IBS Journal November 2015
On the move
American banker Jes Staley has been named as the new chief executive of Barclays. The 58-year-old arrives at the bank during a restructuring involving more than 19,000 job cuts. Staley will take over on 1st December and says he plans to ‘restore Barclays to its rightful standing’. The veteran investment banker spent 30 years at JP Morgan before spending time at hedge fund BlueMountain. Barclays is believed to be handing him shares worth £2m. Staley replaces Antony Jenkins, who left in July after three years at the bank.
UK-based digital banking start-up, Tandem Bank, has appointed former Santander di- rector Michael Amato. The bank, which has yet to receive regulatory approval, has also tapped up the services of former Williams & Glyn director John Maltby. Both men are set to join the board imminently. Amato, prior to his role at Santander, had worked at Barclays and JP Morgan, while Maltby spent time at Corsair Capital and Lloyds.
The UK regulator, Financial Conduct Authority (FCA), has signed on Georgina Philippou as its new COO. Philippou has been acting director for enforcement and market oversight and has taken up her new role in November. She has over 20 years’ experience of regulation in the UK, having started her career in accountancy and investment analysis.
Ian Wilkinson has joined Bravura Solutions as director of project management. Wilkin- son arrives at Bravura from IFDS, were he held the position of CIO of the platforms division. Wilkinson has also had stints at GBST, Lifetime, Anite Group and IBM. As project manager he will be responsible for all new ventures within the company. Wilkinson will report to COO of EMEA wealth management Harry Storer.
Brendan MacKinney, COO for Standard Chartered Private Bank, will be leaving the company at the end of the 2015. MacKinney
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had held the position since May 2013, as well as having operated in a number of senior roles at Standard Chartered since joining in 2011. He has also had spells at JP Morgan and Bear Stearns.
Heather Cox has been promoted to head up Citi’s new fintech unit. The new fintech service, called Citi FinTech, will come as part of a reorganisation that aims to provide new mobile capabilities to clients, including introducing mobile investing and loans. Cox moves from her previous role as chief client experience, digital and marketing officer.
CR2 has tapped up the services of Paul Cunningham, who has joined the firm as its new vice-president for professional services. Cunningham has held previous roles at Misys, where he was head of projects for Africa and branch operations manager and project di- rector. He has also worked as a client services director for Sungard-owned System Access.
Jackie Reses has become the new head of Square Capital. Arriving from Yahoo, where she served as the chief development officer, Reses has also spent time on the board of directors of the Alibaba Group, China’s largest online commerce company. Prior to her time at Yahoo, Reses worked for Apax Partners and Goldman Sachs. She sits on the advisory council of the Federal Reserve Bank of San Francisco.
Broker and research provider ITG has announced the imminent arrival of Frank Troise as its new CEO and president. Troise will also become a member of the compa- ny’s board of directors when the garden leave from his previous role expires in Janu- ary 2016. Previously a managing director at JP Morgan, Troise has also spent time working for Lehman Brothers, Barclays, Booz Allen and Accenture.
Ronald Gould has been revealed as the new chairman of risk management firm
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Compliance Science (CSI). Gould arrives having served as a senior advisor to the UK Financial Services Authority, as well as having held senior management roles at Barclays Asset Management, Chi-X Asia Pacific, ABG Sunal Collier ASA and AXA. He also serves as a board member and partner for a number of financial institutions, including JP Morgan Asian Investment Trust, Think- Alliance Consulting and Warfleet Partners.
Q2 Holdings has announced the appointment of its new vice-president of marketing, Lorrie Schultz. The digital banking software firm gains Schultz from Dell, where she had held various executive positions since 1998. Prior to her move, she was Dell’s global marketing executive director for consumer, small business and retail in North America, India and Brazil.
Roy Rubenstein has been announced as the new director of project management office (PMO) at Surecomp. Prior to joining Surecomp, Rubenstein spent five years at NCR Corporation’s Retalix as PMO and business operations manager. He has also worked for Xioma and EVS. Rubenstein will be in charge of the definition and maintenance of standards at Surecomp, as well as leading the global budget, forecast and capacity management processes.
Infosys’ outgoing CFO, Rajiv Bansal, has been snapped up by taxi aggregator Ola. Bansal will be joining the company as CFO at the start of 2016, his departure from Infosys hav- ing only been announced a week before his new appointment. He joined Infosys in 1999 and was appointed its CFO in 2012.
Meanwhile, another former Infosys CFO has been recruited by digital consultancy firm Kaar Technologies. V Balakrishnan will be taking up a position as an independent director for the Indian company. He left In- fosys in 2013 and has since made numerous personal investments in start-ups and small companies.
appointments
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