appointed Peter Middleton as executive chairman.
Middleton joins Syscap with a CV notable for a series of high
profile positions in the financial services sector.
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“We are delighted to be welcoming someone of such pedigree in
financial services and business leadership,” said Syscap CEO,
Philip White.
Middleton’s experience dates back to the mid 1980s, when he
headed the Banking Operations at Midland Bank International. After
a five-year spell at the Thomas Cook Group, where, as CEO, he
turned around the fortunes of the travel operator, he took over as
CEO of Lloyd’s of London. There, he created the framework for the
reorganisation of the Lloyd’s market and moved it from a previous
trading loss of £8bn to a profit of £3bn over his three-year
tenure. In 1995 he took over as CEO of Salomon Brothers and in 2000
he was appointed transaction director for Nomura International.
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