Finastra has announced that its CEO, Simon Paris, will resign and be replaced by Chris Walters.
Paris joined Finastra as president in 2015 and became its chief executive officer in June 2018.
Finastra is a global provider of financial services software applications for the full stack of banking products. Teh company currently reports over 8,100 financial institutions as customers.
Walters reportedly previously served as CEO of Pluralsight and Avantax. Before Pluralsight and Avantax, he served in a variety of leadership roles, including being a Partner at McKinsey & Company and the COO of Bloomberg Industry Verticals Group.
Walters stated:
“I’m excited to join Finastra at this pivotal moment in its journey and am impressed by the significant progress that has been made during Simon’s leadership. I look forward to working with the talented team to drive sustainable growth and continue to deliver more value to our customers, team members, and investors.”
Paris added that the journey with Finastra has been a privilege.
“Chris is a seasoned professional, and I am honored to ‘pass the baton’ to him. I leave incredibly proud of what Finastra has achieved so far and excited for the company’s future under Chris’s leadership.”