CSFB’s John Bottega has left the firm for pastures new.
Bottega has jumped ship and landed at Citigroup’s Corporate & Investment Banking (CIB) unit, as chief data officer, the first time we’ve encountered this title in our industry. In this role, he’ll be responsible for planning and managing CIB’s data strategies, policies and line functions, working closely with internal infrastructure, technology and data teams. His responsibilities will extend beyond reference data into front office, operations, finance, compliance and risk.
Bottega has been a vocal proponent of the proper management of reference data projects, and as such as been a regular on the trade show event schedule. This has supplemented his activities as chairman of the executive committee of the Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) and his membership of the Enterprise Data Management Council, plus his work on data standards.
Bottega will have his work cut out for him at Citi, which recently paid £6.4 million in back-payments and penalties to the London Stock Exchange for unauthorized use of its data (A-Team Insight, February 2006).