News

Temenos Proposes the Nomination of Two New Board Members

Comunicado De Prensa,
Temenos – Company

GENEVA, Switzerland, October 14, 2021 – Temenos (SIX: TEMN), the banking software company, today announces it will seek the election of Cecilia Hultén and Debbie Forster to its Board of Directors at the time of its AGM in May 2022, as Non-Executive and Independent Directors.

Cecilia Hultén, based in Copenhagen, is a strategic leader with more than two decades of experience in the financial industry. She has led large international sales teams for institutions including UBS and Nordea and brings a strong financial skill set with an in-depth understanding of funding, risk management and capital markets. Inspired by an extended stay in Silicon Valley, Mrs. Hultén became an entrepreneur, investor and board member, leveraging technology and behavioural design to meet real needs focusing on fintech and working with companies including Kompas Bank, a digital cloud-based lending bank for SMEs. She has co-founded two other companies, a biotech company and a data management company commercializing a project out of MIT’s Fintech program. Mrs. Hultén is also an Executive Coach at the Stanford Graduate School of Business in Corporate Innovation. She holds a BSc at Gothenburg School of Economics and studied at the MBA program at Stern School of Business, NYU.

Debbie Forster, based in the United Kingdom, is CEO of the Tech Talent Charter, an industry collective which aims to deliver greater inclusion and diversity in the UK technology workforce. Ms. Forster brings a unique skill set across the areas of technology, innovation, diversity and education, and was awarded an MBE in the Queen’s New Year’s Honour List in January 2017 for “Services to Digital Technology and Tech Development” as well as being named the “Most Influential Women in UK IT” by Computer Weekly in 2019. She currently serves on the UK government’s Digital Economy Board and its Money and Pensions Advisory Board. Previously, Ms. Forster was CEO of education charity Apps for Good, taking the organisation through a period of exponential growth, and worked for e-skills, the UK’s national IT sector skills council. Prior to this, Ms. Forster had a two-decade career in education. Ms. Forster holds an M.A. from the University of Leeds.

Commenting on the proposed nominations, Andreas Andreades, Executive Chairman of Temenos, said:

“I am delighted that we are able to propose such strong candidates for the roles of Non-Executive Director on our Board.

Cecilia brings extensive experience in financial services and as an entrepreneur, investor and board member in the fintech and biotech space, which is highly relevant given the acceleration in our SaaS business where we see strong demand from fintechs and challenger banks. In addition, Temenos itself is constantly evolving as we respond to the changing dynamics of our clients and the banking industry, and her expertise in supporting business growth and evolution will be of great benefit to our Board and management.

Debbie has a unique skill set and experience, combining technology, innovation, diversity and education. Temenos is highly focused on increasing diversity and inclusion across all levels of our organization, as well as driving

innovation across the company and enabling our employees to develop and expand their skill sets as they progress in their careers with Temenos and we establish Temenos as the ultimate learning community in the world of banking software. Debbie’s expertise in these areas will be instrumental in helping us define our strategy and approach as well as ensuring we successfully execute on our diversity and human capital objectives.”

Investor and media contacts

Adam Snyder

Head of Investor Relations, Temenos

Haya Herbert-Burns

Teneo for Temenos

Comunicado De Prensa,
Temenos