place within the financial services industry,” said Pérez-Tasso. “I am confident in her leadership capabilities to drive our own technology platform transformation as we continue to execute on our strategy, while also ensuring high levels of trust within the community on operational excellence, business continuity and risk and control.”

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