26 March 2017
visit http://events.sap.com/gb/fsi-forum-2017/en/home

Barclays poaches CommBank tech chief Harte to replace Kheradpir

01 May 2014  |  6536 views  |  0 Michael Harte, Barclays Bank

CommBank CIO Michael Harte has quit the Australian bank to take up the role of chief operations and technology officer of Barclays Bank in London.

Harte joined the Commonwealth Bank as a group executive of enterprise IT in April 2006. For the past eight years, he has led the group's technology teams. And for the past five years, since the expansion of the enterprise IT function into enterprise services, he has also led most of the group's operations teams.

CommBank CEO Ian Narev says that under Harte's leadership, the application of technology to financial services became a core strategic priority, pointing to the mammoth $1.5 billion six-year programme to replace the bank's legacy technology with a new real-time core banking system.

Says Narev: "We greatly appreciate Michael's contribution to our IT strategy which has built a strong team and a pipeline of value-creating technology solutions which will benefit our customers and businesses for years to come."

Barclays has been hunting for a new operations and technology chief since last November, when the previous incumbent Shaygan Kheradpir unexpectedly quit to join US-based technology company Juniper Networks.

CommBank's Narev indicates that an announcement regarding a replacement for Harte would likely be made in June, with a focus on internal talent.

"Technology is a core strategic priority of the group, and I am very pleased that we have a strong pool of internal candidates who will provide strategic continuity, and also lead us through the next phase of our technology and operations innovation, while maintaining on-going focus on security and resilience," he says.
KeywordsPEOPLE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

CommBank debuts cardless ATM transactions

CommBank debuts cardless ATM transactions

30 April 2014  |  7321 views  |  1 comments | 4 tweets | 11 linkedin
Barclays chief design officer joins new London tech ambassadors group

Barclays chief design officer joins new London tech ambassadors group

13 March 2014  |  6660 views  |  0 comments | 4 tweets | 2 linkedin
Barclays takes fintech accelerator to New York

Barclays takes fintech accelerator to New York

18 February 2014  |  6997 views  |  0 comments | 5 tweets | 5 linkedin
CommBank posts bumper profits as tech investment pays off

CommBank posts bumper profits as tech investment pays off

12 February 2014  |  6166 views  |  1 comments | 6 tweets | 7 linkedin
Barclays to pilot mobile cheque deposits as UK Government proposes rule change

Barclays to pilot mobile cheque deposits as UK Government proposes rule change

02 January 2014  |  19875 views  |  2 comments | 18 tweets | 21 linkedin
Barclays Bank kicks off fintech accelerator programme

Barclays Bank kicks off fintech accelerator programme

09 December 2013  |  10574 views  |  0 comments | 23 tweets | 10 linkedin
Barclays blames rise of mobile banking for 1700 branch job cuts

Barclays blames rise of mobile banking for 1700 branch job cuts

15 November 2013  |  11783 views  |  2 comments | 19 tweets | 13 linkedin
Sants and Kheradpir quit Barclays

Sants and Kheradpir quit Barclays

13 November 2013  |  6220 views  |  0 comments | 3 tweets | 3 linkedin
Barclays to open branches in Asda stores

Barclays to open branches in Asda stores

08 November 2013  |  6774 views  |  0 comments | 5 tweets | 11 linkedin
Barclays scratches Twitter itch as customer fury mounts over technical breakdown

Barclays scratches Twitter itch as customer fury mounts over technical breakdown

01 November 2013  |  6466 views  |  0 comments | 6 tweets | 1 linkedin
Barclays boss hints at branch closures as customers go mobile

Barclays boss hints at branch closures as customers go mobile

31 October 2013  |  7618 views  |  0 comments | 5 tweets | 4 linkedin
Barclays crowdsourcing site asks customers for better banking ideas

Barclays crowdsourcing site asks customers for better banking ideas

17 September 2013  |  14786 views  |  4 comments | 18 tweets | 19 linkedin
Zapp poaches Barclays mobile chief Ian Sayers

Zapp poaches Barclays mobile chief Ian Sayers

02 August 2013  |  12228 views  |  0 comments | 8 tweets | 6 linkedin
Barclays to sell anonymised customer data

Barclays to sell anonymised customer data

24 June 2013  |  13127 views  |  1 comments | 18 tweets | 20 linkedin
Barclays to recruit 700 staff at Dallas tech hub

Barclays to recruit 700 staff at Dallas tech hub

14 June 2013  |  7332 views  |  0 comments | 12 tweets | 7 linkedin
Barclays preps PFM tool

Barclays preps PFM tool

13 June 2013  |  10307 views  |  0 comments | 8 tweets | 2 linkedin
Barclays takes another payments hackathon crown; Holvi and Azimo talk disruption

Barclays takes another payments hackathon crown; Holvi and Azimo talk disruption

03 June 2013  |  9520 views  |  0 comments | 8 tweets | 6 linkedin
Barclays takes the crown at Digital Wallet Foundry

Barclays takes the crown at Digital Wallet Foundry

22 March 2013  |  13051 views  |  0 comments | 11 tweets | 7 linkedin
Barclays names Shaygan Kheradpir chief operations and technology officer

Barclays names Shaygan Kheradpir chief operations and technology officer

07 March 2013  |  9292 views  |  0 comments | 4 tweets | 2 linkedin
Barclays banks on cloud and Linux to slash development costs

Barclays banks on cloud and Linux to slash development costs

10 January 2013  |  17809 views  |  1 comments | 19 tweets | 10 linkedin
Commonwealth Bank CIO takes pay hit over online outage

Commonwealth Bank CIO takes pay hit over online outage

11 September 2009  |  8932 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
French retailer Carrefour launches online bank accountFrench retailer Carrefour launches online...
57321 views comments | 15 tweets | 35 linkedin
European Commission opens public consultation on fintechEuropean Commission opens public consultat...
9546 views comments | 43 tweets | 26 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
8879 views comments | 23 tweets | 37 linkedin
MAS to roll out national KYC utility for SingaporeMAS to roll out national KYC utility for S...
7617 views comments | 19 tweets | 27 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
7262 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job