LPL is making a strong statement on technology as the firm brings on an experienced leader to help take it to the future.
On Tuesday, LPL Financial announced the appointment of Sushil “Sid” Vyas as executive vice president and chief technology officer of infrastructure and operations.
The firm said Vyas will be responsible for ensuring the stability and reliability of LPL’s operating platforms. Reporting to Greg Gates, managing director and chief technology and information officer, he will be based at LPL’s Fort Mill campus in South Carolina.
In a statement Tuesday, Gates highlighted Vyas’s “leadership in managing risk platforms, driving agile transformations, leading technology delivery teams, and overseeing cloud migrations.”
“In an era where advanced platform protections and operational precision are increasingly crucial, [that experience] uniquely positions him to enhance and safeguard our platforms,” he said.
Vyas built up a record of driving global strategy and delivering cost-effective solutions over the course of 25 years spent leading and transforming technology organizations within large financial institutions.
He joins LPL from Mizuho Americas, where he served as chief technology officer of Mizuho America Services. Before Mizuho, he held various technology leadership positions over a 20-year span at Wells Fargo and its predecessor companies.
“I’m honored to join the skilled technology team at LPL and a Fortune 500 company at the forefront of technology innovation in financial services,” Vyas said.
“As we continue to grow and evolve, my focus will be on leading our efforts to streamline processes, mitigate risk and enhance the performance of our technology platforms,” he said.
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