CSC Expands Financial Services Team in Australia
News Release -- February 18, 2010
Sydney, Australia, 18 February 2010 – CSC (NYSE: CSC) today announced the appointment of Simon Millett to director of banking within its Financial Services team.
In this newly created position, Millett will spearhead CSC’s banking strategy in Australia to increase the company’s footprint with new and existing clients.
“With over 22 years of experience, Simon has a track record of leading and building banking business operations in Australia, UK, the Pacific, Asia and Africa,” says Stephen Kowal, general manager of financial services for CSC. “He brings to CSC a deep understanding of the strategic challenges facing banks in Australia and globally.”
CSC has deep relationships with many Australian banks and financial services firms providing a number of systems such as Hogan Core Banking system suite and CAMS II Cards and Payments suite, CSC’s goal is to become a leading banking systems integrator and enterprise-wide IT services partner delivering greater business value in this challenging economic climate to the Australian banking sector.
Background
Following an 11-year career in the Royal Australian Navy, Millett began a career in the financial services industry in 1988. As a management consultant at Westpac Banking Corporation in Sydney, he undertook roles in project management, business development, strategy and finance. Millett was consequently appointed as CEO of Pacific Commercial Bank in Samoa and managing director and CEO of Westpac Bank in Papua New Guinea.
In 2001, he joined Standard Chartered Bank PLC in London and then served as managing director and CEO in Sierra Leone. In 2003, he commenced a four-year assignment as managing director and CEO in Standard Chartered Bank in Nigeria. Most recently, Millett was Standard Chartered’s group head of service and operational excellence, based in Singapore.
As part of the CSC team, Millett will have immediate access to over 10,000 dedicated CSC banking and finance professionals around the world. He will be instrumental in bringing global best practices and banking technology leadership to help shape a more enhanced and integrated enterprise approach for CSC’s banking clients in Australia.
CSC provides mission-critical business solutions and services and supports over 5,500 financial services firms in over 50 countries, including 1,200 major banks, insurers, investment management and securities firms globally.
Millett has a Bachelor of Science degree from the University of New South Wales, Sydney and a Master of Business Administration degree from Macquarie University, Sydney.
About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, VA., CSC has approximately 92,000 employees and reported revenue of $16.0 billion for the 12 months ended January 1, 2010. For more information, visit the company’s Web Site at www.dxc.technology.
