FIS Banking Solutions Group announces John Durrant as President

By Edlyn Cardoza

Financial technology leader FIS announced that financial services veteran John Durrant has joined the organisation and will assume the role of President of the company’s Banking Solutions business.

Durrant joins the Company with 25 years of consumer, commercial and small business banking and payments experience, working for some of the most prestigious financial institutions in the United States, including Bank of America, Chase, Morgan Stanley and most recently, Capital One.

“I am thrilled to welcome John to FIS knowing that he brings the experience and vision to lead our Banking Solutions business into the future,” said FIS’s President Stephanie Ferris. “John is client-obsessed and has fostered a culture of innovation throughout his entire career. These qualities make him a perfect fit for FIS and will help him have an immediate impact on our clients and our colleagues.”

Durrant succeeds Martin Boyd, who recently announced his retirement from FIS. Boyd will step down from his current role as FIS Banking Solutions President.

Throughout his 25-year career with FIS and its predecessor companies, Boyd has held various global operational and strategic leadership positions in FinTech solutions, capital markets, treasury management, asset management and international distribution. Boyd oversaw the development and launch of solutions and services across the full client experience, allowing clients to borrow, save, pay, and invest, while helping wealth and retirement providers acquire, manage and grow assets worldwide.

“I want to congratulate Martin on a tremendous career and thank him for the role he has played in driving FIS’ success,” continued Ferris. “Martin has personified what it means to lead with integrity. His passion is our people and he consistently demonstrated that passion by championing workplace inclusivity and building diverse, high-performing teams.”

Recently, IBS Intelligence reported that ANZ Bank New Zealand had selected financial technology company FIS to modernise its core banking capabilities.