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DST Global Solutions beefs up investment management team

08 December 2009  |  1709 views  |  0 Source: DST Global Solutions

DST Global Solutions, a leading provider of business solutions and services to the asset management industry, has announced the appointment of three senior executives to its Investment Management Solutions management team to support future growth plans.

Philip Hogan joins as Head of Solutions Management for Asset Servicing, Analytics and Data Management. Most recently he was Chief Executive of the Insurance BPO Services business for HCL Technologies. While at HCL he was responsible for returning the business to profitability and integrating it into the HCL Global operating model, after leading the sale of the business from private equity ownership to HCL in September 2008. Philip has over 20 years' experience in financial and professional services and the BPO industry where he has managed business units of up to 4,000 staff and £230 million annual turnover across a variety of markets. Philip, a qualified accountant, holds an MBA from Manchester Business School and is an accomplished change agent and champion for service excellence. Philip will be accountable for the profitable development of the Asset Servicing, Analytics and Data Management business and will bring a client and value driven focus to the IMS new business propositions.

Peter McKenna joins as Market Development Director with over 20 years' experience working within the financial technology sector. Most recently Peter was Group Marketing Director at Temenos, a leading core banking systems supplier, where he was responsible for setting the company's global marketing operations strategy and its subsequent successful implementation. Peter's career in financial technology began with various senior management roles in sales, business and product management at Thomson Reuters, then as Head of Investor Services and Transactions at Interactive Investor International. Peter also held the position of Marketing Director at Misys Asset Management Systems, and eventually as Marketing and then Sales Director at Gissing Software. At DST Global Solutions, Peter will be responsible for developing the Investment Management Solutions marketing strategy and the execution of a range of marketing initiatives to help achieve the group's business objectives.tives.<

Chris Lord joins as Global Head of Development. He joins from Thomson Reuters where he was the Global Head of Fundamental Data and was accountable for the key Timeseries, Reference and Corporate Actions system. Chris was responsible for the management and leadership of 200 employees in China, India, UK and the US, covering analysis, support and development. He initiated a global transformation programme to significantly improve the quality and volume of software deliveries. Chris' background is in IT and Programme Direction with 15 years' experience of leading teams in the delivery of complex, global projects ranging from new product delivery to major infrastructure upgrades. Chris started in financial services as a trader 20 years ago before moving into financial technology. Chris' focus at DST Global Solutions will include the globalisation of the current development function and improving the quality and turnaround of software deliveries for the Investment Management Solutions business.

All three appointments will report directly to Arun Sarwal, Chief Executive Officer for Investment Management Solutions at DST Global Solutions.

Commenting on the new appointments, Arun Sarwal said, "Our growth strategy is centred on building our business around strong and trusting relationships with our clients. We will achieve this by addressing global asset management industry issues with timely and relevant solutions to significantly improve operational efficiency, risk and business performance management and overall competitiveness. These three key executive level appointments along with other recent changes will enable us to deliver on our strategy."

Arun Sarwal continued: "Collectively, Philip, Peter and Chris bring with them many years of relevant industry-specific experience and each has a proven track record of success in their previous roles. I am delighted to welcome them within the Investment Management Solutions business and am confident that these appointments will have a significant positive impact on the way in which we engage with our clients and the markets we serve."

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