FRS, a provider of enterprise risk and regulatory compliance applications, has appointed Steven Husk as its new CEO.
Husk’s key role will be to oversee business strategy and operations that will support the dynamic growth of FRS worldwide. Husk’s expertise is focused on building successful IT firms, notably in the financial services sector. Before joining FRS as Executive Chairman in 2006, Husk was President of SunGard Trading and Risk for five years, where he led a team of more than 500 specialists responsible for marketing, developing and installing applications for global capital market institutions.
Prior to SunGard, Husk held a series of senior management positions at Iris Financial Engineering, Infinity Financial Technology, Oracle, Sybase and Comshare.
“It’s a very exciting time to be leading FRS in such a fast growing and dynamic marketplace,” says Husk. “We are now positioned to concentrate fully on the execution of our vision to become the premier solution provider that can blend the regulatory, risk and performance functions through a single repository across a bank.”
“Over the next few months, we will be making a series of personnel announcements as we continue to round out our senior management team, attracting the best and brightest talent available in the industry. I look forward to taking FRS to the next level.”
“We are excited that Steven has accepted the challenge to take FRS to the next level in our effort to be the premier supplier of risk and regulatory solutions to financial institutions around the world,” says Michael Wand, managing director, The Carlyle Group. “His extensive experience in successfully growing financial IT organisations, coupled with his leadership skills makes him the ideal person to lead our team.”