Published by https://fxnewsgroup.com/ on January 20, 2022
FD Technologies (LON:FDP) today announced the appointment of Usama Fayyad as a Non-Executive Director of the Group with effect from 19 January 2022.
This Board appointment supports the Group’s strategy to extend KX’s market-leading position for in-the-moment decision making and the continued focus on growth in First Derivative and MRP.
Usama Fayyad is the inaugural Executive Director of the Institute for Experiential AI at Northeastern University in Boston, a role focused on building the world’s leading research institute in AI and data science. He is also the founder and Chairman of Open Insights, a company focused on helping enterprises drive full value from their data assets.
He brings extensive experience in technology innovation and leadership around data analytics, data science and data platforms gained from holding senior roles in large enterprises including those in the financial services, technology and telecoms sectors.
Usama Fayyad started his career at Nasa’s Jet Propulsion Lab. After leadership roles at Microsoft Research and Microsoft SQL Server, he became Yahoo’s first Chief Data Officer. From there, Usama became Global Chief Data Officer at Barclays in London where he led digital transformation projects that reduced costs and helped create new data products.
Usama Fayyad commented on his appointment:
“I’m looking forward to working with my fellow Board members and colleagues across the Group. A large part of my professional career has been dedicated to helping companies, in all sectors, turn their data into valuable business assets. This closely aligns with FD Technologies’ vision of helping the world’s most ambitious companies realise the value of their data, technology and business operations to drive their organisations forward.”
Donna Troy, Chairman of FD Technologies, said:
“Usama’s cross-industry experience in data platforms and analytics, his sector expertise and deep specialisation in AI and machine learning are highly relevant and valuable skills that will assist the Group’s strategy. I am delighted to welcome him to the Board.”