Ex-HSBC CIO takes chairman role at CLS as Hartsink steps down
Ken Harvey, the erstwhile HSBC group chief technology and services officer and group chief information officer, is to become chairman of CLS Group Holdings and CLS Bank International, succeeding Gerard Hartsink who will retire in October.
Harvey, an independent member of the CLS Board of directors since 2012, was one of the prime movers in the One HSBC technology strategy that saw the bank spend several years and several billion pounds in an ambitious but ultimately failed attempt to create a single global platform at the bank.
He left HSBC at the beginning of 2011. Harvey also sits on the senior advisory board at Oliver Wyman, a management consultancy firm and is an independent director at Amber Road, a provider of on-demand global trade management software and solutions.
“CLS plays a pivotal role, providing stability in the largest and most liquid market, foreign exchange,” said Harvey. “I look forward to working with my fellow board members and the executive team as we take the organisation and our offering forward to new markets and regions, to the benefit of the global financial eco-system.”
David Puth, chief executive of CLS said: “[Harvey’s] strengths, both as a recognised leader in business technology and as a former senior executive in the banking industry, position him very well to lead the board. Additionally, his extensive international experience in Asia, Europe and the Americas will help take CLS forward into our next phase of growth.”
