Guy Dubois Joins Temenos As CEO
01 July 2011
GENEVA, Switzerland – 1st July 2011 - Temenos (SIX: TEMN), the market leading provider of banking software, today announced that Guy Dubois has joined the company as chief executive officer (CEO), succeeding Andreas Andreades, who becomes chairman. Guy has also been elected as member of Temenos Board of Directors.
Guy has more than 30 years’ leadership experience in the software industry, including PeopleSoft, where he led strategy, business development and execution for all company activities outside North America, and Amdocs where he was the executive vice president and president of its global business division. Most recently, Guy was CEO of hub-based mobile communications solutions provider MACH Group.
“Under Andreas’ leadership, Temenos has already achieved tremendous success and I look forward to leading the company in the next phase of its growth. Temenos boasts unrivalled products, people, an exceptional customer base and a proven track record, which provides an excellent foundation on which to build our future success. It is an exciting time to join Temenos given the banking industry is undergoing such significant structural change. The core banking systems market is one of the few that remains underpenetrated and where Temenos’ products can offer our clients such major benefits in improved efficiency, agility and customer service. Having worked in more mature software industries, I can see enormous potential for Temenos to build on its leading position globally and we are perfectly placed to capitalise on this huge market opportunity”, commented Guy Dubois, CEO, Temenos.
“I am delighted to welcome Guy to the team. He is a great leader with a wealth of software experience and the right man to lead Temenos during its next phase of growth. I look forward to supporting him fully in what I believe is a truly exciting time for Temenos”, commented Andreas Andreades, Chairman, Temenos.
About Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is a global provider of banking software systems in the Retail, Corporate & Correspondent, Universal, Private, Islamic and Microfinance & Community banking markets. Headquartered in Geneva with more than 60 offices worldwide, Temenos serves over 1100 customers in more than 120 countries. Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ experience in over 600 implementations around the globe. Temenos’ advanced and automated implementation approach, provided by its strong Client Services organisation, ensures efficient and low-risk core banking platform migrations. Temenos is top of the IBS Sales League Table 2010; winner every year since its launch of the Best Core Banking Product in Banking Technology magazine’s Readers’ Choice Awards and ranks 26th in the American Banker top 100 FinTech companies. Temenos customers are proven to be more profitable than their peers: data from The Banker – top 1000 banks shows that Temenos’ customers enjoy a 54% higher return on assets, a 62% higher return on capital and a cost/income ratio that is 7.2 points lower than non-Temenos customers. For more information please visit www.temenos.com
Other Temenos contacts:
Max Chuard
Temenos Director
Corporate Finance & IR
Member of the Executive Board
Tel: +41 (0) 22 708 1482
Email: mchuard@temenos.com
Sarah Bowman
Associate Director, Investor Relations
Tel: +1 646 472 8069
Mob: +1 646 752 5463
sbowman@temenos.com
Petra Shuttlewood
Temenos PR Manager
Tel: +44 (0) 207 423 3751
Email: pshuttlewood@temenos.com
Claire Barry
Hudson Sandler for Temenos
T +44 (0)20 7710 8940
Email: cbarry@hudsonsandler.com