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10 February 2014
London
Reporter Georgina Lavers

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Simon Moorhead moves from BofE to IFDS

International Financial Data Services (IFDS) has hired Simon Moorhead as chief information officer of its global business.

Moorhead will assume overall responsibility for the global strategic development of the firm’s technology infrastructure and operations across its locations in Asia-Pacific, Canada, and Europe.

He will be based in the UK and join the IFDS board of directors, reporting to Simon Hudson-Lund, executive chairman.

Moorhead joins IFDS from the Bank of England, where he was chief information officer responsible for ensuring IT change was aligned with the bank’s policy and operational priorities.

In that role, he led the IT programme that helped create the Prudential Regulation Authority in April 2013. Previously, Moorhead was at Reuters in a global IT role after more than a decade as a management consultant for Ernst & Young and Cap Gemini. He began his career at HSBC.

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