Stewart then moved into consulting and spent a number of years in the Middle East, United Kingdom and latterly in Eastern Europe where he was managing partner for Deloitte & Touche IT and Banking Practice based in Warsaw. He undertook many projects at both strategic and tactical levels including restructuring, privatizations, mergers, introduction of new processes and procedures plus IT software evaluation and procurement negotiations on behalf of clients, many of whom were emerging from 50 years of communist rule.

He was then appointed Managing Director of Sanchez Computer Associates, a Philadelphia based banking software and services provider owned by Safeguard Scientific, a major venture and private equity fund. Stewart built the Sanchez international business, identified and managed the formation of two significant joint ventures in India and Poland, and built an independent Europe, Middle East and African team.

Stewart has since worked on a number of assignments with other equity funds, one of which, Charlemagne Capital invested in Eastern Europe banks. As Executive Director and Chief Operating Officer of Hebros Bank Bulgaria, Stewart refocused the business and directed the whole change management, process and IT program, resulting in the successful sale of the bank to Bank Austria Creditanstaldt.

Stewart has also recently worked on assignments related to outsourcing, off shoring and marketing plans within financial services. In addition he has managed the development of an Islamic banking proposition to launch a retail/consumer bank in Europe aimed at the small and medium sized enterprise market in accordance with Sharia law.

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