IBS Journal February 2016


On the move


Misys has appointed Rob Binns as its new chief financial officer (CFO). Binns moves from HP where he was head of treasury and investor relations. He joined HP in 2007 from Mercury Interactive and has held a number of senior finance positions in the company. The CFO position at Misys has been


vacant for some time since Rick Medlock’s departure in early 2015.


Leda Glyptis has joined business and technology services provider Sapient Global Markets as a director based in London. Her focus is on providing digital business transformation consulting services, and she previously headed the BNY Mellon EMEA Innovation Centre.


Former PayPal Europe VP Laurent Le Moal is the new CEO of payment services provider PayU. The company operates in 16 countries and is part of Naspers, a global media and Internet group. Le Moal had an 11-year career at Paypal as VP for Continental Europe, Russia, Middle-East and Africa.


Not to be outdone, Paypal has added bitcoin entrepreneur Wences Casares to its board. Casares is currently CEO and founder of Xapo, a bitcoin payments start-up that has raised $40 million to date. His past ventures include digital wallet company Lemon, Argentina’s first ISP, and an online brokerage Patagon, which was bought by Banco Santander for $750 million.


Volante Technologies, a financial messages and payments specialist, has made new hires in its sales operations. Rick Salk joins as global head of sales; while Nihit Ahuja, Ali Mentesh, Vidya Subramaniam and Peter Martin join as sales directors. Ahuja, Mentesh and Subrama- niam will be based in Volante’s London office while Martin is based in Dubai. Salk, who will be based in the US, joins


from Misys in the US where he was a member of the sales team for more than 20 years and was most recently director of Misys’ North American operations. Martin is also ex-Misys – he was


responsible for account management and new business development in the Middle East for Misys.


Ahuja joins from Fundtech (now D+H), 44


the firm he was with for more than ten years ending his tenure in the role of senior sales manager – UK, Ireland, Middle East and Africa. Mentesh joins from FIS where he was


responsible for bringing end-to-end payments solutions and financial supply chain proposi- tions to market. Prior to FIS, Mentesh was at ACI and Visa. Subramaniam joins with over 15 years’


experience of account development in invest- ment banking in senior business and account development roles at Syntel and Polaris.


Blockchain start-up Digital Asset Holdings has welcomed a number of new recruits and opened a London office. Justin Amos, who spent 14 years at JP Morgan, including as global head of client connectivity, before becoming an MD at Nice Actimize, will lead the new London office as head of Europe. Meanwhile, Edward Newman, a former


executive in Goldman Sachs’ technology infrastructure organisation has been named the company’s new deputy chief security officer and senior software developer.


Saqib Khan has left Temenos and joined Microsoft as its corporate territory manager for the UAE. Khan worked for three years at Temenos, also in the UAE, as business devel- opment manager. His new role is focused on increasing growth in the corporate segment accounts.


Visual Risk, an Australian treasury man- agement and ALM solutions provider, has appointed Matthew Burgess as its head of market development, Europe. The firm recent- ly expanded in to Asia and Europe, opening an office in London last year. Burgess joined the company to drive European expansion. His background is in corporate treasury software, having worked in sales, marketing and client relationship management at IT2, Wall Street and Sungard over the last ten years.


Sergey Radchenkov, ex-chairman of Russia-based Svyaznoi Bank, has taken on the business development role at the country’s new payment system, Mir. Russia launched Mir in December 2015,


to compete against Visa and Mastercard. It is largely seen as a response to Western sanc- tions that interrupted the processing of some


© IBS Intelligence 2016 www.ibsintelligence.com


Russian payment transactions in March 2014. In his position of Mir’s business develop-


ment director, Radchenkov will be responsible for three key segments: building relationships with banks, building relationships with retailers and service providers, and developing the ‘Mir’ card product. Radchenkov was head of Svyaznoi Bank


until H2 2012 (the troubled bank’s licence was revoked by the regulator in November 2015). In early 2014, he joined the director’s board of another domestic bank, Finprombank (FPB Bank). At FPB Bank, he was responsible for the bank’s development strategy.


Simcorp has appointed Stuart Keeler as new MD of Simcorp Coric. In this role, he will be responsible for the growth of its global client communications and reporting business. Keeler has experience in both asset management and IT services, having held a variety of commercial and general manage- ment positions in software firms in the UK and US. His experience includes 13 years as MD at eFront, a software provider to private equity markets in the UK. Keeler replaces Klaus Andersen, who


assumed responsibility for Simcorp Coric upon acquisition of the business (then known as Equipos) in February 2014.


Liechtenstein-based private bank, VP Bank, is restructuring its organisation and has appoint- ed Martin Beinhoff as its new chief operating officer (COO). The bank is undergoing a brand revamp


and says it is changing the functions of its group executive management ‘in response to economic and regulatory changes’, and be- cause of its ambition to cut costs up to 2020. The COO organisational unit was created


with effect from 1st January 2016 alongside its existing CEO, client business and CFO & banking services organisational units. Beinhoff was most recently a member of the executive board of management of Saxo Bank (Switzer- land), where he worked for seven years. Elsewhere, the head of the CFO


organisational unit, Siegbert Näscher will continue to be responsible for group finance and group risk while performing his new role as group chief risk officer in line with Basel III requirements.


appointments


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