Teciem appoints MUFG Technology Chief Alla Whitston as Non-Executive Director

By Divya Shah

Why this matters: The appointment highlights the importance of banking expertise in guiding FinTech product development, cybersecurity investment and technology strategies for financial institutions.

Teciem, a provider of treasury and capital markets software, has appointed Alla Whitston as a non-executive director, completing its Board of Directors. 

Whitston is Chief Information Officer (CIO) for the Americas at MUFG, one of the world’s largest financial groups. She brings more than 25 years of technology leadership experience, having held senior positions at several major financial institutions. 

Wissam Khoury, Chief Executive Officer of Teciem, said Whitston’s appointment completed the board by bringing together expertise in software, capital markets, investment and banking technology. He added that this experience would support the company’s plans to invest and grow as an independent business. 

Based in New York, Whitston leads MUFG’s technology strategy and operations across the Americas, covering IT infrastructure, information security, technology risk and artificial intelligence (AI). She previously served as Chief Technology Officer at CIT Group and held technology leadership roles at Bank of America, J.P. Morgan and Goldman Sachs. 

At Teciem, she will bring the perspective of a banking technology leader to the Board, helping guide product development, technology strategy, cybersecurity and long-term investment. Her appointment is also expected to strengthen the company’s understanding of the needs of banks and financial institutions using its software. 

Whitston said her experience working on the banking side had given her an understanding of the technology challenges financial institutions face. She added that she would bring the customer perspective to Board discussions and help ensure that Teciem’s products continue to address the needs of its banking clients.