Director of PolyTeQ
BiographyBrian Hayr joined Innovia Security as head of PolyTeQ Services in May 2016. Prior to this, Brian was part of the Executive Team at Reserve Bank of New Zealand (RBNZ) for three years. Before his time at RBNZ, Brian held various senior leadership roles in the commercial banking sector. As Chief Operating Officer Retail at Westpac New Zealand, Brian was responsible for ATMs, cash and a major branch transformation. He also served as a Director on the Board of Payments NZ, a company which manages the majority of NZ’s electronic transactions.
About the companyInnovia Security is the supplier of Guardian®, the world's most sophisticated polymer banknote substrate currently issued on 80 denominations in 24 countries. Innovia Security is a trusted partner to Central Banks worldwide who use Guardian® to deliver transformational banknote management solutions via dramatically lower counterfeits, greater durability leading to significant cost savings, a cleaner note handling experience, and a 100% recyclable banknote. Innovia Security is a division of Innovia Group, a market-leading supplier of specialist films based in England. Innovia Security is focused on providing exceptional quality and service delivery levels to central banks and security printers throughout the world.
PresentationHow collaboration and working together to create strong plans leads to successful banknote series
Change increases risk and there are few more public “products” than a banknote. Although the theory of risk management is well known, this presentation considers the role of strong partnerships in risk mitigation in the banknote industry. Legal structures give clarity and drive rigour but it is the willingness of capable partners to work together to a shared plan that delivers. As the cash cycle becomes more complex and the number of stakeholders involved increases, the need for an effective shared plan increases while becoming harder to deliver. Innovia will share its experience and highlight what it regards as best practice enabling Central Banks to introduce new banknote designs successfully.