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Misys IFA supremo to move to banking arm

Misys&#39s financial services head Ivan Martin is moving to head up the group&#39s banking and securities division as part of a management reshuffle ahead of offloading its IFA networks.

Martin moves from his role as Misys financial services division chief executive to the position of chief executive of the banking and securities division. Group managing director John Sussens takes over Martin&#39s role in the short term pending recruitment of a successor.

Martin takes over from Rupert Soames who leaves after six years with the company.

Misys IFA Services chief executive Patrick Gale heads up the new network organisation in the run up to flotation, while Steve Pearson, formerly in charge of IFA Network and Financial Options, is appointed as DBS network director.

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