GFT Technologies promotes Marco Santos to group CEO

  1. Promotion of Marco Santos to Group CEO:
    • Marco Santos, who has been with GFT Technologies since 2011, has been promoted to the role of Group CEO, effective from 1 July 2024.
    • Santos has held various leadership positions within the company, starting as the country manager of GFT Brazil and later becoming CEO of GFT Americas, overseeing operations in North and Latin America.
  2. Recognition of Leadership and Technological Vision:
    • Ulrich Dietz, chairman of the administrative board of GFT Technologies, highlights Santos’ forward-thinking approach to utilizing new technologies like artificial intelligence for the benefit of GFT and its clients.
  3. The transition from Incumbent CEO:
    • Santos will succeed Marika Lulay as Group CEO, who is set to leave the company at the end of her contract on 31 December.
    • Lulay, who has been with GFT for over 20 years, is credited with the success of GFT’s international expansion, thanks to her strategic vision and leadership.
  4. Appointment of Deputy Group CEO:
    • Jochen Reutz, GFT’s current CFO since 2003, will take on the role of Deputy Group CEO from 1 January 2025.
    • Reutz’s contract has been extended until 31 December 2029, indicating the company’s confidence in his leadership abilities.
  5. Overall Organizational Changes:
    • These promotions follow the recent appointment of Ian Oswald as the company’s new Executive Director of Strategy and Offerings, showcasing GFT’s commitment to strengthening its leadership team and strategic direction.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...