Cordium, a provider of governance, risk and compliance services, has recruited Doug Morgan as its new group CEO.
Morgan will initially be based in the US, and will move to the UK in the third quarter.
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He most recently served at SunGard, where he managed the company’s business in the asset management back office servicing and accounting space that include solutions for investment accounting, mutual fund shareholder reporting, investor servicing, and financial reporting.
Morgan has an experience of over 20 years in financial services and technology.
Cordium non-executive chairman Roger Siddle said: “Over recent years Cordium has seen significant growth and this new management structure equips us perfectly for the next phase.
“Doug’s experience and skills are exactly aligned with our ambitions: to continue to develop our unique combination of software and consulting services, while maintaining our reputation for excellent client service and growing our global capabilities.”
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By GlobalDataThe firm also named Bill Mulligan as its new group president. He will take over the new role in addition to his existing responsibilities as CEO of Cordium US and Software.
“We have no doubt that software and automation will increasingly play a crucial role in compliance over the coming years. Having someone with Doug’s experience and credentials puts us in an ideal position to continue to build out the functionality of our specialist technology solutions,” Mulligan said.
