AVALOQ APPOINTS JITEN VARU AS HEAD OF PRODUCT MANAGEMENT

Avaloq intends to further capitalise on the opportunities offered by the ongoing transformation and digitalisation of the financial industry. JitenVaru has been appointed as new Head of Product Management and will join Avaloq’s Executive Board.

With JitenVaru as new Head of Product Management and member of the Executive Board, Avaloq has won a proven expert and experienced leader. He will be reporting directly to Thomas Beck, Avaloq’s Group Chief Technology Officer (CTO). Jiten has over 20 years of experience and brings with him a wealth of knowledge in the financial software, technology and banking industry. Jiten joins Avaloq from Credit Suisse, where he had been Head of Digitalisation for the International Wealth Division. In this position, he drove the digital roadmap, refining client relationship and investment services, leveraging innovation culture for adapted products offerings. Prior to this, Jiten had been leading Digital Strategy & Products at Swissquote, where he championed strategic partnerships and product excellence.

“We are excited to have Jiten on board. He distinguishes himself through his deep understanding of the financial industry and his expertise in client centric delivery coupled with digital product excellence. With his industry knowledge and technology foresight, Avaloq will exploit new opportunities opened up by the digital transformation,” says Thomas Beck, Group CTO for Avaloq.

Jiten holds a first class degree in Information Systems Engineering from the University of Westminster. He started his career in the banking industry at ABN Amro Bank in London where he had worked for more than a decade.

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