EidosMedia has named Christian Pelanconi as its new chief executive, succeeding Gabriella Franzini who retired at the end of last year.

Pelanconi - who has a background in financial and card processing - will head up the digital publishing systems developer as it becomes increasingly involved in the financial sector.

At software and technology services company FIS, he was responsible for the institutional and wholesale division in the EMEA region. Prior roles at SunGard - now part of FIS - have included developing non-Asian emerging markets, merger and acquisition activity in Europe and operational responsibilities in France and southern Europe.

Pelanconi (pictured) says EidosMedia has superb technical solutions, very talented people and an exceptional customer base: "As well as its consolidated position in powering more than 70 leading organisations in news media, financial services and corporate publishing, I believe that it has considerable potential in the new areas the company is now entering, such as the public sector and life sciences."

He thanked Holger Hofmann - who was managing director of EidosMedia's German subsidiary - for guiding the company over the transition period. "I look forward to working with him as chief operating officer, fully supporting our growth plans," he added.