Raymond James (RJF) said early Thursday that Vin Campagnoli (left) had been promoted to chief information officer for the company. Since joining the firm in 2011, he had been in charge of technology for the Private Client Group.
Campagnoli continues to report directly to Bella Allaire, executive vice president of technology and operations. The two IT veterans have worked together previously at UBS, Morgan Stanley and Prudential/Wachovia.
“With more than 25 years in the financial services industry focusing on increasing business productivity and efficiency through technology, Vin is uniquely qualified to further align Raymond James’ information technology with our businesses,” said CEO Paul Reilly in a press release.
“Honing our organizational structure to ensure we continue to deliver integrated, industry-leading tools that help our advisors serve their clients and grow their practices is a top priority,” Reilly added, “and Vin’s appointment will help ensure we deliver on that promise.”
Raymond James said last week that it had just wrapped up the successful IT integration of the Morgan Keegan operations, which the firm acquired last year.
The St. Petersburg, Fla.-based broker-dealer says that over the 10-month integration, more than 500,000 client accounts were transferred from Morgan Keegan to Raymond James. To make this happen, Raymond James employees were trained and deployed as conversion specialists were trained and deployed to about 100 branches.
“Vin’s appointment reflects the firm’s dedication to significant investment as we strive to become the industry leader in technology,” said Allaire, in a statement. “Our accomplishments in 2012 under Vin’s leadership were numerous, including launching Advisor Access, an innovative high-performing platform and central point of interaction with Raymond James technology for advisors.
Tim Eitel, Raymond James’ former CIO, will take on an advisory role.
“We are very grateful for Tim’s leadership, rich history and almost 30 years of contributions to Raymond James and our technology,” noted Reilly.