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SunTrust Names New CIO

SunTrust names Anil Cheriyan, former IBM executive, CIO to succeed Tim Sullivan, who is retiring.

Anil Cheriyan has been named the new chief information officer at Atlanta-based SunTrust Banks, Inc. Cheriyan, who will join SunTrust on April 2, 2012, and report to Chairman and CEO William H. Rogers, Jr., will succeed Tim Sullivan, who has served as CIO since 2003 and is retiring.

Cheriyan, joins SunTrust from IBM Global Business Services, where he has served as a senior partner serving financial services industry clients and led a variety of business systems transformation, technology and process re-engineering initiatives. Prior to joining IBM in 2002, he was a partner with PricewaterhouseCoopers Consulting (PwCC) and served in leadership roles on a variety of systems, customer information, data warehousing and e-business engagements. Previously he was a senior consultant with EDS and information services manager for TVS Clayton, Ltd.

"Anil Cheriyan brings outstanding technology experience and expertise leading transformational systems initiatives," said CEO Rogers in a press release. "Technology's role in the banking business cannot be overstated. From responding to evolving client preferences in the way they want to bank and manage their finances, to developing new and more effective and efficient means of safeguarding information security and processing transactions, technology will remain a critical aspect of our growth and operating strategy."

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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