01 June 2017
Reporter: Stephanie Palmer

Changing of the guard at GFT

Financial services consultancy GFT has formally appointed its new managing director and CEO, following a four-month transition period.

Marika Lulay (pictured), formerly managing director and COO of the company, has taken over leadership from Ulrich Dietz, who resigned from the position a decision that GFT said was taken “in agreement with the administrative board and of his own accord”.

Lulay was unanimously elected by the board to fill the position.

Dietz will remain as chairman of the administrative board and the anchor shareholder of GFT Technologies.

Lulay has been with GFT for 15 years, and has overseen significant growth in that time. In her new role, she will focus on expanding GFT’s offering and exploring new trends and technologies, such as cloud technology, artificial intelligence, distributed ledger technology and integration of financial transactions.

She and Jochen Ruetz, CFO of GFT, will also jointly form a new board of managing directors.

Responsibilities for the COO role will now be split between board members Carlos Eres, managing director for GFT Spain, and Alfio Puglisi managing director for GFT Italy.

Lulay said: “GFT continues to ‘think global’ and ‘act local’, meaning clients are able to access transnational resources, with specialists on hand to work alongside clients at their offices, while experienced teams of delivery resources provide additional support from our efficient nearshore locations.”

“I am delighted to take on the role of CEO to drive GFT forwards in the next phase of its evolution. Success in recent years confirms we’re pursuing the right strategy—not only to establish GFT as an innovative industry specialist, but also to leverage this as a means to drive international growth in all markets.”

More people moves news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
AxiomSL hires new EMEA head
18 January 2018 | London | Reporter: Jenna Lomax
Ward will be responsible for developing strategic global relationships
Standard Chartered hires Lisa Robins
17 January 2018 | Singapore | Reporter: Becky Butcher
Standard Chartered Bank has named Lisa Robins as the new global head of transaction banking, effective 19 February
LAS hires fund and corporate services duo
16 January 2018 | Luxembourg | Reporter: Jenna Lomax
LAS has appointed Jean-Luc Neyens and Cornelius Bechtel to strengthen the firm’s fund and corporate services
DTCC hires new data services director
16 January 2018 | New York | Reporter: Jenna Lomax
Lind will be responsible for guiding data businesses, including services that leverage data derived from DTCC’s global processing platforms
Tom Carey takes on new role at Broadridge
16 January 2018 | New York | Reporter: Zsuzsa Szabo
Broadridge Financial Solutions has appointed Tom Carey to head up the firm’s new international business Broadridge International
Saxo Bank appoints CCO
15 January 2018 | London | Reporter: Jenna Lomax
Bunce will begin his new role in February 2018 and will report to Kim Fournais, CEO and founder
HSBC creates head of innovation role for blockchain actions
15 January 2018 | London | Reporter: Jenna Lomax
Nabi will be responsible for establishing and managing initiatives across HSS — focusing on technology as well as digital and data solutions
More people moves news