FIS, the world's largest provider of banking and payments technology, today announced the addition of Dr. Peter Leukert to its senior leadership team. As part of his new role, Dr. Leukert will lead the company's strategy and thought leadership initiatives related to the unique transformational needs of global financial institutions.
Firms within the global financial institutions market segment are faced with unprecedented pressures to adapt to new business models, transform business processes and enhance delivery execution in order to improve profitability and competitiveness in a rapidly moving global marketplace. As part of his responsibilities to drive thought leadership to invigorate the C-suite agenda within these institutions, Dr. Leukert will also leverage his extensive industry expertise to lead the Capco Institute, which focuses on provocative debate between academics, regulators and practitioners and also publishes the Capco Journal of Financial Transformation. The award-winning journal focuses on helping clients understand and solve large, complex financial services industry issues.
"Large global institutions seek expert partners to help them innovate and transform," said FIS Corporate Executive Vice President and Capco CEO, Rob Heyvaert. "Peter's experience will be a critical differentiator in helping the C-suite of our global clients tackle the complex transformational challenges that they currently face. Peter is clearly able to couple the power of FIS solutions and processing with the deep financial consulting expertise of Capco."
Dr. Leukert has been a leader in driving industry solutions to address the understanding, measurement and management of IT complexity, which FIS sees as one of the critical tools to help organizations strategically reduce costs and fund innovation during this transformative time period.
Prior to joining FIS, Dr. Leukert was the Global Chief Information Officer (CIO) responsible for all information technology within NYSE Euronext's businesses. Before joining NYSE Euronext, Dr. Leukert was CIO of Commerzbank, Germany's second largest bank, where he oversaw more than 3,500 employees. Dr. Leukert co-led the integration of Dresdner Bank into Commerzbank, which was successfully completed in May 2011 – only 1,000 days after the announcement in August 2008, achieving significant annual cost savings.
Dr. Leukert also served as a partner at McKinsey & Company's Center of Competence for Business Technology, in Frankfurt, with a primary management consultant focus on IT and operations management for financial service providers, capital markets and the public sector.
In 2011, Dr. Leukert received the German CIO of the Year Award, sponsored by the CIO Magazine and Computerwoche. He holds a Ph.D. in financial mathematics from Humboldt Universität zu Berlin and Diplomas in Mathematics and Physics from Universität Bielefeld.