Broadridge, Markets.com and More: Executive Change of the Week
By: Tom Hazan
This week was quieter than the week before, with a significant drop in executive appointments in fintech, forex and crypto.
Recent financial leadership appointments: Chad Alderson promoted to general manager of global tech and operations for Broadridge Canada; Luis Dos Santos Promoted to Global Business Development Director at Markets.com; Matthew Davidson becomes CEO of IG Group Australia and New Zealand, Linton White becomes country head for ATFX South Africa and Valerie Urbain becomes CEO at Euroclear following Lieve Mostrey’s retirement. These appointments reflect strategic changes within their respective organizations and emphasize growth and excellence in various areas of the financial sector.
Our weekly roundup looks at the changing world of financial technology leaders, including the latest developments in foreign exchange, cryptocurrency and fintech.
Executive Change for the Week
Broadridge Canada Appoints Chad Alderson as General Manager, Global Tech and Operations
Broadridge Financial Solutions, Inc. appointed Chad Alderson as General Manager, Global Technology and Operations in Canada. Alderson has extensive experience in the financial services industry. His role will be critical in optimizing global trade operations and technology. He will lead the modernization and expansion of capital markets and asset management offerings. Alderson’s appointment marks an important moment for Broadridge. His career spans two decades and he was previously a vice president at TD Bank, where he distinguished himself by driving change in the financial services industry.
Canada is a strategic market for Broadridge and Alderson’s expertise fits perfectly with its goals. Broadridge aims to further establish itself as a trusted technology partner and innovator in the Canadian financial services industry. As head of Broadridge’s Canadian wealth division, Alderson will work with other departments to deliver exceptional service. Alderson’s responsibilities include overseeing the GTO roadmap for strategic growth and introducing new generation solutions.
Alderson was CEO and Director of LTI Financial Services Technology before joining Broadridge. He expanded service offerings to meet the changing needs of Canada’s financial services and insurance industries. Broadridge’s recent financial performance is a testament to its success, as the company reported significant increases in both total income and earnings per share. This success is due to new company acquisitions, internal growth and organic expansions in the Global Technology and Operations and Investor Communication Solutions segments.
View more information about Chad Alderson and his role in Broadridge’s strategic expansion, including its impact on Canadian financial services.
Markets.com welcomes Luis Dos Santos as head of global business development
Markets announced .com announced Dos Santos’ appointment as Global Business Development Head on his LinkedIn profile. Dos Santos has extensive experience from his key positions at Vida Markets Trading 212 and London Capital Group.
He began his career in finance in London, where he worked for London Capital Group for almost four years. He then took on the role of Head of Client Service and On-Boarding at Trading 212 in the UK. Dos Santos played a key role as Head of Partnerships at Vida Markets. He contributed to the company’s growth in a rapidly changing market.
In his new role as Global Business Development Head at Markets.com, Dos Santos is well positioned to build new global partnerships and drive innovation. This appointment is in line with Markets.com’s global expansion strategy, which aims to target key personnel through appointments.
Markets.com’s growth and strategic initiatives in the global financial industry are revealed.
IG promotes the CEO of its New Australia and New Zealand units through an internal promotion
IG Group, which was listed in London Financial company The company announced a major leadership change with the appointment of Matthew Davidson as chief executive officer (CEO) for its Australia and New Zealand division. Davidson, now based in Melbourne, took on his new role as part of an internal promotion. Davidson has had a remarkable journey with IG Group, spanning nearly two decades. He joined the group in London in 2005 as a qualified distributor. Over the years he climbed the corporate ladder and held various positions including Futures and FX Quote Dealer, Chief Futures Dealer and Deputy Head of Futures and FX.
IG Group has a global presence and is licensed for regulatory purposes in many countries, including Australia and New Zealand. This strategic appointment is consistent with IG’s commitment to strengthening its global operations and ensuring strong leadership in key regions. There have been further notable changes and appointments within IG Group in recent months. Eren Eraslan became head of Northern Europe and Andrew Wood joined as Institutional Sales Manager for the Prime Division. It is also worth noting that IG Group implemented cost-cutting measures that resulted in a 10% reduction in staff.
Find out more about IG Group’s internal promotions and ongoing leadership changes as the group prepares to welcome a brand new Group CEO later this month.
Linton White takes over as Country Head at ATFX South Africa
ATFX Global is a major player in the CFD industry and has appointed Linton White as the new Country Director for South Africa. White has extensive experience in financial services. He was previously General Manager of Scope Markets and held positions at Atossa Capital (Pty) Ltd and Veracity Markets. ATFX takes a big step with the appointment of White as the company looks to increase its presence in the South African market.
ATFX Global South Africa will expand its reach under Linton White, serving both retail and institutional clients. White’s experience is consistent with ATFX’s commitment to providing tailored financial solutions. This appointment demonstrates ATFX’s commitment to excellence and growth in the region.
Learn more about Linton’s appointment and ATFX’s impressive third quarter performance.
Euroclear appoints Valerie Urbain as CEO, succeeding Lieve Mostrey
Euroclear announced that Valerie Urbain will succeed Lieve Mostrey as the new Group Chief Executive Officer (CEO) was appointed announcing the resignation of Lieve Mostrey. Mostrey has been responsible for Euroclear since January 2017. She is credited with expanding Euroclear’s global footprint through strategic acquisitions and improving its fund offering. Valerie Urbain has extensive experience in the Euroclear organization, having worked there since 1992.
Urbain is currently Chief Business Officer, where she oversees commercial and product developments and plays a key role in shaping business strategy. Their customer-centric initiative has resulted in record levels of customer satisfaction and sustained company income growth in 2023. Urbain has held various roles at Euroclear, including CEO of Euroclear Bank and CEO of Euroclear ESES Central Securities Depositories. She also managed key subsidiaries. The Board has expressed its confidence in Urbain and is committed to supporting her and the management team and providing value to stakeholders.
The transition between Mostrey and Urbain ensures a smooth transfer. Urbain will then officially assume the role of Group Chief Executive Officer after the mandates of Euroclear board members are renewed at the general meeting in May 2024. Euroclear is an important capital markets infrastructure that continues to provide settlement and custody services. Risk reduction, automation and efficiency are paramount when serving its global customer base.
Find out more about Valerie Urbain’s appointment and the future direction of Euroclear under her leadership.
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