by Peter High, published on Forbes
12-15-2015
Today, Pascal Boillat was named Chief Information Officer (CIO) and Head of Operations, Corporate & Investment Banking of Deutsche Bank. This is a newly created position that will have him reporting to Kim Hammonds who will become Chief Operating Officer of the company. These moves will be made official on January 1, 2016.
Hammonds said of Boillat’s hiring, “Pascal’s technical expertise and experience of implementing change across large teams will further strengthen our technology and operations leadership.”
Boillat is a long-time executive at Fannie Mae, where he has led a tremendous transformation, especially since the economic malaise that began in 2008. He rose from the CIO role to become the head of Operations and Technology in July of 2012. In his own description, Boillat’s responsibilities at Fannie Mae included being “responsible for day-to-day management of Operations & Technology and defining and implementing initiatives to ensure a safe & sound and sustainable mortgage finance industry.”
Boillat is a long-time financial services executive and consultant to the financial services space, having been a Managing Director at Citibank for four years from 2005 through 2009, where he was responsible for managing and delivering technology solutions for institutional, retail and prime brokerage operations. He was a Managing Director at BearingPoint prior to that.
Boillat has been commuting from New York to Fannie Mae’s headquarters in Washington, DC. He will remain in New York in his new post through 2016 after which point he will move to London.
