London
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
Deutsche Boerse taps UniCredit’s Theodor Weimer as CEO
16 November 2017 | Frankfurt | Reporter: Drew Nicol
Theodor Weimer begins his new role in January, and will take over from Carsten Kengeter, who will leave Deutsche Boerse at the end of 2017
Northern Trust AM names new regional COO
16 November 2016 | London | Reporter: Theo Andrew
Northern Trust Asset Management (AM) has promoted Martha Fee to COO for Europe, the Middle East and Africa and the Asia-Pacific region
Credit Suisse bolsters US equities team
15 November 2017 | New York | Reporter: Jenna Lomax
Based in New York, Gerry Milligan will start his role in January 2018 and will report to Anthony Abenante, managing director of global markets
RBC I&TS bolsters Australia team
14 November 2017 | Sydney | Reporter: Jenna Lomax
David Brown will be based in Sydney, and will be responsible for leading all sales and client coverage activities in Australia
SIX hires new CEO as it embarks on restructure
13 November 2017 | Zurich | Reporter: Theo Andrew
Dijsselhof will begin his new role in January 2018, replacing Urs Rüegsegger who announced in May 2017 that he would be stepping down
Citi’s Karczewski moves on to HSBC
13 November 2017 | London | Reporter: Stephanie Palmer
Jane Karczewski has left her position as managing director of strategic risk solutions at Citi, and is set to join HSBC as head of global custody
Intertrust names new interim CFO as de Vries departs
10 November 2017 | Amsterdam | Reporter: Theo Andrew
Intertrust has appointed an Hans Turkesteen as its interim CFO, following the resignation of Maarten de Vries after less than a year in the role
More people moves news