Board of Directors
The Board of Directors is a highly experienced and skilled team focused on delivering shareholder value.
Andreas Andreades, Executive Chairman
Cypriot, born in 1965
Mr. Andreas Andreades joined Temenos in 1999, initially in the position of Chief Financial Officer, before assuming the responsibilities of the Deputy Chief Executive Officer in 2001 and then the Chief Executive’s role from July 2003 until July 2011, when he was appointed Chairman of the Board of Directors. In July 2012 he was appointed Executive Chairman of the Temenos Board of Directors. Since he joined Temenos, the Company has grown from less than 150 employees to more than 4,900 and to more than 3,000 customers generating in excess of USD 730m in annual revenues and achieving a market capitalisation close to USD 9 billion, establishing it as the global leader in banking software. Since 2003 the market capitalisation of Temenos has grown by approximately 126 times or a compound average of 40% per annum.
Mr. Andreades started his career with KPMG in London in 1988 and then with PepsiCo between 1994 and 1999. Mr. Andreades holds a Master’s engineering degree from the University of Cambridge and is a United Kingdom qualified chartered accountant.
As Executive Chairman Mr. Andreades supports, advises, counsels and provides guidance to the Executive Committee. He provides guidance and support directly to the Chief Executive Officer and Chief Financial Officer /Chief Operating Officer on a regular basis. He also attends the monthly Product Board where product strategy and funding are decided and execution is monitored. The Chairman is very heavily involved in acquisitions and in key client/prospect relationships that often require the Chief Executive Officer and/or Chairman's participation to bring key deals to fruition as well as representing Temenos on key project deliveries through Steering committee representation. He therefore works full time in an executive capacity and is jointly responsible together with the Chief Executive Officer and Chief Financial Officer / Chief Operating Officer to the Board of Directors for the development and delivery of the strategic plan and the annual business and financial plan.
Sergio Giacoletto-Roggio, Vice-Chairman, Independent and non-executive Director
Swiss, born in 1949
Mr. Sergio Giacoletto-Roggio is currently an Operating Partner with Advent International, a Global Private Equity firm. Mr. Giacoletto-Roggio has served since 2009 in multiple public and private Company Boards, after retiring from Oracle Corporation where he had been a Company Officer and Executive Vice President for Europe, Middle East and Africa since 2000. He was most recently Chairman of the Supervisory Board of Oberthur Technologies Group, Paris from April 2013 until May 2017. Prior to joining Oracle in 1997, Mr. Giacoletto- Roggio was President, Value Added Services for Europe at AT&T. Earlier in his career, Mr. Giacoletto-Roggio spent 20 years with Digital Equipment Corporation in various senior management and executive roles in services, sales, marketing and information management. Mr. Giacoletto-Roggio holds a Master Degree in Computer Science from the University of Turin, Italy.
George Koukis, non-executive Director
Greek & Australian, born in 1946
As founder of Temenos, Mr. George Koukis was Chairman of the Board of Directors until July 2011.
Mr. George Koukis has been active in the software industry for more than 40 years, having begun at Qantas where he was heavily involved with the computerisation of the company's management accounting department. He then spent six years with Management Science America in Australia where he held various management positions, including managing director.
Mr. Koukis holds a degree in commerce from the University of Technology in Sydney, Australia and is a registered Certified Practising Accountant (CPA). Mr. Koukis is currently Chairman of the Board of Trustees of the Classical Opera, a non-profit organisation based in the United Kingdom and is a Board member in seven private companies operating mainly in IT and Green Technologies.
Mr. Koukis is a Fellow of King's College London and he is also an Adjunct Professor at the University of Technology Sydney, Australia.
Ian Cookson, Independent and non-executive Director
Swiss, born in 1947
Mr. Ian Cookson has been active in the financial services sector for over 30 years and has built one of the most efficient IT operations in Private Banking worldwide.
