Avaloq is today announcing the appointment of Stefan Benz as Head of Digital and Front to drive the implementation of its digitisation strategy and the related product roadmap.

Stefan, who will also be joining Avaloq’s Executive Board, brings a wealth of experience in international and transformational programs to Avaloq and the Software Development division. This includes more than 20 years in the financial services sector with positions at Lotus/IBM, Zurich Financial Services and Credit Suisse, where he recently held the position of IT Head for EMEA and Regulatory in the International Wealth Management Division.

During his career, he was also responsible for departments for business analysis, support and client account management for Front Solutions, acted as COO for the IT Investment Banking CH and implemented a unified solutions delivery methodology across the bank’s technology systems.

In addition, Stefan has a strong background in building international development centres in Europe and Asia.

In his new position at Avaloq, he will be reporting directly to Thomas Beck, the company’s Group Chief Technology Officer (CTO).

“Stefan will further improve the scalability of our delivery capability and increase our ability to innovate across the development centres in Zürich, Edinburgh and Manila. His knowledge of international transformation projects combined with hands on experience of building international scalable delivery organisations will elevate Avaloq’s ability to respond to the demands of our customers and the continuously changing financial industry”, says Thomas Beck, Group CTO for Avaloq.

Stefan completed his studies of mechanical engineering and earned a doctoral degree in simulation of robotics at RWTH Aachen, Germany.