BoA's Stephen Miller to take reins as Park Group CIO

Multi-retailer prepaid gift card provider Park Group has appointed Stephen Miller as its chief information officer - a non-board position - it announced on Tuesday.

The AIM-traded firm said Miller would bring “extensive experience” in financial services technology innovation and implementation, spanning multiple businesses, sectors and geographies.

In his previous role, Miller spent two years as head of Bank of America Merrill Lynch in Chester - one of the bank's primary global support hubs.

In that position, he oversaw the technology and operations teams supporting card, network, transaction and investment banking core businesses, as well as digital innovation, command centre, information security, business resilience and other aligned support functions.

Before moving to the North West, Miller worked in London as chief information officer of Standard Chartered Bank for the UK and Europe, having previously been group head of fixed income and derivative operations in Singapore for five years.

Park Group said his experience also spanned senior IT and operations positions at Bear Stearns and JP Morgan, as well as various government and regulatory committee and advisory roles in the UK and overseas, most recently with the Bank of England FX joint steering and cyber security committees.

Miller began his career in the Royal Navy, and was currently a council member of the Business Disability Forum, which championed the use of technology to provide accessibility for all in the workplace.

“The appointment of someone of the experience and expertise of Stephen as our new CIO fits extremely well with what Park has evolved into, with IT innovation at the heart of its offering,” said Park Group CEO Ian O'Doherty.

“More importantly, he will be invaluable to our product and services development and IT operations as we continue to grow in the future.”