SIS Group's Klein Appointed New Chairman of CLS Group
Fritz Klein has been elected as the new Chairman of the Board of Directors of CLS Group and CLS Bank International (CLS Bank). Klein is currently an Executive Director and Head of Group Services & Strategic Projects at SIS Group. He succeeds Suzanne Labarge, Vice Chairman at Royal Bank of Canada, who has chaired the CLS Group and CLS Bank since June 2001. During her tenure, Labarge has seen the CLS Group through the most important and critical period in its development, culminating in the successful launch of the CLS Bank service in September 2002.