CySEC LMAX Saxo and More: Leadership Change of the Week
By: Jared Kirui
- The fintech, investment banking and regulation, FX, proprietary trading and capital markets sectors all saw significant leadership changes this week.
This week saw a slight increase in the number of notable executive hires, promotions and departures compared to last week. In this exclusive report, we focus our coverage on notable developments in fintech and investment banking, FX, proprietary trading and capital markets regulated.
LMAX has hired a new managing director to drive growth strategy; Saxo has appointed Andrew Bresler as UK CEO; CySEC has appointed Panikkos Vakkou as Muinmos’s deputy chairman, a former LEGO veteran; Pit Group’s Chief Marketing Officer Themis Christou has left the company; FinCom is strengthened by the onboarding of FastMT’s CEO; Stephanie Eckermann will lead Deutsche Börse’s new post-trading division.
Read our coverage of the latest leadership changes. Fintech, Investment Banking & Regulation, Forex, Proprietary Trading & Capital Markets Sector
Leadership Change of the Week
LMAX welcomes new Managing Director to spearhead growth strategy
LMAX Group appoints Chris Knight as Managing Director. Knight is a financial markets professional with over 30 years of experience. Years of industry experience, will relocate from Sydney to London. Position with an operator of institutional exchanges in foreign exchange and digital asset trading.
Knight will initially lead operations. Future growth strategy of LMAX Digital, the institutional cryptocurrency exchange that LMAX Group operates. He has held notable positions in his career including APAC Head, Distribution and Liquidity Optimization for XTX Markets and Overseas. He was Head of Corporate Banking at Standard Chartered Bank for a decade. FX, Rates and Credit e-commerce strategy.
Learn more about the appointment of Chris Knight as Managing Director of LMAX.
Saxo appoints Andrew Bresler as UK CEO
Saxo has appointed Andrew Bresler as UK CEO, effective June 3. He succeeds Simon Camilleri, who served as UK CEO. Bresler is an experienced interim CEO. Bresler is a finance professional with extensive experience. He was a key member of Saxo APAC’s leadership team, holding the position from 2016 to 2018. He was Deputy Head of Sales Trading in Singapore. From 2016 to 2018, he was Deputy Head of Sales Trading in Singapore. During this time, he focused on growing the bank’s client base in APAC.
Bresler was also Regional Head of Brokerage, Portfolio Finance and Digital Investments for Asia and EMEA at Citibank. He has held various leadership positions at InvestCloud. He managed day-to-day operations and contributed to APAC regional development from Singapore.
Learn more about Andrew Bresler, the new CEO of Saxo UK.
Panikkos Vakkou is appointed as the new Vice Chairman of CySEC
Panikkos Vakkou was appointed by the Cypriot government as the new President. Vice President of the Cyprus Securities and Exchange Commission. Vakkou joined the regulator’s seven-member Executive Board earlier this year. Giorgos Karatzias was recently appointed Vice Chairman of the Council. The Senior Advisor to the Board of Directors of the Central Bank of Cyprus. Vakkou is an Operations Manager at Haogen and is also a Credit Risk Manager. Technology and Chartered Financial Analyst (CFA).
Lambertides is also a Professor of Finance. The Department of Commerce, Finance and Shipping is based at the Cyprus University of Technology and joined the Council after Karatzias left the company. Lambertides has been a member of the academic fraternity since the beginning.
Read more about Panikkos Vakkou’s appointment as Vice Chairman of CySEC.
Muinmos: “Critical for future growth” Former LEGO veteran on the board
Kirketerp Móller was the former Head of Operations at VELUX Foundations and VKR Holding as Director of VELUX. He worked for five and a quarter years for Danish Industries, a private business and employers’ association representing more than 20,000 companies in Denmark.
Read more about Anders Kirketerp Moller’s joining Muinmos.
Themis Christou, Chief Marketing Officer of Trading Pit Group, is leaving the company
The Trading Pit, a proprietary trading company, is saying goodbye Themis Christou served as Chief Marketing Officer for two years. His previous company was M4Markets. His previous college was Harvard University. The graduate has worked at Tickmill in a variety of roles including Senior Marketing Specialist, Group Marketing Project Manager, Global Head Marketing Projects. Interim CMO is the next step.
Christou spoke about the transition when he said: “I am excited to begin a new exciting endeavor,” he said. “Not only will I be using my expertise, but I will also be setting new standards for the industry. Details of the next chapter will be announced shortly. “to make a meaningful contribution.” The Trading Pit recently announced significant changes to its senior leadership team. Lothar Spencer is one of the new appointments. His Monroe Trout is also joining in June 2022.
Themis Christou, Chief Marketing Officer of Trading Pit Group, has left the company.
FinCom Strengthens DRC by Onboarding CEO of FastMT
Aytugan Khaffilov, Founder and CEO of FastMT, was appointed by Finmon to the Dispute Resolution Committee. Khafizov was the 37th member of the DRC since its inception in 2013.
Sam Low, CEO of LiquidityFinder, joined earlier. The Dispute Resolution Committee has appointed its 34th industry expert to its committee since its inception. Founded in 2013. Low has nearly 30 years of experience in the industry. Prior to founding, held positions at Finalto LP, Bloomberg LP, and First Derivatives. LiquidityFinder is now available in 2018. He worked for Pivotal in 1998, Bloomberg LP and Bloomberg LP since 1997. Positions at Integral Development Corporation & First Derivatives Technologies.
Learn more about the appointment of Aytugan Khfizov to FinCom as CEO and founder of FastMT
Stephanie Eckermann to head Deutsche Börse’s new post-trade department
Deutsche Börse AG has appointed Stephanie Eckermann as a new member of the Executive Board, effective June 1. Eckermann will lead the newly created post-trade department, which integrates securities services and fund services with post-trade service provider Clearstream. Eckermann is a member of the Deutsche Börse Group. She has been there since 2020. She has been with Deutsche Börse Group since 2020. She currently holds the position of Managing Director, where she heads the Strategy & Controls Post-Trade area within the department under the leadership of CEO-designate Stephan Leithner.
Martin Jetter commented on the appointment. The Chairman of the Supervisory Board of Deutsche Börse AG said: The Supervisory Board has appointed Eckermann as a leader with a high reputation in our industry. As a new member of the Executive Board, she will bring her expertise and experience to the company. She has played a key role in dramatically transforming Clearstream’s business in recent years. We are confident that “Eckerman will successfully develop the group’s after-trading business.”
Find out more about Stephanie Eckermann’s new role at the helm of Deutsche Börse’s new post-trade department.
Check out ml;rse’s latest updates on post-trading services.