MISYS Names Steve Vaughan As Chief Executive Of Banking Division

Steve Vaughan has been appointed as chief executive of Misys Banking Systems, the banking division of Misys, starting March 20, 2006. Vaughan, 45, will assume additional responsibility as CEO of the newly created core banking business unit within Misys Banking

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Steve Vaughan has been appointed as chief executive of Misys Banking Systems, the banking division of Misys, starting March 20, 2006.

Vaughan, 45, will assume additional responsibility as CEO of the newly-created core banking business unit within Misys Banking Systems, and will report to Kevin Lomax, chief executive, Misys plc.

Vaughan most recently held the post of group CEO of Synstar plc, the pan- European IT service provider which is now part of Hewlett Packard.Previously, Vaughan held a range of roles at EDS Ltd., the global IT services outsourcing company, most recently responsible for the industry division in the UK.

Steve Vaughan brings substantial technology industry knowledge and the experience of running major international organizations, which will be invaluable to Misys, said Kevin Lomax, CEO of Misys. I look forward to working with him as we continue to transform Misys Banking Systems into the global leader in banking software and solutions.

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