Financial technology leader FIS (NYSE:FIS) announces that financial services veteran John Durrant has joined the organization and will assume the role of President of the company’s Banking Solutions business effective September 1, 2022.

Durrant comes to FIS with 25 years of consumer, commercial and small business banking and payments experience, working for some of the most prestigious financial institutions in the United States including Bank of America, Chase, Morgan Stanley and most recently, Capital One.

Durrant succeeds Martin Boyd who recently announced his retirement from FIS. Boyd will step down from his current role of FIS Banking Solutions President effective September 1, 2022. However, he will remain with the company through the end of the year to ensure a smooth transition.

Throughout his 25-year career with FIS and its predecessor companies, Boyd has held a variety of global operational and strategic leadership positions in fintech solutions, capital markets, treasury management, asset management and international distribution. Boyd oversaw the development and launch of solutions and services centered across the full client experience, allowing clients to borrow, save, pay and invest, while helping wealth and retirement providers to acquire, manage and grow assets around the world.