CIBC Mellon appoints new CIO to drive technology and AI initiatives – Benefits and Pensions Monitor

Seasoned executive with global fintech and pension expertise steps into the CIO role
CIBC Mellon has named Alastair Angus as chief information officer (CIO), effective September 2. In this role, he will oversee the company’s technology, data, and artificial intelligence strategies. 
Angus has more thantwo decades of experience in technology and AI strategy, digital transformation, and product delivery. His background includes senior roles in asset management, investment banking, and fintech in the US, UK, and Canada.  
At Canada Pension Plan Investments, he directed technology delivery as the firm grew towards $1tn in assets under management. He also led global capital markets technology teams at HSBC and developed technology solutions for institutions such as Credit Suisse, UBS, and Morgan Stanley.  
Most recently, he was Interim CIO at Prospect 33, an AI-focused capital markets fintech, where he brought its first product to market. 
“Technology and data are at the heart of how we deliver for our clients, and we are pleased to welcome Angus to CIBC Mellon,” said Mal Cullen, chief executive officer of CIBC Mellon. 
He added that Angus’s expertise in financial services technology and AI will support the company’s transformation agenda and strengthen its position for the future. 
Angus said the pace of change in technology and artificial intelligence is reshaping financial services.  
He added that he looks forward to working with the team to develop solutions that meet client needs now and in the future. 
Angus is a member of the governing body of Toronto CIO, an industry group for technology executives in the Greater Toronto Area. 

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