People Moves
New Global CEO at Citisoft
London-based Citisoft, an investment management technology consulting firm and subsidiary of India-headquartered Satyam Computer Services, has appointed Jonathan Clark as its global chief executive officer. Mr Clark has been instrumental in Citisoft's growth since its inception in 1986. The Citisoft group restructured its regional offices earlier in 2007 under newly-appointed regional heads to support its growth and has revealed plans for growing its business in Japan, Australia, Singapore and developing its off-shoring practice in India. The firm sees opportunities in the way investment managers are increasingly seeking to implement technology solutions on an enterprise level and include their operations around the globe in these new installations. In addition, it sees more and more convergence between buy and sell side technology as each looks to benefit from the operational efficiency and decision support achieved by the other.