Swift has announced the membership of its new Supervisory Board as part of a two-tier governance model designed to strengthen fiduciary oversight and align the cooperative with practices for systemically important financial infrastructures. Chaired by Graeme Munro, the board comprises four independent directors and 10 shareholder-affiliated directors, alongside the chair, with expertise across banking, payments, securities, technology, risk and corporate governance. The Supervisory Board will oversee management and shape strategy for Swift’s blockchain-based ledger for tokenized asset transactions, faster cross-border transaction services and responses to developments in post-quantum technology, artificial intelligence, cyber risk and operational resilience. It will be supported by a Management Board chaired by Chief Executive Officer Javier Pérez-Tasso and a 25-member Swift Council representing shareholder and user perspectives. Shareholders approved the Supervisory Board in June 2026, and it held its first meeting on Oct. 6, 2026.
Swift names 15-member Supervisory Board under new two-tier governance model
Swift has named a 15-member Supervisory Board under a new two-tier governance model. The board will oversee management and guide strategy on tokenized assets, cross-border transactions, emerging technology and operational resilience. It is supported by a Management Board and a 25-member Swift Council.