CUA appoints new CIO from KPMG

Customer-owned financial institution CUA today announced that it had filled the hole left by its former CIO's departure, sourcing a KPMG executive to handle its future transformation plans.

In June this year, former CUA CIO Barry Los announced that he would be taking early retirement, leaving the bank without a CIO to manage the switching of its in-house core banking system for an off-the-shelf system from Tata Consultancy services.

However, now the organisation has found a CIO, David Gee, who comes to the bank from KPMG's Australian IT advisory practice, where he was a director. Before that, Gee held a CIO position at pharmaceutical company Eli Lilly, with CUA stating his strengths as business process re-engineering and six sigma.

"We are delighted to announce the appointment of such a high-calibre CIO. I am confident that David's international experience and background in transformational change will bring great perspective to the organisation, and ensure we remain focused as we continue to refine our IT strategy," CUA's Chief Executive Officer, Chris Whitehead, said in a statement.

"CUA has a number of major IT-related projects underway, including the installation of a new core system and the development of our digital strategy. Recently, we've had great success with the launch of iPhone and Android applications and our Facebook site, and we look forward to David's passion for innovation in the digital space to progress these initiatives."