Torsten brings over 19 years’ experience in global transaction banking, having held a range of senior leadership positions at Deutsche Bank. At Finastra he will take charge of all corporate banking products and solutions, covering lending, trade, supply chain finance, cash management and corporate channels. He will also be responsible for all connected corporate banking components, such as master data management, CRM integration and analytics.

Finastra’s Chief Product and Technology Officer, Eli Rosner, said of the appointment, “With a proven track record in spearheading major global IT transformation programs for Deutsche Bank, Torsten brings a wealth of knowledge and experience to this role. After almost two decades leading global teams in the development and improvement of the bank’s technology platforms, he will be an inspirational leader for our global corporate banking business and is ideally placed to navigate the challenges and opportunities of the ever-changing financial services industry. Adding value for clients through innovation and trusted services is central to Finastra’s business proposition. Torsten brings exactly the kind of pragmatic and forward-thinking approach that is needed.”

Amongst other senior roles, he held the position of Chief Information Officer (CIO) for Cash Management and Global Head of Cash Operations as well as interim CIO for Trade Finance. In his most recent role as Head of API Strategy & Delivery for Deutsche Bank’s Global Transaction Bank (GTB), Torsten focused on the drive towards a fully digital organization and supported the buildout of the bank’s chief digital office.

Commenting on his appointment, Torsten said, “As the financial services industry addresses the challenge of business transformation, this is a great time to join Finastra and to be proactively involved in shaping and delivering the corporate banking solutions of the future. I look forward to leading the team in delivering outstanding products and services, and supporting seamless integration and continuous innovation in a fast changing and dynamic environment whilst securing continued growth for this area of our business.”