Payments veteran Steve Ledford is retiring and leaving The Clearing House (TCH) after nine years as SVP of Product and Strategy.
Announcing his decision on LinkedIn, the self-described “payments nerd” says he will be leaving the industry after 41 years.
As SVP of The Clearing House, Ledford launched the RTP network. The network clears payments individually in real-time and settles instantly.
TCH President and CEO Jim Aramanda said:
Prior to joining TCH, he was a consultant for the company since 1992. Ledford has also represented TCH on the Faster Payments Council and on the Board of Directors of the P20, and on the Steering Committee of the Faster Payments Task Force.
Redford has been succeeded by Lucille Gunasena, who will join TCH as SVP, RTP Product Management and Strategy, from Jack Henry, who was Managing Director of JHA PayCenter, which connects financial institutions to the RTP network.
Gunasena was responsible for the banking technology provider’s high-speed payment strategy and oversaw the participation of over 170 banks and credit unions in the RTP network.
Gunasena, who is responsible for growing the RTP network at TCH, said the company will work with financial institutions to “increase the use of real-time payments in the U.S., ultimately benefiting bank and credit union customers.”
TCH clears and settles over $2 trillion daily through wire transfers, ACH, check images and real-time payments.