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HomeBankingFormer Bank of America MD Mieko Shibata named new R&T Deposit Solutions...

Former Bank of America MD Mieko Shibata named new R&T Deposit Solutions CIO

Date:

    • R&T Deposit Solutions, a US-based provider of cash management and deposit placement programs, has named Mieko Shibata as its new Executive Vice President and Chief Information Officer (CIO).
    • Shibata will also serve as a member of the company’s executive management committee and will oversee R&T’s technology strategy.
    • Susan Cosgrove, R&T’s executive chairperson, highlights Shibata’s extensive experience in financial technologies and expects her contribution to advance the company’s digital transformation efforts.
    • Shibata joins R&T from Bank of America, where she held various tech leadership roles, including head of global markets regulatory reporting technology and head of global markets FX/OTC derivatives post-trade technology.
    • Before her tenure at Bank of America, Shibata held leadership positions at Morgan Stanley, JP Morgan, and the Depository Trust & Clearing Corporation (DTCC).
    • Founded in 1974 and based in New York, R&T provides liquidity management, deposit funding, and securities-based lending solutions to the financial service sector.
    • Shibata’s appointment reflects a trend of recent CIO appointments in the industry, including Barrett Schiwitz at Basware and Sue Britton at Beem Credit Union.

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