In 2009, Raymond Spencer returned to Australia following 35 years of living and working in the USA, India and Europe.
During this time, Raymond led a couple of lives. He spent the first 20 years overseas in the non-profit world working with the Institute of Cultural Affairs a United Nations–recognised private voluntary organisation focused on worldwide rural and community development.
In 1989 he had a major career shift and started Kanbay International an IT services company focused on serving the financial services industry.
As Chairman and CEO he led Kanbay from its inception through its acquisition by Capgemini in 2007 for Aus$1.7 billion. At that time, Kanbay had over 7,500 associates in fourteen cities across eight nations. Following Kanbay’s acquisition Raymond was CEO of Capgemini’s Global Financial Services Business Unit, which he launched for the Group. He was a member of the Group’s General Management Board and reported to the Group CEO.
Raymond was appointed Chairman of the South Australian Economic Development Board on January 2011. Raymond is Chairman of the South Australian Health and Medical Research Institute (SAHMRI).
Raymond is also Chairman or a board member of a number of private and public companies in Australia and the USA.
In 2013 was awarded an Honorary Degree of Doctor of Humane Letters by the University of Arizona.