INDUSTRY APPOINTMENTS & ACQUISITIONS
Cloudera names new VP for UAE and Turkey accelerating regional ambition
Cloudera has appointed Nick Loumakis as
Vice President for the UAE and Turkey, reinforcing its growth and AI-driven data strategy in the Middle East.
A proven leader in data and analytics, Loumakis joins Cloudera with more than 20 years of experience in data, analytics and enterprise software across the Europe, Middle East and Africa region.
Throughout his career, Loumakis has transformed regional go-to-market strategies and built strong C-level relationships with major enterprises. Holding a Master of Business Administration from London Business School, he brings a deep understanding of open-source platforms and enterprise sales.
Nick Loumakis, Regional Vice President, Cloudera Middle East, said:“ I’ m excited
to join Cloudera at a time when organisations across Nick Loumakis the region are accelerating their data and AI ambitions. Cloudera’ s hybrid data platform is uniquely positioned to help enterprises unlock the full value of their data while meeting the security, governance and scalability requirements of today’ s most demanding environments. I look forward to working with our customers, partners and teams across the region to help drive the next wave of data-driven innovation.”
Ahmad Shakora, Group Vice President South-META, Cloudera Middle East, said:“ With Nick stepping into this role, we are confident that his leadership will help accelerate our regional momentum, deepen strategic partnerships and support organisations across the region in unlocking the full value of their data.”
Finastra strengthens AI capabilities with new centre of excellence and leadership appointment
Artificial Intelligence is creating new opportunities across the financial services industry, helping institutions improve efficiency, insight and decision-making.
At Finastra, AI initiatives are already underway across engineering and product development to internal operations and customer-facing initiatives, helping teams work smarter and enabling new ways to support financial institutions around the world.
As these efforts continue to expand, Finastra is taking the next step to co-ordinate and scale its work in this area.
The company announced the establishment of a centralised AI
Chris McClellen
Centre of Excellence( COE) and the appointment of Chris McClellen as SVP, Group Head of AI, reporting to Chief Technology Officer Mike Stawchansky, to lead the initiative.
The AI Centre of Excellence will bring together expertise from across Finastra to help coordinate AI initiatives, share best practices and accelerate innovation across the organisation.
“ AI presents an important opportunity for the financial services industry and Finastra has already built a strong foundation of work across the company,” said McClellen.“ I’ m excited to help bring these efforts together, build on that progress and support the continued development of AI capabilities across the organisation.”
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