Logica, a business and technology service company, has appointed Richard Davies as director of Asia-Pacific (APAC) for its global financial products business (GPB). Based in the Singapore office, Davies’ main objective will be to build Logica’s financial institution client base in the region, and support these clients in their payments modernisation initiatives.
In his new role, Davies will identify opportunities for growth, as well as further strengthen Logica’s relationships with its current APAC-based clients, which include Standard Chartered, the Central Bank of the Philippines, India and Sri Lanka, Clearing and Payment Services (CAPS) in Singapore and National Australia Bank.
“Banks in APAC are finding they need to drive improvements in their payments operations in response to the fiercely competitive landscape, increased regulatory demands and evolving customer requirements. They are realising that it is crucial to have in place technology that supports their business needs in addressing payment issues within a fragmented marketplace,” said Davies. “I look forward to extending the footprint of our best practice payments solutions in this region.”
For the past three years Davies served as Logica’s director of global payments, based in London. In this role, he helped to further establish its global products business in Europe, the Middle East and Africa (EMEA). Additionally he brings more than 25 years of payments industry experience, having also worked in several management roles within MPCT, American Express and Thomas Cook Group.
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