Movers and Shakers: New CEO named by RPA vendor Workfusion

Two leading players in the robotic process automation (RPA) space made executive hires this month, including today’s announcement by WorkFusion that Adam Famularo will lead the vendor as its new chief executive officer. [caption id="attachment_219869" align="alignright" width="300"] Adam Famularo, CEO of WorkFusion[/caption] Famularo joins WorkFusion from erwin Inc., where he served as CEO and doubled revenue over a four-year period, according to a WorkFusion release. erwin was acquired this year by Quest. WorkFusion ranks as a leader among RPA vendors in industry ratings from IT research firms Forrester and Gartner, competing with Automation Anywhere, Kryon, Nice and UiPath. The RPA vendor counts Deutsche Bank , Scotiabank , Bank of Montreal , LPL Financial and TransUnion among its customers. WorkFusion also offers an artificial intelligence component in its platform. Famularo is the most recent executive hire for New York-based WorkFusion. The vendor also recently added Peter Cousins as chief technology officer and Brian Kyle as chief financial officer. WorkFusion completed a $220 million funding round in March, bringing its total funding to $341.3 million, according to Crunchbase. Meanwhile, RPA vendor Automation Anywhere recently announced Ben Yerushalmi as its new senior vice president of global alliances and channels. Yerushalmi spent the last seven years at Salesforce, where he built and led alliance teams globally. His expertise includes driving partner and program strategy, go-to-market initiatives and demand generation. He also brings experience in growing channels, new product launches and strategic acquisitions. Yerushalmi is the latest addition to the San Jose, Calif.-based Automation Anywhere team, following the appointments earlier this year of Sumit Johar to chief information officer , James Budge to chief financial officer and Mike Mucucci to chief operating officer. The RPA vendor has raised $849.3 million in nine funding rounds, according to Crunchbase, and is rumored to be planning its initial public offering later this year. Plaid hires its first chief privacy officer Data aggregator and API integrator Plaid announced its first chief privacy officer last week. [caption id="attachment_219870" align="alignleft" width="300"] Sheila Jambekar, Plaid chief privacy officer[/caption] Sheila Jambekar joins San Francisco-based Plaid from global communications platform-as-a-service company Twilio, where she served as vice president, deputy general counsel and data protection officer. She also worked as litigation and then lead product counsel at the gaming giant Zynga. Jambekar’s new role will involve partnering with internal and external policy makers, consumer advocates and privacy groups to promote industry-leading standards of data stewardship, the company said in a statement. She will advocate for “a standards framework to protect consumers' right to access and control their own financial information,” the company said. Such rights are considered central tenets of the open banking and open finance movement. Jambekar will report to Plaid's General Counsel Meredith Fuchs. Plaid has raised $734.3 million over seven funding rounds, according to Crunchbase. RBC names Nadine Ahn CFO It was a busy month at the Royal Bank of Canada , starting with the $1.3 trillion bank’s announcement that it will promote Nadine Ahn to chief financial officer effective Nov. 1. Ahn will replace Rod Bolger, who will leave the lender after a decade. Currently, Ahn is senior vice president, head of investor relations and capital markets finance. She will also take charge of the bank’s corporate development. Ahn becomes the only female CFO among Canada’s Big Six banks. The bank also expanded the role of Neil McLaughlin, head of personal and commercial banking, to lead startup funder RBC Ventures. Finally, RBC appointed Maria Douvas, currently general counsel, to the role of chief legal officer. M&T Bank snags chief data officer from JPMorgan Chase M&T Bank named Eric Nyabiosi, former managing director at JPMorgan Chase , as the $150.6 billion bank’s new chief data officer. [caption id="attachment_219871" align="alignright" width="300"] Eric Nyabiosi, M&T chief data officer[/caption] Nyabiosi will be based at the bank’s new $58 million, 330,000-square-foot technology hub in Buffalo, N.Y., where he will help grow the technology team with CIO Mike Wisler. M&T is in the process of hiring more than 1,000 new technologists to revamp its technology ecosystem. Nyabiosi brings experience in artificial intelligence, machine learning and customer experience to the tech table. Prior to his work at JPMorgan Chase, Nyabiosi led the data science organization at Comcast and held high-level analytics and data roles at Citi and Toyota. Other notable hires this month: JPMorgan hired technology banker Alok Matapurkar from Bank of America. Matapurkar joins the technology investment banking group, according to Bloomberg News. He will report to Madhu Namburi, head of the group, and work closely with Greg Mendelson, who leads East Coast tech banking and fintech. The bank also promoted Tim Carpenter in Boston and Matt Seiter in San Francisco to be co-heads of the enterprise and cloud sector. Meanwhile, the $3.7 trillion bank lost Brian Truesdale, who was global head of software investment banking, to $2.2 trillion Citigroup, where he will be chair of global technology banking, capital markets and advisory. Bank of America hired Mary Hines Droesch as head of consumer and small business products. She comes to $3 trillion Bank of America from Citigroup, where she most recently served as chief marketing officer for U.S. consumer business. Banking software provider nCino recently named Anthony Morris as its new head of global banking strategy and customer advisory. Morris spent the past decade as vice president and global head of banking go-to-market at Salesforce. nCino clients include $1.9 trillion Wells Fargo , $3 trillion Bank of America, $1.9 trillion Barclays and $89.5 billion Santander. Wells Fargo has promoted Kyle Hranicky to chief executive officer of commercial banking, replacing Perry Pelos, who will transition to an advisory role until he retires in 2022, the bank stated. Simmons Bank promoted commercial banking veteran Marty Nay to executive vice president and president of its Texas metro division. Nay served as the $23.3 billion bank’s Kansas City market president for the past five years.

Movers and Shakers: New CEO named by RPA vendor Workfusion

Plaid hires its first chief privacy officer, RBC names new CEO and M&T snags chief data officer from JPMorgan

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Movers and Shakers: New CEO named by RPA vendor Workfusion

Plaid hires its first chief privacy officer, RBC names new CEO and M&T snags chief data officer from JPMorgan

FIs look to disaster recovery solutions amid ransomware attacks

DeFi ‘blowing up,’ Coinbase chief compliance officer says

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