Cordium appoints Doug Morgan as Group Chief Executive
Cordium, the market-leading provider of governance, risk and compliance services, has appointed Doug Morgan as Group Chief Executive with immediate effect. Doug assumes the leadership of Cordium’s Executive Team and will initially be based in the US before relocating full-time to the UK in Q3.
Doug brings a wealth of experience to the role, having enjoyed a successful career in financial services and technology spanning over 20 years. He joins Cordium from SunGard, where he had global responsibility for the company’s business in the asset management back office servicing and accounting space, consisting of solutions for investment accounting, mutual fund shareholder reporting, investor servicing, and financial reporting. In the course of his career, he has worked in roles spanning the breadth of the asset management industry, from global custodians and traditional asset managers through to hedge funds, funds of funds and private equity firms.
Roger Siddle, Cordium’s Non-Executive Chairman, said: “Over recent years Cordium has seen significant growth and this new management structure equips us perfectly for the next phase. Doug’s experience and skills are exactly aligned with our ambitions: to continue to develop our unique combination of software and consulting services, while maintaining our reputation for excellent client service and growing our global capabilities. We look forward to a new era of success with Doug at the helm.”
In addition to his current responsibilities as CEO of Cordium US and Software, Bill Mulligan will assume the position of Group President, reflecting both the importance of the software business to Cordium’s growth plans and his leadership in North America.
Bill added: “Just as the regulatory landscape continues to undergo major upheaval, the way in which financial services’ firms manage their regulatory obligations is also changing with the times. We have no doubt that software and automation will increasingly play a crucial role in compliance over the coming years. Having someone with Doug’s experience and credentials puts us in an ideal position to continue to build out the functionality of our specialist technology solutions.”
Doug earned his undergraduate degree at Yale and holds an MBA from the Wharton School of the University of Pennsylvania.
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Cordium is a market-leading provider of governance, risk and compliance services to the asset management and securities industry. Cordium has offices in London, New York, Boston, San Francisco, Malta and Hong Kong. The firm employs more than 200 experienced professionals who support over 1,500 clients in the financial services industry. For more information, visit www.cordium.com.