08/19/2025 | Press release | Distributed by Public on 08/19/2025 14:53
Washington, D.C. - Heather Hogsett, Bank Policy Institute Executive Vice President and Head of BITS, has been selected as the new Vice Chair for the Financial Services Sector Coordinating Council, a financial industry organization focused on critical infrastructure security. Heather, who was promoted to lead BITS earlier this year, has served as a thought leader and an expert witness on Capitol Hill on cybersecurity and critical infrastructure issues in the banking sector during her years at BPI.
The Financial Services Sector Coordinating Council (FSSCC) Management Committee today announced that Heather Hogsett, Bank Policy Institute (BPI), has been selected as the next FSSCC Vice Chair. In this role she will work with the members of the Management Committee to support the work of the FSSCC Chair to represent our sector and facilitate coordination with the U.S. Government. With this election, the tenure of current Vice Chair Paul Benda from the American Bankers Association (ABA) will be coming to a close.
"We are so happy to welcome Heather Hogsett to this new role, and I'm excited about the energy and expertise that she brings," said Debbie Guild, FSSCC Chair. "She has big shoes to fill as FSSCC Vice Chair, as Paul Benda departs and leaves a legacy of transformation in his wake. He has done so much for industry and the FSSCC organization and demonstrated forward-learning thought leadership that has helped propel us on our journey. Working with him on important initiatives around topics like cloud and artificial intelligence has been inspiring, and I can't thank him enough for all his hard work and support."
"I congratulate Heather Hogsett on her selection as the new vice chair of the FSSCC," said Paul Benda, outgoing FSSCC Vice Chair. "It has been an honor serving in this role for the past three years as the FSSCC has deepened our collaboration with our public sector partners in addressing emerging cybersecurity and resiliency risks, including assessing the cyber and fraud risks with Gen AI, expanding use of cloud computing, and anticipating risks posed by quantum computing. The FSSCC continues to serve an important role in the financial services sector and a model that other countries seek to emulate."
Heather's selection is a reflection of her wealth of experience working in various roles within the financial services sector and U.S. legislative branch and long-standing commitment to driving collaboration between the public and private sectors.
In addition to Heather's role serving as alternate on the Management Committee for BPI and co-chairing the FSSCC Policy Committee, she serves as the Executive Vice President at BPI and Head of BITS. In her role, she works closely with key public sector stakeholders to advocate for policies that enhance the resilience of our sector and helps banks of all sizes reduce their risk profile.
Heather has played a key role in positioning BITS as a thought leader and expert voice in cybersecurity and technology policy, with issue expertise ranging from critical infrastructure security to fraud and scam prevention. Prior to Heather's current leadership role at BPI, she served as Senior Vice President and Deputy Head of BITS. During that time she testified multiple times on Capitol Hill as an expert witness on cybersecurity policy. One of her notable areas of expertise is the importance of coordination and information-sharing between the public and private sectors to protect America's critical infrastructure. Before joining BPI, Heather served as staff director for federal relations at the National Governors Association and in staff roles in the House and Senate.
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The Bank Policy Institute (BPI) is a nonpartisan public policy, research and advocacy group, representing the nation's leading banks and their customers. Our members include universal banks, regional banks and the major foreign banks doing business in the United States. Collectively, they employ almost 2 million Americans, make nearly half of the nation's small business loans, and are an engine for financial innovation and economic growth.
Tara PayneBank Policy [email protected]