Misys Asset Management Systems has named Chris Potts - a former stalwart of the Mondex e-cash system - as its new chief executive, replacing David Hughes, who has stepped down from the position.
Rupert Soames, chief executive of the Misys Banking and Securities division, says Hughes' departure from the chief executive's seat had been planned for some time and was made at his own behest. Hughes had been with Misys for ten years. Soames comments: "He successfully planned and completed a very complex exercise splitting ACTFS into two companies – Misys Asset Management Systems and Misys Securities Trading.”
Potts was previously chief executive at e-solutions provider Citria, where he created commercial alliances with companies including Barclaycard, Credit Suisse First Boston and UBS Warburg. He has also held sales, marketing and general management roles with Schlumberger, Cap Gemini, Gemini Consulting, and Mondex.