QinetiQ North America (QNA) has appointed Gary Slack as executive vice president (EVP) and chief financial officer (CFO). In his new role, Slack will have responsibility for finance and accounting, treasury and risk management, as well as play an expanded role in strategy and business operations.
Prior to joining QNA, Slack spent 13 years with BAE Systems, serving most recently as the president of the company’s US Combat Systems business where he directed operations involving more than 9,000 employees across 16 states.
Prior to joining BAE Systems, Slack was the director of group finance for TRW’s systems and information technology group. He has also held positions at BDM International, Honeywell Federal Systems and the Virginia Department of Taxation.
Slack holds a Bachelor of Science degree in Business Administration from Longwood University and is a certified public accountant (CPA).
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.