IBS Journal January 2016
On the move
Crealogix co-founder and CEO, Bruno Richle, has stepped down as he wishes to place the operational management of the company in ‘younger hands’ and to focus on his role as chairman of the board of directors. He has been replaced by the head of its digital banking business unit, Thomas Avedik.
Erin Smith, former VP, global sales and business development at Misys, has started her own venture, Digital Focus Africa. The firm focuses on product innovation and business development on the continent, with Smith as its CEO. She has previous form in this area, having also been manag- ing director of Misys Africa between 2010 and 2013. Smith remains a board member at Kenyan payment gateway PesaPal, which she joined in 2011.
Former Probusinessbank CIO Alexey Piro- gov has joined Russian Standard Bank as its new CIO. He had previously been look- ing for a new role following the collapse of Probusinessbank, a company which he had joined back in 1998 as a programmer. The bank lost its licence after failing to comply with federal laws and regulations.
Christoph Erb has joined IMTF Digitrans as CEO, having left Swiss banking software vendor Finnova, where he had held the position of chief customer officer for more than ten years. Erb had spent much of his career at the vendor, joining in March 2001 as an account manager. He has also worked at Synpulse as a senior consultant.
Stormier news at the Bitcoin Foundation, where board members Jim Harper and Olivier Janssens have resigned from the organisation. The root of the resignations is believed to be an internal disagreement over the group’s future. Both Janssens and Harper participated in a vote, declaring that the company shouldn’t go forward with funding ‘without a plan’, according to Janssens. Harper tended his resignation, while the board proceeded to vote in favour of removing Janssens from the board.
SETL, a blockchain start-up based in the City of London, has appointed former Barclays man Sir David Walker as its new chairman. Sir David has a long history in the industry, having been chairman of Morgan Stanley International from 1995 to 2001 and again between 2004 and 2005. Before that, he spent time as an executive director at the Bank of England and deputy chairman at Lloyds TSB. The 75-year old will take ‘an active role’ in leading the board, according to SETL founder Peter Randall.
JP Morgan Chase has grabbed two tech- nology heads to serve as non-executive directors. Monique Shivanandan and Jane Moran, CIOs at Aviva and Unilever respec- tively, will be joining JP Morgan Securities. Shivanandan had only joined Aviva in April 2014, following a four-year stint at Capital One as CTO and time as CIO at BT Retail between 2006 and 2010. Moran had been at Unilver for a similar amount of time, and has previous experience at Thomson Reuters as CIO in multiple divisions over a period of ten years. She also sits on the CI council for
Salesforce.com, Workday and SAP.
Temenos has reinstated the role of COO, appointing Max Chuard, who also continues to hold his role of CFO at the firm. Chuard has spent more than 13 years at Temenos. The COO position had been abolished in 2012 following the departure Mark Cullinane, who became head of M&A and then left the next year. As one position is filled another empties, however, as chief strategy officer in the US for Temenos, Rich Longo, has left to join rival firm Infosys. Longo will now be leading strategy for the Finacle unit in the US.
Nigel Solkhon has joined ISITC Europe as its new interim chief executive. Solkhorn, who is a founding member of ISITC, arrives from Citi, where he had been head of execution for EMEA for five years. He is replacing former CEO Graeme Austin, and has set out a series of ‘focus areas’ that ISITC needs to concentrate on to reclaim its ‘industry voice’. Austin, meanwhile, has decided on a complete change of career and is leaving the industry.
© IBS Intelligence 2016
Pascal Boillat, head of operations and tech- nology at Fannie Mae, has been poached by Deutsche Bank ahead of its planned IT overhaul. Boillat will take on the role of CIO and head of operations at the bank. He spent more than six years at Fannie Mae, including in the position of CIO. Prior to that Boillat had been managing director at Citigroup, from 2005 to 2009.
Infrasoft Technologies’ founder and group MD, Hanuman Tripathi, has left the Indian vendor to pursue ‘new goals’. The MD role has been taken up by the company’s CEO, Rajesh Mirjankar.
Chris Whiting has joined SS&C Technolo- gies as senior director of the firm’s newly- created advisory relationship management unit. Whiting most recently worked for the Moneta Group as COO and spent 19 years at Wells Fargo as first vice-president and manager of application strategy.
Former BBVA Bacomer CEO Ignacio Deschamps has been appointed strategic ad- visor of global digital banking at Scotiabank. Deschamps is joining the bank in January 2016, tasked with ‘redefining’ Scotiabank’s digital banking roadmap. The industry veteran had been global head of retail banking at Bacomer’s parent firm, BBVA. Deschamps has also been president of the Mexican Banking Association.
Zafin has onboarded Basker Rangachari as chief transformation officer and global head of advisory services. Rangachari has nearly three decades of diverse experience across B2B and B2C industries. Prior to joining Zafin, he was at Standard Chartered Bank for over ten years, most recently as the global head of brand and retail marketing.
Silicon Valley Bank (SVB) has made additions to its technology management team, naming Bruce Wallace as the man filling a newly created position of chief digital offer and bringing in former Visa CIO Michael Dreyer as his replacement COO. Wallace has been working at SVB for seven years, while Dreyer’s most recent positions include that of COO and president of Americas at Monitise and a role at American Express as vice-president.
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appointments
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