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New CEO for Misys Asset Management Systems

Misys plc has appointed Chris Potts as the new Chief Executive of Misys Asset Management Systems. Chris replaces David Hughes, who has retired from the role after a decade working for Misys.

Chris joins Misys from e-solutions provider Citria where, as Chief Executive, he built a 170-strong team, increased revenues five-fold and created commercial alliances with companies including Barclaycard, Credit Suisse First Boston and UBS Warburg. Citria was ranked by New Media Age as one of the top 5 technology based full service agencies, out of 100 in the United Kingdom.

Rupert Soames, Chief Executive of the Misys Banking and Securities Division, commented: "I am delighted to welcome Chris Potts to Misys. Chris has extensive experience in sales, marketing and general management roles in a number of technology companies, including Schlumberger, Cap Gemini, Gemini Consulting, Mondex and, most recently, Citria. He can demonstrate significant experience in selling and implementing products and services for banks and financial services companies worldwide."

Chris Potts added: "Misys is a truly world-class company supplying IT solutions to financial institutions, and this was one of the qualities that attracted me to the rôle. Misys Asset Management Systems now has a new focus on its industry and I look forward to leading a talented team in the years ahead,"

Chris was educated at Churchill College, Cambridge and the University of Liverpool, and was awarded an MBA from the Cranfield School of Management. He lives in London.

Commenting on David Hughes’ departure, Rupert Soames added: "Some time ago, David Hughes made known his desire to step down from the day-to-day responsibilities of being Chief Executive of one of our major businesses. He successfully planned and completed a very complex exercise splitting ACTFS into two companies – Misys Asset Management Systems and Misys Securities Trading. I cannot over-emphasise the contribution David has made to Misys over the ten years he has been with the Group."