FDM Group Announces the Appointment of Chief Information Officer
London, August 4, 2015 (Newswire.com) - In this newly-created role, Young will be responsible for driving the IT strategy of FDM, taking ownership of the IT activities inside the Group including partnerships and services, internal IT staff and IT infrastructure. Young will also play a key role in leading the Academy and its training, overseeing the career development and management of our trainees and Consultants, developing FDM’s client services and driving FDM’s alumni community initiative.
Young has almost 25 years’ experience within IT, beginning his career in Manufacturing and Pharmaceuticals and moving into Investment Banking and Markets IT. During this time, Young has worked and consulted at tier one banks including Deutsche Bank, Barclays de Zoete Wedd, RBS, ABN AMRO, J.P. Morgan and, most recently, HSBC.
Of his appointment, Young said, “Having worked with FDM as a client for fifteen years, I have now taken the opportunity to move from “buy-side” to “sell-side” and to utilise my experience to help FDM to continue to expand and grow. At FDM we have thousands of motivated, talented and inspiring IT professionals who are busy building IT solutions to enable our clients to run and develop their businesses. I am looking forward to helping FDM continue to build this talent as well as developing new and exciting services we can offer to our clients.”
FDM CEO Rod Flavell said, “Jonathan brings with him a wealth of experience within the core market of our client portfolio. The Board of Directors and I are excited about the future of FDM and look forward to welcoming the significant contributions that Jonathan will make in his role, both to the FDM consultant experience and client offerings.”
As the UK’s leading IT graduate employer, FDM employs over 1,000 graduates and ex-Forces personnel to its award-winning Careers Programme. FDM’s unique business model enables trainees to develop professional skills and as well as business and technical knowledge within FDM’s Academies globally. Once training is complete, trainees become FDM Consultants working on various client placements for a minimum of two years.
ENDS
Notes to Editors
For more information and high res images please contact Naomi.Chow@fdmgroup.com or +44 (0)1273 811 531
About FDM
FDM is one of Europe’s fastest growing professional services providers, with a focus on IT. It is well known for its unique careers programme that has offered thousands of individuals the opportunity to kick-start their career in technology and business. The company specialises in providing clients with Consultants trained in core disciplines including: business analysis, project support, project management, software development, data and operational analysis, system testing and production support. FDM provides high-value, cost-effective and low risk IT services to over 130 clients worldwide to help them achieve specific business objectives within various sectors, including financial services, media, retail, insurance and not for profit. The award-winning firm enjoys a number of strategic partnerships with leading global technology players.
Jonathan Young - Bio
Jonathan has almost 25 years’ experience in IT, initially in Manufacturing and in Pharmaceuticals and then the majority in Investment Banking and Markets IT, working for major financial services organisations.
A graduate of the Victoria University of Manchester (B.Eng. Mechanical Engineering) as well as the University of Manchester Institute of Science and Technology (M.Sc. Control Systems and Information Technology), Jonathan started his career as a developer for Optical Fibres, a subsidiary of BICC based in North Wales. Over two years there, he wrote process control software in PDP-11 Fortran and manufacturing workflow software in VMS Fortran, RMS and RDB.
Following a brief spell as a contract programmer, Jonathan spent two years writing manufacturing process development software as a Development Scientist for SmithKline Beecham based in Worthing.
Moving to Barclays de Zoete Wedd in the mid-nineties, Jonathan worked as a team leader in Fixed Income Post Trade IT on the implementation of the RIMS product before moving to ABN AMRO in 1997. During three fruitful years at ABN AMRO, Jonathan worked in London and Amsterdam on the bank-wide BASEL I Market Risk platform, leading development in UI and database and ultimately managing all development on that platform – from UI development, through database management and all risk calculations.
m.a.partners was a niche Financial Markets consulting firm for which Jonathan was an Associate Partner from 2000 to 2003. It was during this part of his career that he first worked with FDM, when he was managing the Test Centre in Fixed Income IT at J.P. Morgan and also during an assignment in Equities IT for Deutsche Bank, when he was instrumental in introducing FDM to the bank. He also worked for the CIO at ABN AMRO during their EDS outsourcing deal and worked to set up a joint venture with Indian IT Services Company, HCL Technology.
In 2003, Jonathan joined Royal Bank of Scotland as Head of Credit Trading technology and led the implementation of the first Credit Default Swap trading and risk management applications for the bank; – again engaging FDM to supply resources into that department, before moving to HSBC in July 2004 as Head of FX Options trading systems.
During an eleven year career at HSBC, at various times Jonathan ran many of the front office (trading and risk) IT teams including FX Options, Equity Derivatives, Structured Funds, Convertible Bonds, Metals and Commodities and Energy Derivatives. He was also Head of Research and Sales IT, Head of Finance and Product Control IT, held regionals roles as well as serving on the board of the captive offshore resourcing entity and leading GLT’s transformation for Global Banking and Markets (GBM).
Jonathan has experience in the management of risk, having led the IT Risk function for HSBC GBM globally from early 2014. Plus, in his last five years in HSBC, Jonathan was Managing Director running the IT for the two largest businesses in HSBC GBM (Foreign Exchange IT and Balance Sheet Management). He then ran the Production Services for Global Banking and Markets, managing around 1,000 staff and supporting all of the live systems of the GBM business.