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Credit Suisse tech head to join Avaloq

Credit Suisse tech head to join Avaloq

Banking software company Avaloq has appointed Michael Pahlke as chief service delivery officer effective 1 November.

Pahlke joins from Credit Suisse where he has led several global and Swiss solution delivery units in technology and operations as managing director for different divisions.

Prior to that, he worked for a consulting company advising clients in the financial services and high-tech sector.

Avaloq provides front and back office products to private banks. Pahlke’s expertise will help to further strengthen its position as a software provider in Europe and Asia Pacific.

Reporting to group CEO Juerg Hunziker, he will be responsible for managing company’s global banking operations and technology infrastructure.

Commenting on the hire, Hunziker said: ‘Under his guidance we remain ever more committed to driving further transformation within the industry.

‘Michael’s track-record and expertise are a perfect fit with our strategy to drive for future growth by focusing on standardisation, innovation and increased change within the banking industry.’

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