Banking technology provider CSI has appointed Michel Jacobs as its new chief strategy officer (CSO). Jacobs, who possesses nearly four decades of industry experience, will come out of retirement to assume the role effective immediately.
Image: LinkedIn
Prior to joining CSI, Jacobs served as chief sales officer at Technisys for three years before retiring in September 2023. He has since been serving as a strategic advisor to digital wallet platform Universal Ledger. His career also includes stints in senior positions at major financial technology organisations including FIS and Intellect Design Arena. He has also spent over 12 years as an advisory board member at ModoPayments.
According to CSI, Jacobs will guide the company’s long-term growth strategy through mergers and acquisitions, market expansion, business diversification, and “value creation initiatives”.
Nancy Langer, who was appointed president and CEO of CSI in May, says Jacobs has a “deep understanding of the challenges community institutions face” and will work with the team to “refine and execute” a roadmap of products to help businesses tackle these challenges.
“Community financial institutions are fighting an uphill battle against mega-banks and fintechs that only technology can win,” Jacobs adds.
CSI is currently strengthening its market position with the impending acquisition of Apiture, expected to close in Q4 2025. The company says the purchase will enable it to “power every stage of the account holder lifecycle, including core banking, digital banking, customer engagement, and lending”.
Source: https://www.fintechfutures.com/
