Capitolis Names Bank of America’s Murugan Manickam as CTO
Capitolis is a financial technology company focused on developing platforms and infrastructure for financial markets. The chief technology officer role is central to setting its engineering strategy, shaping system architecture and supporting product development, making the appointment significant as the company seeks to strengthen its technology foundation and sustain innovation.
Capitolis has appointed Murugan Manickam of Bank of America as its new chief technology officer, according to the company’s latest announcement. Manickam will oversee efforts to advance the firm’s financial technology platform and development architecture. Capitolis did not disclose the appointment’s effective date, compensation terms or any financial amount associated with the executive move.
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The history behind this eventCapitolis Names Ashwath Bhat as Chief Financial Officer
Capitolis provides technology that helps financial institutions optimize balance-sheet exposures, release capital and remove constraints on trading. The appointment comes as the fintech company expands its products and client network, making finance leadership increasingly important to maintaining operating discipline and supporting growth. Bhat brings more than two decades of experience spanning strategic planning, corporate finance and capital markets at public and private-sector organizations.
Capitolis said on July 27, 2026, that Ashwath Bhat will become chief financial officer effective Aug. 3 and report to founder and Chief Executive Officer Gil Mandelzis. Bhat most recently served as CFO of AI and analytics company Fractal, where he helped lead its February 2026 initial public offering, after more than a decade in senior finance roles at Nielsen. He succeeds Lindsey Baptiste Fiedler, who has led Capitolis’ finance function since 2020 and will remain as an adviser during the transition.
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