Credit Suisse Group CIO Has Said Goodbye: After nearly three decades of service, Laura Barrowman has said goodbye to Credit Suisse. Her departure leaves the role of Group CIO open. LauraBarrowman IT
Laura Barrowman is leaving Credit Suisse after 28 years, Switzerland's second-largest bank confirmed to finews.com upon request Wednesday. She departed at the end of January and according to reports, her replacement has not yet been found.Barrowman who worked from London left the bank without bitterness, according to a message on her Linkedin profile. «Today, on my last working day at the bank, I find myself overwhelmed with gratitude,» she wrote.
She become CIO in 2019, and in early 2022 received a new supervisor in chief technology and operations officer Joanne Hannaford who immediately set about restructuring and making the bank's IT services more customer-centric. She sought to implement a «culture of engineers» geared towards accelerating the digitization of banking and agile working methods.Tour de Force
Hannaford's announcement was made before the bank's CEO Ulrich Koerner presented the new strategy for the ailing bank last October. Given cost-cutting measures and the planned elimination of 9,000 jobs in the group by 2025, investments in IT are likely to become an even greater tour de force in the future.
Like its local rival UBS, Credit Suisse is also sitting on a legacy IT system with some components that are decades old, centered around core banking software from the Geneva-based software company Temenos. This proprietary system already consumes a lot of money in maintenance and makes it difficult to convert to new technology requirements such as open banking.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse akzeptiert Adani-Bonds nicht mehr als SicherheitenDie Credit Suisse akzeptiert Anleihen der Unternehmensgruppe von Gautam Adani nicht mehr als Sicherheiten für Wertpapierkredite ihrer Private-Banking-Kunden.
Read more »
IT-Chefin kehrt Credit Suisse den RückenIT-Chefin kehrt Credit Suisse den Rücken: Die Managerin Laura Barrowman verabschiedet sich nach fast drei Dekaden Dienst von der Credit Suisse – und von der gewachsenen IT der Bank mit ihren grossen Herausforderungen. LauraBarrowman IT
Read more »
Bank WIR neue Premium Partnerin der Tour de SuisseBank WIR neue Premium Partnerin der Tour de Suisse Die Tour de Suisse 2023 findet vom 11. bis 20. Juni statt – neu mit am Start: die Bank WIR. Die gesamtschweizerisch tätige...
Read more »
Die Analyse – Swatch Group bereit für die AufholjagdDie Analyse: Swatch Group bereit für die Aufholjagd: Nach schwierigen Zeiten könnte 2023 für den Uhrenhersteller ein Erfolgsjahr werden. Die Aktien sind nicht ausgereizt.
Read more »
Three Reasons for UBS’s Positive InflowsThree Reasons for UBS’s Positive Inflows: Did UBS benefit from troubled rival Credit Suisse? The net new money figures imply such an assumption. But the facts are different.
Read more »
Expo 2025: Innovationsgeist im Schweizer Pavillon in OsakaSphärische Kugeln werden auf der Expo 2025 den Schweizer Pavillon «LA SUISSE ENCHANTÉE» bilden und ein Beispiel nachhaltiger Architektur darstellen. Mit viel Expo-Erfahrung...
Read more »