Priya PatelTLDR:
Temenos, a banking software company, has announced the promotion of two key executives to its executive committee to drive the company’s growth. William Moroney has been promoted to President International and will be responsible for Temenos’ international business across Europe, the Middle East & Africa, and Asia Pacific. Philip Barnett, President Americas, has also been promoted to the executive committee. The company is aiming to increase its presence in large tier 1 and 2 banks and generate new revenue streams through partnerships.
Temenos has promoted two executives to its executive committee to accelerate the company’s growth. William Moroney has been promoted to President International and will be responsible for Temenos’ international business across Europe, the Middle East & Africa, and Asia Pacific, which represents 57% of the company’s total revenues. He will also have responsibility for partners, with a focus on generating new revenue streams through partnerships as well as increasing the company’s presence in large tier 1 and 2 banks. Philip Barnett, President Americas, has also been promoted to the executive committee. Both executives will report to Temenos CEO Andreas Andreades.
William Moroney, who has been with Temenos since 2020, has significant sales and sales leadership experience and previously held senior positions at international banking systems, technology, and outsourcing companies. He has been promoted from his previous role as Managing Director for Middle East & Africa at Temenos, where he exceeded regional business and revenue targets. Philip Barnett, with Temenos since 2003, has held several senior leadership positions and is responsible for the strategy and success of Temenos clients in the Americas.
This announcement comes as Jean-Paul Mergeai, President International Sales, steps down and retires from Temenos after 13 years. Mergeai played a key role in the growth of the company and will remain at Temenos until the end of June 2024 to ensure a smooth transition of client relationships and other projects. Lee Allcorn will take over as Managing Director for Middle East & Africa.
Andreas Andreades, CEO of Temenos, expressed his confidence in the promotion of Moroney and Barnett, stating that they will continue transforming the way the company delivers business value to its customers. He also expressed his gratitude to Mergeai for his valuable contribution to the company’s success.
