Advanced Markets UBS Unified Fintech & More: Leadership Change This Week
This week was pretty exciting. The number of executive appointments in fintech, forex and crypto has increased significantly. This trend highlights the changing landscape of financial technologies.
There were notable changes in leadership this week. There were a number of notable leadership moves this week. Anya Aratovskaya joined FOUNT Global Inc. as marketing director. UBS appointed Adrian Boehler as global head of macro sales. The industry is focused on strategic expansion and adapting to changing market dynamics.
Weekly Summary: Explore the changing landscape of leadership transitions in fintech, forex and cryptocurrency. Explore the changing landscape of leadership transitions in the financial technology sector.
Lead Change of the Week
Anya Aratovskaya leaves Advanced Markets for a startup
Anya Aratovskaya announced her departure from Advanced Markets Group as Marketing Director. FOUNT Global is a startup focused on enterprise solutions. Its software-as-a-service platform aims to reduce labor friction in large companies. Aratovskaya also contributes to FXUnsensored – an educational channel/boutique consultancy she co-founded with her former colleagues.
Advanced Markets UK (a subsidiary of Advanced Markets Group) delivered exceptional performance in the 2022 financial year. Revenue rose 64% to $2.13 million. The company achieved an impressive operating profit of $374,811 despite increased administrative costs and reported a 350% year-over-year increase in net income. Strategic partnerships with brokerages such as Daman Securities and technology companies such as Brokeree Solution underline Advanced Markets UK’s growth trajectory.
Find out more about Anya Aratovskaya and her move to FOUNTGlobal, Advanced Markets UK and her strategic partnerships within the financial industry.
UBS appoints Adrian Boehler as Global Head of Macro Sales
UBS has appointed Adrian Boehler as Global Head Macro Sales. He previously worked as Global Head FX Distribution at UBS since 2019. Boehler has a wealth of experience. He spent seven years at BNP Paribas in key positions, including co-head of FXLM and commodity derivatives. He has held leadership positions at HSBC, Goldman Sachs and other financial institutions. Boehler’s appointment underscores UBS’s commitment to strengthening its macro sales department with experienced industry professionals.
David Klein’s departure from Credit Suisse as former Global Head for Private Funds underlines the ongoing changes in the Swiss investment banking industry. Klein’s move from Credit Suisse to TWG is another blow to the bank as executives look elsewhere. Significant deviations occurred during the integration process, suggesting that talent dynamics are changing within the merged company.
View more information on the strategic appointments and changes transforming Swiss banking as UBS merges with Credit Suisse.
United Fintech shakes up its leadership team after major bank investment
United Fintech Group Limited has undertaken a major restructuring of its top management just weeks after receiving strategic investments from BNP Paribas & Citi. Key executives take on new positions within the company to drive growth and emphasize a customer-centric approach. Rasmus Bagger is now Chief Commercial Officer, while Troels O. Lindblad has been promoted to Chief Financial Officer. Marc Levin is the new CEO at Athena Systems, while Luis Otero serves as chief technology officer for United Fintech.
United Fintech is reorganizing its strategic direction to position itself for growth and innovation. The restructuring underlines the company’s commitment to developing top talent and capitalizing on recent investments. The company’s focus is on customer centricity and acquisitive growth, which allows it to benefit from changing market trends and strengthen its position in the financial industry.
Learn more about United Fintech’s strategic initiatives and the leadership transition that has taken place following major investments from banking giants BNP and Citi.
Equinix CEO Adaire Fox Martin named successor
rnEquinix, Inc., a leading digital infrastructure company, has announced a succession plan for its leadership. The plan is scheduled to be implemented in the second quarter of 2024. Charles Meyers will become Executive Chairman, while Adaire F. Fox-Martin will assume the role of President and Chief Executive Officer. She is currently President of Google Cloud Go-to-Market. Fox-Martin, who has extensive technology experience including positions at SAP and Oracle, is well positioned to lead Equinix’s global expansion.
The appointment of Merrie Williamson as Chief Customer and Sales Officer at Equinix is part of a concerted effort to strengthen leadership in key areas. Williamson’s experience in customer-facing roles at Microsoft and Intel underscores Equinix’s commitment to improving customer experiences and driving growth. Equinix’s impressive third quarter 2023 financial results show that Meyers is leading Equinix on a strong growth path.
Learn more about the leadership transition at Equinix and the impact it has on the digital infrastructure market.
FX veteran joins iSAM Securities as Head of Sales
Hannah Robson, who has more than a decade of experience at major financial institutions including Bloomberg, JP Morgan and NatWest, is now Head of Sales for iSAM Securities. Hannah Robson’s focus on liquidity management and execution will help drive growth initiatives and expand the firm’s institutional clientele, with a particular focus on hedge funds and asset managers across Europe. iSAM Securities is a global provider of prime brokerage services, execution, analytics and proprietary technology.
iSAM Securities has been actively strengthening the ranks of its executives to drive its global expansion. Recent C-level appointments have underscored the company’s commitment to key markets. Aaron Brown is appointed as sales director for the Middle East and North Africa, supporting the brand’s global presence. Samuel Johnson will be managing director and Ryan Poole will be chief investment officer. This marks a significant leadership change.
Learn more about iSAM Securities’ strategic hiring drive and its transformation efforts within the financial industry.
