Genworth Financial has hired a new chief information officer to replace Christopher Hatzidis, who left the mortgage insurer to join Aussie Home Loans last October.
The multi-billion dollar merger of financial services giants Suncorp and Promina looks set to create a new chief information officer role at what would be one of the nation's largest companies.
Former Aussie Home Loans chief information officer Steve Lindsay will take a top spot in Citibank's consumer operation after leaving the mortgage specialist in late June.
update: Aussie Home Loans has lost its second chief information officer in nine months, but Christopher Hatzidis says he's left the mortgage specialist on good terms.
The National Australia Bank will approach the overhaul of its core banking systems cautiously over the next year, spending just $30 million on the Oracle-based first stage of the project, the bank's chief information officer Michelle Tredenick said today.
The National Australia Bank has taken a pre-tax writedown of AU$409 million on its software assets for the year as botched initiatives such as its notorious global enterprise resource planning project take their toll on the financial institution's full-year bottom line.
The information technology industry continues to suffer from growing pains associated with its immaturity relative to other aspects of business, a panel including some of Australia's leading chief information officers has concluded.
Adobe Systems' Acrobat Reader software has become one of those rare birds in personal computing: a de facto standard that has nothing to do with industry giant Microsoft.
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