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Generic business image for news article Image: AST

14 December 2021
Spain
Reporter Jenna Lomax

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FIS appoints new head of product strategy for digital assets

FIS has appointed Ralph Achkar as head of product strategy for digital assets, currency, and blockchain technology.

Prior to FIS, Achkar was managing director - digital product development and innovation lead for Europe, Middle East and Africa and Asia at State Street from October 2017 to September 2021.

At State Street, Achkar was responsible for researching the impact of tokenisation on market models (decentralised finance DeFi), financial instruments, digital cash (commercial, central bank digital currencies, stable coins), and market participants.

Before State Street, Achkar served as director of strategic alliances development and marketing for capital markets at Colt Technology Services from July 2016 to October 2017.

While at Colt Technology Services, Achkar identified, negotiated, and closed alliance agreements with service providers in the EU, the US and Asia.

During his career, spanning more than 20 years, Achkar has also held senior roles at The London Stock Exchange, Citi and Motorola.

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