Nikolas Aresti is appointed Director of Operations for US/UK at oneZero
Nikolas Aresti has reached a major milestone in his career. His recent appointment as Director of Operations for the US/UK region at oneZero marks an important moment in the financial technology industry. Aresti began his career at oneZero as an operations engineer in Limassol (Cyprus) and has since taken on various roles. His dedication and expertise were demonstrated as he rose through the ranks. His leadership in the company played a critical role as operations manager for the US/UK region and the retail segment. This has helped drive operational excellence and facilitate expansion efforts.
AskFX reported that oneZero Financial Systems plans to improve trading platforms with real-time market transparency in 2024. Andrew Ralich highlights key development themes such as AI for Forex data and value extraction from the flow. He also mentions a transition to T+1 settlements in North America. These platform upgrades aim to improve profit and loss tracking through integrated analytics. They also meet the demand for expanded data usage and leverage AI for transaction analysis and opportunity identification.
Learn more about oneZero’s platform upgrades. Nikolas Aresti will take a leadership role in driving operational excellence within the company.
Marex strengthens board with appointment of former CME Group CFO John Pietrowicz
John Pietrowicz is the former Chief Finance Officer of CME Group. He joins the Marex board of directors. Pietrowicz’s experience in financial markets and regulatory oversight allows Marex to easily navigate market dynamics. Considered by many to be the best CFO in the investment industry, Pietrowicz brings extensive expertise in corporate finance, mergers and acquisitions, accounting and financial markets.
Robert Pickering is CEO of Marex and he highlights Pietrowicz’s financial expertise and deal-making skills as assets from which Marex can benefit. Pietrowicz’s experience at CME Group, where he was responsible for the financial strategy of global derivatives exchanges, highlights his industry expertise and strategic knowledge. Marex is committed to strengthening its leadership team by hiring experienced financial professionals.
The appointment of John Pietrowicz as CEO and President of Marex will reveal more about the company’s expansion strategy and leadership development.
Starling Bank hires Raman Bhatia, CEO of energy utility Ovo
Starling Bank appointed Raman Bhatia as permanent chief executive officer. He was previously CEO of the energy supplier Ovo. Bhatia, who has experience in HSBC’s energy sector and HSBC’s banking software platform, will expand Starling Bank’s customer base domestically and internationally. He will be responsible for the growth of Engine – Starling’s banking software platform – with a focus on international contracts and revenue. David Sproul is Chairman of Starling Bank and believes Bhatia can capitalize on significant opportunities, particularly in the UK market, as well as expanding Engine’s global footprint.
Starling Bank differs from its competitors Monzo and Revolut by its profitability since 2022. Recent initiatives have positioned the bank as a strong contender in the digital banking landscape. Raman Bhatia’s leadership will bring valuable insight and experience to further strengthen Starling Bank’s position and growth strategy in the coming years.share sales by Jupiter Fund Management resulted in a valuation decline, which poses challenges despite impressive financial performance. Starling is seeking a stock market listing. However, slower customer growth and fluctuations in valuations could pose obstacles. Bhatia will play a key role in Starling’s success and growth.
Raman Bhatia, the new CEO of Starling Bank, is planning a strategic change. Find out what this means for the future of digital banking and what impact it will have on Starling Bank.
Millie Richardson has been appointed as Non-Executive Director at IFX Payments, contributing her more than 20 years of expertise in compliance and governance from leading companies in the sector. She will oversee the strategic orientation and risk management of IFX Payments.
The financial sector is going through a series of changes, as shown with Sara Cass being appointed as Chief Compliance Officer at IFX Payments. Also, the recent move of John Estrada to Head of Global FX at Société Générale illustrates the industry’s changing landscape. SIX just announced the appointment of David Brupbacher as Head of IT and Fireblocks appointed Michal Ferguson as Chief Marketing Officer. These changes reflect a changing industry.
John Estrada is an experienced professional who will be a valuable asset to Société Générale as its new Global Head of FX. His impressive career path from Lehman Brothers to Credit Suisse demonstrates his wealth of experience and makes him well-equipped to navigate the evolving financial industry.
Deutsche Börse AG has appointed Stephan Leithner as the new CEO with effect from October 1, 2024. Leithner will initially serve as co-CEO with Theodor Weimer, who has extensive experience in financial markets. Weimer expressed his confidence in Leithner’s leadership and their shared vision for Deutsche Börse’s future success.
Deutsche Börse under Leithner is looking to expand into new markets, including the crypto asset space, with the recent launch of the Deutsche Börse Digital Exchange DBDX. This platform provides institutional investors with regulated access to digital asset trading, settlement and custody services. DBDX is licensed by the German financial regulator BaFin and demonstrates Deutsche Börse’s commitment to meeting the needs of its customers while maintaining strict regulatory compliance.
Welcome George Kyriakoudes, Skilling’s New CFO
George Kyriakoudes has been appointed as the new Chief Financial Officer (CFO) of a brokerage firm. With his extensive specialist knowledge and experience, Kyriakoudes is set to lead the finance team at Skilling.
In other news, Michael Kamerman, the CEO of Skilling Group, has stepped down after a successful 2023. His departure marks a new chapter for Skilling as they continue to strive for success in 2024.
Changes in Leadership at Skilling
Michael Kamerman’s resignation as CEO of Skilling Group opens up opportunities for further growth and development. The company is set to focus on innovation and sustainable growth in trading technology under new leadership.
David Brupbacher to Lead IT at SIX
SIX has appointed David Brupbacher as the new Head of IT and member of the Executive Board. His extensive experience in IT infrastructure management makes him a strong fit for this role, and he is set to take over effective July 1, 2024. Brupbacher’s leadership will play a pivotal role in shaping the future of SIX’s IT operations.