IFDS has appointed former Bank of England chief information officer Simon Moorhead to oversee the development of the firm's technology infrastructure and operations.
He joins the IFDS board of directors as chief information officer from the Bank, where he led the IT programme that helped create the Prudential Regulation Authority in April 2013.
Moorhead, who stepped down from the Bank in July, will assume responsibility for developing the firm's technology infrastructure and operations across its locations in Asia-Pacific, Canada, and Europe. He reports to executive chairman Simon Hudson-Lund.
Hudson-Lund said: "Simon's role will be crucial as we expand to serve an increasingly global client base with increasingly complex requirements. His wealth of experience and knowledge will prove invaluable as we continue to enhance our global technology platform and operations."
Moorhead said: "The business and regulatory world in which we operate is increasingly complex and demands technologies that are ever more flexible yet robust.
"My focus will be on ensuring IFDS remains at the forefront of its field, providing the right services to meet our clients' needs at the right time. I'm excited to be joining such a dynamic and growing business at this time in its journey."
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