SAP appoints new senior VP and GM for financial services in APAC

• 21-year industry veteran Andrew Pitcher joins from Accenture
• To drive SAP’s Financial Services business across Asia Pacific

SAP has appointed former Accenture man Andrew Pitcher (pic) to the newly-created role of senior vice president and general manager of Financial Services for Asia Pacific and Japan, effective immediately.
 
Pitcher will lead and build on SAP’s rapid regional growth in the banking, insurance and capital markets, the German software powerhouse said in a statement.
 
In this new role, Pitcher is responsible for driving the cross-functional development of SAP’s Financial Services business across Asia Pacific and Japan, in tandem with the company’s global Strategic Industries.
 
Based in Singapore, Pitcher reports directly to Steve Watts, president of SAP Asia Pacific and Japan.
 
“The financial services industry in Asia Pacific and Japan provides significant growth potential for SAP,” said Watts.
 
“We have created this new position to take full advantage of the opportunities that are opening up to us thanks to our innovative technologies, including our cloud solutions and SAP HANA,” he said.
 
Pitcher brings 21 years of experience in financial services. Before joining SAP, he spent 17 years with Accenture and previously worked with National Australia Bank as a retail and commercial banker.
 
During his time at Accenture, Pitcher served some of the world’s most significant financial organisations, garnering diverse experience in sales, delivery, technology, client relationship management, and large scale transformation, SAP said.
 
“Now more than ever, innovation is critical to financial institutions in their everyday, real-time transactions,” said Pitcher.
 
“SAP provides financial services solutions that empower banks with real-time information to help protect the organisation from risk, enables them to gain insight into banking operations enterprise-wide, and to proactively manage risk and compliance.
 
“Solutions such as SAP HANA and SAP’s customer information management software will be a key difference in helping banks and their partners to run better,” he claimed.
 
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SAP powers up for HANA-powered Business Suite in APAC

 
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