SAP Appoints New Head of Global Financial Services

October 21, 2009 by SAP News 0

WALLDORF, GermanySAP AG (NYSE: SAP) today announced the appointment of Dominic (Don) Trotta as the senior vice president and global head of Financial Services for SAP AG. Trotta is responsible for product strategy, development and overall market positioning activities for SAP in the banking and insurance industries globally, reporting to Bob Stutz, corporate officer of SAP Group, member of the Executive Council and executive vice president of Industry Solutions, SAP.

Trotta has been a key player in the financial service sector for over 25 years, holding positions such as chief technology officer and chief information officer at top-tier global financial institutions including Barclays, Citigroup, Chase Manhattan and American Express. Over the years, Trotta has also served on numerous financial services and CIO advisory boards for major industry organizations, such as HP, Accenture, Unisys, NCR/Teradata, The Research Board, MasterCard and Visa. In 2007 he was nominated for CIO of the year in the FT Bankers Award.

“With his deep, firsthand knowledge of large-scale business and technology demands in the industry globally, Don will greatly strengthen SAP’s capability to deliver on our strategic commitment to our banking and insurance customers around the world,” said Stutz. “Having his kind of industry leadership within SAP will enable us to accelerate the already substantial momentum we have built to date and help take us to the next level in the financial services industries.”

With responsibility for SAP’s financial services industry solutions globally, Trotta will be based in both New York and SAP headquarters in Walldorf, Germany.

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Contacts:

Evan Welsh, +1 (610) 203-9742, evan.welsh@sap.com, EDT

Jim Sarlo, Burson-Marsteller, +1 (312) 596-3525, jim.sarlo@bm.com, CDT

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