Mr. Cookson acted as Chief Operating Officer of EFG International and a member of the Executive Committee until September 2007, and he was previously a member of the Executive Committee of EFG Bank (since 2002). Prior to this, Mr. Cookson was the Deputy Chief Executive Officer of EFG Bank (1997-2002), Chief Operating Officer of Banque de Dépôts, Geneva (1991-1997) and the Head of Management Services of CBI-TDB Union Bancaire Privée (1986-1991).
Erik Hansen, Independent and non-executive Director
Danish, born in 1952
Mr. Erik Hansen is a recognised software industry veteran with over 30 years of experience as a senior executive at leading software companies.
Mr. Hansen is currently Chairman of the Board of Myriad Group AG having previously been CEO and Board Member at Day Software (2008-2011) which was acquired by Adobe in 2010. Prior to this, Mr. Hansen held several senior leadership roles at companies including TIBCO Software (2000-2004),Siemens Pyramid Technology Inc. (1997-2000), TA Triumph Adler (1994-1997) and Apple (1990-1994), both in Europe and in the United States.
Mr. Hansen holds a degree from the business college in Horsens, Denmark.
Thibault de Tersant, Independent and non-executive Director
French, born in 1957
Mr. Thibault de Tersant is a member of the Board of Dassault Systèmes and has been executive vice president and CFO of the company since 1988 and Senior EVP since 2006. During his tenure in Dassault Systèmes, Mr. de Tersant, who manages an organization in charge of Finance, Legal, Sales Administration, Pricing, Contracts Negotiations, Internal Control and M&A, has conducted more than 80 successful acquisitions totalling around USD 5bn. He oversaw Dassault Systèmes' successful initial public offering on the Paris and Nasdaq stock exchanges in 1996, as well as a secondary offering in 1997. Mr. de Tersant has more than 25 years of experience in the software industry. Mr. Thibault de Tersant is a graduate of the ESSEC Business School and of the Institut d'Etudes Politiques de Paris.
Amy Yip, Independent and non-executive Director
Chinese (Hong Kong), born in 1951
Ms. Amy Yip has over 35 years of experience in global financial markets covering different aspects of the industry. She is currently a Managing Partner of RAYS Capital Partners Limited, an Executive Director of Vitagreen, Hong Kong, an independent and non-executive director of AIG Hong Kong, an independent non-executive director of Fidelity Funds Board and a member of the Supervisory Board of Deutsche Börse AG.
Ms. Yip began her career at the Morgan Guaranty Trust Company of New York (1978-1985), going on to hold progressively senior appointments at Rothschild Asset Management (1988-1991) and Citibank Private Bank (1991-1996).
Ms. Yip also served as an Executive Director of Reserves Management at the Hong Kong Monetary Authority from 1996 to 2006, where she was responsible for the investment of the assets of the Exchange Fund of Hong Kong. In 2006, Ms. Yip returned to the private sector as the Chief Executive Officer of DBS Bank (Hong Kong) Limited (2006 to 2010), where she was concurrently Head of the Wealth Management Group at DBS Bank.
Ms. Yip was awarded the Bronze Bauhinia Star in the Hong Kong Special Administrative Region in July 2000. Ms. Yip holds an M.B.A. from Harvard Business School and a BA from Brown University.
Peter Spenser, Independent and non-executive Director
British and American, born in 1954
Mr. Peter Spenser has over 35 years of experience in the financial services sector and technology.
Until June 2016 he was a senior Partner at Deloitte Consulting in the US where in addition to serving a number of major clients (Global Banks, Brokerages and Wealth & Asset Managers), he led a number of practice areas including the Investment Management practice and also the Global Financial Services IT and Data Analytics practices. Prior to this he was Director of Engineering at AcquiData, Inc. which he co-founded (1985–1990), Director of Software Systems at Magnaflux, Inc. (1982-1985) and a developer/analyst at Logica (1979–1982).
Mr. Spenser has a BA and MA in Theoretical Physics from Cambridge University and a Ph.D. in Astrophysics from University College London.