Capital Group Welcomes Guillermo Veiga as New Chief Information Officer

Capital Group, celebrated as the world's largest global active investment manager, has officially announced the appointment of Guillermo Veiga as its new Chief Information Officer (CIO). Veiga's transition into this role will commence in November, taking over from Marta Zarraga, who is set to retire later this year. Currently, Veiga serves as the Group Chief Information and Operations Officer at Standard Chartered Bank in Singapore.

A Strong Leadership Change

Rob Klausner, Chief Operating Officer at Capital Group, expressed confidence in Veiga's capabilities, remarking on how technology, data, and artificial intelligence are revolutionizing the company’s approach to investment excellence. Klausner stated, "Guillermo brings a rare combination of deep technology expertise, operational leadership, and global transformation experience. His history of leading expansive and complex organizations makes him the ideal leader to propel Capital's long-term strategy forward."

Born in Uruguay and raised in Spain, Guillermo Veiga's extensive career has been marked by his technical prowess and leadership roles across various global companies such as Amazon Web Services, Cisco, and Banco Santander. This experience positions him uniquely at Capital Group, particularly as the firm looks to enhance its technological infrastructure.

Guillermo Veiga's Vision

In expressing his excitement about assuming this pivotal role, Veiga underscored his appreciation for Capital Group's dedication to its people and culture, along with a strong client-centric approach. "Capital is at the forefront of technological advancements, and I am thrilled at the prospect of leading during such an exciting time of global expansion for the company," he remarked.

His insights into the growing influence of data and AI on corporate operations will be invaluable as Capital continues to refine its business strategy to meet evolving client needs.

About Capital Group

As Capital Group nears its 100th anniversary in 2031, its persistent focus remains on delivering successful investment solutions to improve individual lives. The firm boasts over 9,000 associates and operates 34 offices worldwide, managing approximately $3.6 trillion in assets for millions of wealth management and institutional clients.

Moving forward, under Veiga’s guidance, Capital Group aims to strengthen its technological capabilities and adapt to the rapidly changing landscape of the investment management industry. As organizations increasingly rely on data-driven decision-making, the leadership at Capital recognizes that innovation in technology is not just beneficial but essential for sustained growth. Guillermo Veiga is well-positioned to steer this critical aspect of Capital's operations into the future.

In conclusion, the addition of Guillermo Veiga as Chief Information Officer is poised to mark a significant chapter for Capital Group. With his rich background in technology and leadership, the firm is set to harness this potential to further enhance its offerings and to navigate new opportunities that technology provides.