The Bank Policy Institute (BPI) has named Heather Hogsett as the new Executive Vice President and Head of BITS, succeeding Chris Feeney who is taking on a new role as senior fellow. After a decade of service, Feeney will continue to offer his expertise to BPI and the industry in an advisory capacity.
Greg Baer, President and CEO of BPI, highlighted Hogsett's leadership skills and industry respect: "Heather Hogsett is a talented and trusted leader who is deeply respected among her colleagues at BPI and across the industry," Baer said. He emphasized the importance of addressing cybersecurity and fraud prevention challenges, and expressed confidence in Hogsett's ability to lead these efforts.
Acknowledging Feeney's contributions, Baer added: "We’re also deeply grateful to Chris Feeney for 10 years of exceptional leadership and service at BPI and other key industry initiatives, such as the Financial Services Sector Coordinating Council, fTLD and the Cyber Risk Institute."
BITS is BPI's technology policy division, consisting of experts in cybersecurity, fraud, and technology. It focuses on advancing policies and practices for the safety and resilience of the U.S. financial system. Hogsett, who has been with the organization for nearly a decade, previously served as senior vice president and deputy head of BITS. Her background includes roles with the National Governors Association and committees within the U.S. House and Senate focused on homeland security.
BPI also announced other leadership changes: Jeremy Newell as the new Head of Strategy, and promotions of Paige Pidano Paridon and Tabitha Edgens to Executive Vice Presidents. Tonny Welling will take on the additional role of Chief Administrative Officer while continuing as CFO.
The BPI is a public policy, research, and advocacy group for the banking industry in the United States, representing a wide range of banks from universal to regional and foreign institutions.