Banking Operations and System Development Management

Trading Experience Following graduation from University (MA University of Glasgow 1972) trained as an Interbank Foreign Exchange Dealer in London and Luxembourg. Actively recruited by Texas Commerce Bank (TCB) and in 1977 transferred to be part of the Corporate FX sales operation being established in Houston. In the early 1980s, served as the salesman for TCB Bankers Acceptances in the secondary market.

Leadership Experience After a period setting up manual Foreign Exchange and Offshore Eurocurrency operations units, requested to take the lead in developing a comprehensive international banking system for Texas Commerce Bank. As a result, acquired comprehensive banking operations skills.

Global Experience Designed, developed and implemented a full scale multi-currency accounting system, and the processing modules that supported International Banking for four locations. - Houston, New York, Nassau and London.

Comprehensive Product Experience The processing modules included Foreign Exchange Trading and Sales, Wire Transfer, Cash Letter, Collections, Eurocurrency Loans and Deposits, Letters of Credit, Bankers Acceptances, Foreign Draft and Teller Cash. Developed and implemented Global Risk Management tools.

Innovation Experience Engaged a developer to write a Basic program to calculate and maintain telex test keys on the very early IBM PC. Accidentally lead the bank by purchasing the first two IBM PCs for Texas Commerce Bank in 1981. Also devised an accounting process to automatically hedge foreign currency interest payable and receivable cash flow.

Multi-disciplinary Experience Designed and built communications (Telex Swift) operations for Texas Commerce Bank. Moving Swift from its original telex interface to ST100 and upward. Also implemented and improved an in-house Datapoint based word processing and secure telex sending system.