GFT Technologies AG appoints Jean-François Bodin to its Executive Board

Feb. 15, 2011 - PRLog -- The Supervisory Board of GFT Technologies AG (GFT) has adopted a resolution to appoint Jean-François Bodin to the company’s Executive Board. The internationally experienced manager has been responsible for GFT’s Resourcing division since 2006 and will continue to drive the development of this business segment at Board level. “The GFT Group has enjoyed encouraging growth over the past few years. By strengthening our Executive Board with an additional member and extra expertise, we aim to lay the foundation for further sustainable growth and enhance our global positioning,” states GFT’s CEO Ulrich Dietz.

Jean-François Bodin began his career with Sage Group plc and was then appointed Sales Director by the Dutch group Randstad before joining the Parity Group in 2000. Since 2006, Jean-François Bodin has been responsible for GFT’s Resourcing division, which he has successfully developed over the past few years. He led the division’s expansion into the UK and Switzerland and considerably strengthened GFT’s position on the German and French markets. As a member of the Executive Board, Jean-François Bodin will step up the Resourcing division’s international expansion.

Franz Niedermaier, Chairman of the Supervisory Board of GFT Technologies AG, states: “With his outstanding expertise and the respect he enjoys among our clients and employees, Jean-François Bodin is ideally suited for a seat on the GFT Executive Board.”

The expansion of its Executive Board reflects the GFT Group’s positioning as an integrated global IT service provider with its growth segments Services and Resourcing. “We see tremendous potential in the placement of freelance IT specialists and engineers. Surveys show that the global demand for highly skilled IT experts and engineers will continue to grow. At the same time, companies must become more flexible with regard to manpower planning and know-how. Both these trends will significantly enhance growth in this business over the coming years,“ explains CEO Ulrich Dietz.

“In addition to the logistics sector, both the telecommunications industry and the financial services sector rely heavily on the use of external IT specialists combining technical and functional expertise. Demand is particularly strong for specialist knowledge in the fields of IT Security and SAP. Our centres of excellence in specific fields of technology are designed to meet these market needs and increase our customers’ agility. They enable us to swiftly provide clients with know-how tailored exactly to their current needs. Our objective: to attract the best international staff for the best projects,” says Jean-François Bodin.

The appointment of Jean-François Bodin to GFT’s Executive Board will not affect the remaining responsibilities of the other Executive Board members: as CEO, Ulrich Dietz is responsible for the corporate divisions Strategy, Marketing, Media and Investor Relations. The Chief Operating Officer, Marika Lulay, will continue to head the Services division. Dr. Jochen Ruetz (Chief Financial Officer) is responsible for the corporate divisions Finance, HR, Internal Audit, Legal Affairs, Purchasing and Internal IT. The appointment of Jean-François Bodin is expected to be effective as of 1 March 2011.

About GFT:

The GFT Group, headquartered in Germany, is an international provider of innovative IT solutions and services. As a strategic IT partner, GFT supports its clients in the optimisation of their business processes through intelligent IT systems and specialists and thus sustainably improves their competitive positions.
GFT is among the world's leading IT service providers in the financial services sector. The company combines established technology experience with a wide range of industry expertise, in order to develop, implement and maintain customised IT solutions (Services division).

GFT recruits and places IT freelancers across a range of industries and locations. It also oversees the complete management package for its clients. The basis for this is a worldwide reserve of experts, consisting of over 180,000 freelance IT specialists (Resourcing division).

Ulrich Dietz founded GFT in 1987 and is now CEO and principal shareholder of the Group which, in 2009, achieved revenues of around 217 million EUR. It has more than about 1300employees at locations in seven countries. GFT shares are listed on the Frankfurt Stock Exchange (Prime Standard: WKN 580 060, GEX).

Contact:

Kate Warwick, PR Savvy
T +44 (0) 78 1069 7282
Kate.warwick@prsavvy.co.uk

Or

Andrea Wlcek
Director of Global Marketing, Media & Investor Relations
GFT Technologies AG
Filderhauptstraße 142
70599 Stuttgart
T +49 711 62042-440
F +49 711 62042-301
andrea.wlcek@gft.com
www.gft.com

# # #

PR Savvy is shrewd about creating relevant PR strategies and savvy about securing meaningful results for our clients. A London-based business, we have developed a strong reputation for our perceptive approach to PR and what makes a client newsworthy.