London-based financial services technology provider DST Global Solutions has appointed Arun Sarwal as chief executive of its Investment Management Solutions business.

Mr Sarwal has advised the firm on its strategy since September 2008 and will now head a business division of around 800 employees across 16 locations with responsibility for solutions strategy, application development and delivery, client support and consulting services, the company said in a statement.

In May this year, DST Global Solutions relaunched into three business divisions: Investment Management Solutions, Business Process Solutions and Customer Lifecycle Management. 

The Investment Management Solutions business consists of asset servicing and investment accounting, data management and analytics, and distribution platforms. This business is the largest of the three business lines of DST Global Solutions.

Mr Sarwal said that as chief executive he will be looking at three key areas: “First, building strong and trusting client relationships, particularly with our leading asset management and third party administrator clients.”

“Second, deepening the domain expertise and growing our capability in the key issue areas of the industry such as data management, analytics and over-the-counter derivatives. And most important, releasing the existing potential within the business to be agile, innovative and able to deliver quality by taking a multi-boutique approach to our business activities,” he said.

Prior to joining DST Global Solutions, Mr Sarwal was the chief operating officer at Scottish Widows Investment Partnership. During his career, he has also worked in senior management positions with ABN AMRO, Société Générale and KPMG, and has gained experience of working in over 25 countries, the company said.