Fintech moves: Mizuho, FIS, Admiral Group

April proved to be a busy month in fintech. Perhaps spurred by a spring awakening of sorts, technology executives were on the move this month, many walking the well-trodden path from finance to fintech or vice versa. The final week of the month was no different. Below, bobsguide has rounded up the biggest moves in fintech from the past week.

Mizuho

Mizuho Bank’s US operation this week landed a new CTO in Cid Vyas, the former head of wealth technology at Wells Fargo. Vyas is a seasoned Wells Fargo cadre, having joined the bank in the halcyon days of 2002 at SVP levels.

In recent years, he worked across technology management for FX, liquid products, commodities and fixed income, as CTO for the macro and operations group and, latterly, as head of wealth and trust technology. Prior to Wells Fargo, Vyas spent seven years at First National Union Bank, latterly as head of intel systems, infrastructure and architecture.

FIS

The former head of technology at e-commerce platform, Retail-FCL, David Weight, has moved on to greener pastures in fintech. Namely, the chief technologist seat at fintech giant FIS. Weight spent just eight months at Retail-FCL, after holding a seat on the board of employee engagement specialist Edenred, where he also oversaw technology for three years.

A technologist with a diverse industry background, Weight has also had roles in healthcare technology at tech provider HAMBS, which serves Australia’s healthcare funds, as well as at the New Royal Adelaide Hospital. In his new role, Weight will be chiefly based in the UK.

Read more: Fintech moves – Lending Works, Blackrock, Northern Trust

Admiral Group

UK insurance giant, Admiral Group, has tapped Sanjib Dhar to head up data and analytics for the business. This is Dhar’s first role in finance, having come from a background in education technology. His resume boasts IT architect roles at distance learning specialist, learndirect, and recruitment solutions firm Spinnaker Red.

His most recent role was as head of GCP technology at Jaguar, where he spent a total of eight years across different technology divisions.

TrueLayer

The former head of technology at open banking tech specialist TrueLayer, Matt Davies, has left the business for uncharted new territory.

Leaving the cushy seat at the growing technology firm, Davies will instead focus on technology management for an as-yet-to-be-announced fintech focused venture studio and pre-seed venture capital fund, based in the Middle East.

 

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