Banking loses CIO to tech firm
(22 October 2009 – Global) SAP, a system development and analysis company, has recruited Don Trotta, chief information officer of Barclays Bank, as its new global head of financial services.
Mr Trotta has been a heavy weight in the financial service sector for over 25 years working for institutions such as Barclays Bank, Citigroup, Chase Manhattan and American Express, his varied positions included chief technology officer and chief information officer at the top tier financial global institutions.
His experience in the industry has also lead him to serve on numerous financial services and CIO advisory boards for major industry organisations, such as HP, Accenture, Unisys, NCR/Teradata, The Research Board, MasterCard and Visa.
In his new role, Mr Trotta will be responsible for product strategy, development and overall market positioning activities for SAP in the banking and insurance industries globally.
Reporting to SAP executive vice president, Bob Stutz, he will be based in both New York and at the SAP headquarters in Walldorf, Germany.
Mr Stutz said that having someone with his industry leadership within SAP will enable the company to accelerate the already substantial momentum built to date and help take the company to the next level within the financial services industry.
His experience in the industry has also lead him to serve on numerous financial services and CIO advisory boards for major industry organisations, such as HP, Accenture, Unisys, NCR/Teradata, The Research Board, MasterCard and Visa.
In his new role, Mr Trotta will be responsible for product strategy, development and overall market positioning activities for SAP in the banking and insurance industries globally.
Reporting to SAP executive vice president, Bob Stutz, he will be based in both New York and at the SAP headquarters in Walldorf, Germany.
Mr Stutz said that having someone with his industry leadership within SAP will enable the company to accelerate the already substantial momentum built to date and help take the company to the next level within the financial services industry.