BRUSSELS, 1 June 2021 - The European Savings and Retail Banking Group (ESBG)’s Head of Payments and Innovation, Diederik Bruggink, 52, has been appointed as member of the European Commission’s Payment Systems Market Expert Group (PSMEG) from now until the end of 2025. Mr Bruggink was also part of this influential group between 2017 and 2021.

The expert group’s objective is to advise the Commission in the area of payments and to assist the Commission in the preparation of legislative acts or policy initiatives regarding payments, including fraud prevention issues related to payment industry and users. The group is coordinated by the Directorate General for Financial Stability, Financial Services and Capital Markets Union (FISMA).

Diederik Bruggink is also Head of Payments and Innovations at the World Savings and Retail Banking Institute (WSBI). At WSBI-ESBI, Mr Bruggink analyses the multiple dimensions of the payments market, proposing and assisting in agreeing member positions with respect to their payments and related businesses. He advocates the associations’ positions on payments with policymakers, regulators, standardisation bodies, industry associations, and enabling a constant member dialogue on developments, with a particular focus on innovation.

Prior to joining WSBI-ESBG in 2017, he managed since 2012 his own international consultancy practice. In 2009-2012 he was Vice President of card schemes at the Royal Bank of Scotland. Prior to that, he was appointed in 2005 within ABN AMRO’s market infrastructures department as Vice President of payments and cards. He also worked previously with Mastercard where he was a senior business leader in the global debit team. He started his career with Capgemini Global Financial Services in 1996.