Temenos AG Announces Management Changes; Announces A Dividend for the Full Year 2018
February 12, 2019 at 12:30 pm EST
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Temenos AG announced that Panagiotis Spiliopoulos is joining as CFO from 31 March, 2019. He joins from Vontobel, where he headed research and was a member of the Investment Bank's executive management team with Takis Spiliopoulos, joining as CFO, and strengthening of the company's executive committee with Jean-Michel appointed as COO; and Alexa Guenoun, the company's chief customer officer, joining the executive community as well. The company's also announced that David Arnott is stepping down as a CEO on February 20. Max Chuard will become CEO, effective 1st March, '19. Max is the natural successor to David and has been so for several years, given his extensive experience in the business and the strength of his leadership. The
Company announced a dividend of CHF 0.75 for the full year 2018, an increase of 15% from last year. That is subject to shareholders' approval at company's AGM in May.
Temenos AG, formerly Temenos Group AG, is a Switzerland-based company engaged in the development and marketing of banking software systems. Its services include implementation, performance optimization, integration, administration, maintenance, upgrades, training and support for its software solutions. It offers solutions for retail, corporate, universal, Islamic and microfinance and community banking sectors, as well as for Private Wealth Management. The Company's client base consists of mostly banking and other financial services institutions. Its core products are Temenos T24 Core Banking (T24), a front to back office, Customer Relationship Management (CRM) and product lifecycle management software platform, as well as Front Office, an integrated, role-specific, and multi-channel solution that supports banksâ daily interactions and long term relationships with their retail, corporate, mass affluent, and High-Net-Worth (HNW) customers. It offers also funds and securities solutions.
TEMENOS AG 
