FIS Announces Greg Montana as Chief Risk Officer

JACKSONVILLE, Fla.--(BUSINESS WIRE)--

FIS™ FIS, the world's largest provider of banking and payments technology, today announced that Greg Montana has been named Chief Risk Officer (CRO). Upon assuming this executive-level position, which reports directly to FIS Chairman and Chief Executive Officer Frank Martire, Montana will lead the strategic development and execution of FIS' enterprise-wide risk program.

A seasoned risk management professional, Montana joins FIS after serving as senior vice president and senior operational risk executive for Bank of America^®. Prior to joining Bank of America, Montana held the positions of senior director, global risk operations at PayPal™, Inc. and director, operational, credit and compliance risk for Lloyds Banking Group, PLC.

As the world's No. 1 provider of financial services technology, FIS endeavors to be a model for excellence across all facets of information technology and continues to make significant advancements in managing operational risk across its entire global enterprise.

“Risk management is an important function for everyone in the financial services sector,” said Martire. “We continually devote resources to provide the best possible service to our clients. Adding the extensive experience that Greg Montana has will ensure that FIS stays on the forefront of managing risk for our company and our clients.”

About FIS

FIS FIS is the world's largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 426 on the Fortune 500 and is a member of Standard & Poor's 500® Index. For more information about FIS, visit www.fisglobal.com.

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.