Infosys CEO quits after personal attacks


Infosys’ MD and CEO has resigned, citing a continuous stream of distractions and disruptions, and personal and negative attacks on his performance. In his notice of resignation, Dr Vishal Sikka, complained of “false, baseless, malicious and increasingly personal attacks” from the company’s founders. Sikka’s exit pushed Infosys shares down around 8% – and follows a […]

HSBC payments head to take the helm at CHAPS

Tim Fitzpatrick has been appointed as the new chief executive of CHAPS, the UK’s same day high-value payment system. Currently HSBC’s Global Payments and Cash Management chief operating officer and group head of payment services.

Efma names new chief exec as Desmarès steps down

Trade association Efma has appointed Vincent Bastid as its new chief executive, replacing Patrick Desmarès, who is retiring after 12 years in the post.

SIX Payments appoints new chief executive


Jürg Weber has been appointed as the new division chief executive of SIX Payment Services and a member of SIX Group executive board as of today.

Swift moves management ahead of 2020 strategy implementation

Gottfried Liebbrandt

Swift has restructured its management team, increasing the number of direct reports to chief executive Gottfried Leibbrandt, following board approval of its 2020 strategy proposals.

Celent hires Hines in transaction banking role

Patricia Hines has joined Celent’s banking practice as a senior analyst focused on global transaction services and wholesale banking with a particular emphasis on treasury and cash management, corporate banking delivery channels, and trade and supply chain finance, along with commercial and small business lending.
Hines has led senior product management, marketing, and technology positions at FleetBoston Financial, Wells Fargo, Citibank, MuleSoft, OpenText GXS, and S1 Corporation (now ACI Worldwide). She was also research director in wholesale banking at CEB TowerGroup, where she conducted primary research focused on industry trends, strategic business drivers, and technology solutions in commercial lending and small business services.

Cerutti out as Euronext appoints interim chief executive

Euronext has appointed Jos Dijsselhof as interim chief executive, accelerating its transition plan following the resignation of Dominique Cerutti at the end of last month. Cerutti will now leave immediately.

MCX makes Mooney interim chief exec

Merchant Customer Exchange, developer of the CurrentC mobile payment platform has appointed financial services and payment industry veteran Brian Mooney as interim chief executive. Mooney succeeds Dekkers Davidson, who is leaving MCX to pursue other opportunities.

Lenson takes NED role at CurrencyCloud

Mitchel Lenson, former chief information officer at Deutsche bank, has become a non-executive director at CurrencyCloud

Appointment: Swift Americas hires markets initiatives director

Swift has hired David Lefferts as managing director, market initiatives for the Americas. Lefferts joins Swift after eight years at Markit, where he held product development, cross-product strategy, and senior business development roles over his eight year tenure.