Sionic has expanded its portfolio of specialist financial services with the appointment of business change and systems implementation expert Cyrus Mehta. Cyrus joins as a Director in the firm’s Wealth Management & Private Banking Practice. The Practice is led by Sionic Managing Partner Gilly Green.
Cyrus Mehta’s arrival comes a month after leading wealth specialist Shelley Doorey-Williams joined Sionic from UBS in March 2020. Sionic’s Wealth Management & Private Banking Practice is currently shortlisted in the 2020 European WealthBriefing European Awards.
Cyrus is an experienced management consultant who has managed and delivered high importance business change programmes and technology projects for a wide range of financial services firms including private banks, wealth managers, investment banks, and asset managers.
Cyrus specialises in new business line set-ups, operational transformation initiatives and major systems solution implementations.
Examples of his most recent projects include
- establishing a new discretionary investment management (DFM) business line
- implementing an award-winning online client portal service
- selecting and onboarding strategic investment platform providers
- establishing a middle office function for centralised administration
- implementing a functionally rich investment software solution
“The Coronavirus COVID-19 pandemic is creating conditions for many firms to reflect on the resilience and effectiveness of their operating models. This is no different for wealth and investment firms who have had the day to day challenges of investment performance, client service delivery and operational continuity. When firms reflect on their experience through these difficult times they will inevitably consider how their operations and services should change, not only for short term recovery but also for the longer term. This is very likely to generate an increased demand for business change and a corresponding need for the expertise to ensure its success. I am delighted to be joining Sionic at this particular time, to become a member of an impressive team that provides an excellent service to clients.”
Gilly Green adds:
“Our clients are dealing with challenges, not simply because of Coronavirus, but because of already-evident digital, technology, societal shifts, which the pandemic has accelerated. Cyrus has a proven track record of making a major difference to all his clients. I am excited that he has chosen to join Sionic, strengthening our expertise in transformation and change within our market-leading team.”
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