Putnam Investments has named Philippe Bibi senior managing director and chief technology officer, the company announced today. Bibi will be responsible for all aspects of Putnams systems infrastructure and development, as well as the companys technology integration.
Bibi replaces Gavan Taylor, who held the position of chief information officer before departing Putnam on disability leave, according to Matthew Keenan, a spokesperson for the company.
Previously, Bibi served as managing director and chief technology officer at Enron Corp. in Houston. He originally joined Enron as vice president for the companys wholesale merchant unit. Prior to that, he was senior vice president of global systems for Lehman Brothers.
Philippe brings a unique and critical skill set to Putnam, said Putnams head of investments and technology, Tim Ferguson, to whom Bibi will report. He has strong, deep knowledge of technology along with the advantage of having run a business. His early career in financial services gives him valuable perspective on our industry and business needs.
Bibi received a bachelors degree in computer science from Brunel University in London and a masters in systems analysis and finance from the London School of Economics and Political Science.