21 October 2017
Register now

Barclays poaches CommBank tech chief Harte to replace Kheradpir

01 May 2014  |  7477 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  |  7617 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  |  6952 views  |  0 comments | 4 tweets | 2 linkedin
Barclays takes fintech accelerator to New York

Barclays takes fintech accelerator to New York

18 February 2014  |  7353 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  |  7002 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  |  20680 views  |  2 comments | 18 tweets | 21 linkedin
Barclays Bank kicks off fintech accelerator programme

Barclays Bank kicks off fintech accelerator programme

09 December 2013  |  12198 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  |  12400 views  |  2 comments | 19 tweets | 13 linkedin
Sants and Kheradpir quit Barclays

Sants and Kheradpir quit Barclays

13 November 2013  |  6398 views  |  0 comments | 3 tweets | 3 linkedin
Barclays to open branches in Asda stores

Barclays to open branches in Asda stores

08 November 2013  |  7049 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  |  6741 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  |  7873 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  |  15235 views  |  4 comments | 18 tweets | 19 linkedin
Zapp poaches Barclays mobile chief Ian Sayers

Zapp poaches Barclays mobile chief Ian Sayers

02 August 2013  |  12550 views  |  0 comments | 8 tweets | 6 linkedin
Barclays to sell anonymised customer data

Barclays to sell anonymised customer data

24 June 2013  |  13510 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  |  7538 views  |  0 comments | 12 tweets | 7 linkedin
Barclays preps PFM tool

Barclays preps PFM tool

13 June 2013  |  10637 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  |  9883 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  |  14197 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  |  9514 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  |  18402 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  |  9788 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comRegister now

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8885 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8644 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7717 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7200 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6805 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job