Avaloq has appointed Stefan Benz as head of digital and front.

Benz will drive the implementation of Avaloq’s digitisation strategy and the related product roadmap. He will be also joining Avaloq’s executive board.

Benz has more than 20 years in the financial services sector with positions at Lotus/IBM, Zurich Financial Services and Credit Suisse, where he recently held the position of IT head for EMEA and regulatory in the international wealth management division.

He has also been responsible for departments for business analysis, support and client account management for Front Solutions, acted as COO for the IT Investment Banking CH and implemented a unified solutions delivery methodology across the bank’s technology systems.

Thomas Beck, Group CTO for Avaloq, said: “Stefan will further improve the scalability of our delivery capability and increase our ability to innovate across the development centres in Zürich, Edinburgh and Manila.

“His knowledge of international transformation projects combined with hands on experience of building international scalable delivery organisations will elevate Avaloq’s ability to respond to the demands of our customers and the continuously changing financial industry.”

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By GlobalData

Benz will report directly to Thomas Beck.