Misys Risk Management Systems Appoints New Chief Executive Officer
Talent management and product development put at the forefront of company strategy
29 October 2003 - Michel Van Leeuwen has been appointed as chief executive officer of Misys Risk Management Systems. His promotion comes as incumbent CEO Helen O'Dea takes on a newly created divisional role of people and communications director.
The announcement follows the creation of Misys Risk Management Systems as a business unit in its own right. Michel Van Leeuwen joined Misys in April 2003 as COO, charged with steering the business in its first phase of operating independently. With a strong risk management background and over 15 years working within the financial markets, Michel will concentrate on increasing market share for Risk Vision, the company's risk management solution, by developing its functionality to meet the regulatory and value creation challenges faced by today's financial institutions.
Michel Van Leeuwen comments, "Given the changes within the risk market, we will continue to enhance our product and support capabilities to ensure our clients remain ahead of regulatory and market trends. To do this, we must leverage our 100% focus on delivering world class risk management solutions, our commitment to customer service and the expertise within our team. We have built strong foundations and we will use this strength to help drive the value management strategies of our clients."
Helen O'Dea's appointment to people and communications director will reinforce Misys' commitment to recruit, develop and retain the industry's best talent within the Banking and Securities division of Misys.
For further information, please contact:Sara Toal / Adelaide Harrison
Write Image
+44 (0)20 7959 5400
sara@write-image.co.uk / adelaide.harrison@write-image.co.uk
Write Image
+44 (0)20 7959 5400
sara@write-image.co.uk / adelaide.harrison@write-image.co.uk
About Misys Risk Management Systems
Misys Risk Management Systems, part of the Banking and Securities Division of Misys plc, is focused exclusively on the provision of enterprise wide, integrated risk management solutions. For over a decade, the company has specialised on driving the world's leading financial institutions towards value creation, delivering functionally rich and highly flexible solutions that encompass all aspects of global, integrated risk management and regulatory compliance.
About Risk VisionRisk Vision is a highly integrated and functionally advanced risk solution, delivering proven measurement of all areas of exposure and risk and supporting modern portfolio management practices. A uniquely flexible solution, Risk Vision is focused on supporting value management and regulatory compliance within a global financial institution through accurate, real time identification, measurement and control of exposure and capital.
About Misys plcMisys plc, one of the world's largest software solutions companies, serves customers in the international banking and securities, US healthcare, and UK retail financial services sectors. Employing over 6,500 staff, Misys reported revenues in excess of £1 billion ($1.5 billion) for the year ended 31 May 2003.
