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London, 26th May 2011

Citisoft, a leading global investment management consulting firm, has strengthened its management team with two senior appointments. Steve Young has been recruited as Head of Business Development, and Neil Craddock has been appointed as Chief Operating Officer of Europe. These appointments follow the announcement of senior hires in the US earlier this month as Citisoft readies itself for growth at the start of its new financial year.

Steve Young is a senior industry executive with 30 years experience across a wide ranging spectrum of the investment management sector. He was one of the four man team that created Rhyme Systems following a management buy-out from Misys PLC in 2003. Prior to Misys and Rhyme, Steve held senior positions at Thomson Reuters, Extel Financial and Datastream.

Immediately prior to being appointed as COO, Neil Craddock was a Principal Consultant and head of Citisoft’s Wealth Management Practice. Since joining Citisoft in 2000 Neil has managed several large programmes, helping drive many Citisoft clients through transformational and global change. More recently, Neil has successfully built out the Wealth Management Practice and has also taken on responsibility for managing several strategic client relationships.

“We are thrilled to be able to bolster the European management team with two such strong candidates”, comments Jonathan Clark, Group CEO of the global consulting company. “Neil, having been with Citisoft for over ten of his 25 years in the industry, was an obvious candidate to move into this new role as we extend and enhance the services we provide to clients whilst streamlining our own business operations. We’re very fortunate to be able to coincide this with Steve’s joining. Steve brings with him a wealth of entrepreneurial experience, and I have no doubt he will make an instant contribution to our growing business”.

Notes to Editors:


Citisoft is a specialist consulting firm that focuses solely on investment management. With a client base of more than 75% of the top 50 global asset managers, Citisoft is the foremost supplier of strategic planning and implementation services to the institutional and wealth management sectors.

For further information:

Russ Bryan
Ascension Consulting
Tel 020 7100 6111

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