Banks are looking to enhance and extend enterprise efficiency through technology-enabled transformation. The focus is on how to improve customer propositions...
Author - Andrew Baker
Andrew Baker - CIO and CTO for CIB, Absa Group Limited, joined Absa in 2011. Andy is responsible for ensuring the stability, operation and ultimately transformation of the bank’s technology infrastructure, services and resources. Along with the technology executive team, he is driving the adoption of new ways of working and a new technology culture to accelerate the delivery of innovative, adaptable and customer focused technology services and solutions to the business.
Andy’s portfolio includes the dual role of leading the Corporate and Investment Banking (CIB) division. CIB delivers technology for Corporate, Payment, Risk Services, Algorithmic Trading (and market making) Prime Services, Trading Services, Product Control and Middle Office across the African continent. Prior to joining the Bank in 2011, Andrew spent more than 10 years at Barclays in the United Kingdom, first as a development manager for Front Office Trading and then as Head of Europe, Middle East and Africa (EMEA) Algorithmic Trading IT, where he managed the development of the award-winning BARX trading platform. In 2009 he relocated with his family to South Africa as the Director of Equities and Algorithmic Trading IT for ABSA Capital, where he developed a market-leading multi-asset class algorithmic trading platform. Andrew has highly technical background coupled with wide investment banking domain knowledge. He works on the boundary where quant, trading and technology meet, building stable, highly scalable environments running from a marginal cost base. He holds an honours degree in Civil Engineering from Aston University, United Kingdom.