Barclays and Brookfield have announced the appointment of Jason Lalor as CEO to lead the Barclaycard Payments acceptance business.

This appointment follows the announcement in April, of a long-term strategic partnership between Barclays and Brookfield to accelerate the transformation of the Barclaycard Payments business.

Mr Lalor brings with him deep experience from across the financial services and Fintech sectors. He’s driven transformational growth within complex global organisations like Mastercard, Conferma and Square, built successful commercial partnerships, and has a strong track record of leading growth, driving transformation and building customer-centric businesses at scale. He joins Barclays at a pivotal moment as the organisation accelerates its next phase of development.

With a wealth of industry knowledge Mr Lalor is widely respected for combining strategic clarity with disciplined execution. Throughout his career, he has championed innovation whilst maintaining a strong focus on people, trust, resilience and long-term value creation.

Jason Lalor’s role began with Barclays on 28 January.

Matt Hammerstein CEO, Barclays UK Corporate Bank said:

“The appointment of Jason as CEO of Barclaycard Payments marks an exciting milestone in our journey to transform the payments landscape. Jason brings exceptional experience and a clear vision for innovation, which will help us deliver even greater value to our clients and partners. This is a pivotal moment for Barclaycard Payments, and I’m confident that under his leadership, we will continue to set the standard for excellence in the industry.”

Sir Ron Kalifa, Head of Financial Infrastructure, Brookfield said:

“Together with our partners, we’re thrilled to welcome Jason. He brings a wealth of experience in financial services and fintech transformations and is well-positioned to lead the business into becoming the market-leader at the forefront of the U.K.’s growing digital economy.”

On joining Barclays, Jason Lalor said:

“This is a crucial moment not only for me, but also for the Barclays and Brookfield partnership. I am proud to have been awarded such an important opportunity, a significant one in our industry. By partnering closely with Barclays and Brookfield we can bring together innovation, scale, a prestigious brand and drive meaningful transformation – creating great outcomes for our customers and people. I am eager to get started and am looking forward to the journey ahead.”