This week, there was an upsurge in the executive moves from
notable brands in the industry across the sectors, such as fintech, forex,
digital asset, and regulatory sectors. This compared to most appointments,
promotions, and exit reported last week.
Tradeweb reshuffled its executive team, whereby President
Thomas Pluta left, while Amy Clack joined as the CAO; PayPal named Walmart’s
Former Executive Srini Venkatesan as the Chief Technology Officer; Hantec
Markets onboarded Rajan Naik as the Global Head of Marketing; Susanne Chishti
will retire as CMC Markets’ Non-Executive Director; Dukascopy Bank’s Former
Executive Sofian Berrahal stepped in as the CEO of Nexpay; Marex Group named
Liz Barrett as the Group Head of HR, succeeding Karen Neffar; SEC’s Crypto
Chief David Hirsch resigned after nearly nine years, LMAX tapped Blockchain
Technology Expert Luke Dorney to spearhead digital asset custody service;
Andrew Taylor joined Scope Prime as the APAC Head.
Delve into our executive move segment this week as we
uncover important appointments, departures, and promotions across the industry
in our exclusive coverage this week.
Tradeweb Reshuffles Executive Team: President Thomas Pluta
Leaves, Amy Clack Joins as CAO
Tradeweb Markets made notable changes to its leadership
team. The firm appointed Amy Clack as its new Chief Administrative Officer
(CAO), while President Thomas Pluta will be leaving later this year. Clack is
an experienced executive with over 25 years of experience in the financial
services sector. She joins Tradeweb from Wells Fargo’s Corporate and Investment
Banking unit. Her professional background includes a role as Chief Operating
Officer for Investment Banking and Capital Markets at Credit Suisse.
Amy Clack, Source: LinkedIn
In her new position as the CAO, Clack will oversee
operations, business integration, risk, and corporate services, working closely
with Tradeweb’s leadership to sustain the company’s growth trajectory.
Tradeweb’s CEO Billy Hult mentioned: “We are pleased to welcome Amy Clack
to the team as CAO. Clack brings a wealth of relevant expertise in driving
best-in-class global operations and acquisition integration, making her ideally
suited to help accelerate our progress.” Meanwhile, President Pluta will
exit the firm effective September 30, 2024.
Discover more about leadership changes at Tradeweb and the appointment of Amy Clack and Thomas Pluta.
PayPal Names Walmart’s Former Executive Srini Venkatesan as
Chief Technology Officer
PayPal named Srini Venkatesan as the Chief Technology
Officer. Venkatesan is an expert technologist with a background in technology
and retail. He will assume his role as PayPal’s Chief Technology Officer on
June 24, whereby he will oversee the development and implementation of advanced
technology across PayPal’s network, and will report directly to the President
and CEO Alex Chriss.
Srini Venkatesan, Source: LinkedIn
Venkatesan’s responsibilities will include spearheading
efforts in analytics and data science, artificial intelligence (AI) and machine
learning, information security, infrastructure operations, and product
engineering. He joins PayPal from Walmart, where he led the US Omni Platforms
and Tech organization. At Walmart, he was reportedly instrumental in developing
platforms and features that underpin the retailer on a global scale.
Previously, he led Yahoo’s display and video ad technology platform and held key
technology positions at eBay, StubHub, and Marketo.
Display more about the entry of Srini Venkatesan as PayPal’s Chief Technology Officer.
Hantec Markets Names Rajan Naik as New Global Head of
Marketing
Hantec Markets onboarded Rajan Naik as the new Global Head
of Marketing. In this role, Naik will be responsible for shaping the retail and
institutional trading brokerage firm’s marketing, overseeing global strategies,
and growing the Hantec Markets brand. Naik brings over 15 years of experience
in the trading industry to his new role. Previously, he served as Head of
Marketing at INFINOX for more than five years, where he led brand expansion and
marketing initiatives.
Rajan Naik, Source: LinkedIn
His prior experience includes management and advisory roles
at trading education brands, including Lear to Trade and other brokerage firms,
such as Financial Markets Online. Naik’s appointment followed several recent
additions to Hantec Markets’ leadership team. Norayr Djerrahian, formerly the
Head of Strategy and Innovation, stepped up as Chief Strategy Officer, while
Michael O’Sullivan, previously the Head of Technology, has moved into the role
of Chief Technology Officer.
Reveal more about Hantec Market’s appointment of Rajan Naik
as New Global Head of Marketing.
Susanne Chishti to Retire as CMC Markets’ Non-Executive
Director
Meanwhile, Susanne Chishti is set to retire as a
Non-Executive Director at CMC Markets, the forex and CFD brokerage firm, after
spending more than two years in the role. Chishti will remain in this position
until the conclusion of the AGM set for 25 July 2024. The London-headquartered
brokerage firm is reportedly searching for Chishti’s successor. Although no
particular deadline has been mentioned, nominations for a new Non-Executive
Director are expected in the coming months.
Susanne Chishti, Source: Linkedin
Chishti also sits on the board of Crown Agents Bank and
Lenderwize and serves as an Advisory Board Member at The British Blockchain
Association. Besides that, she was previously a Non-Executive Director of
SafeCharge from March 2019 until October 2019. She started her career in 1995
at Hewlett-Packard and has worked for big names like Accenture, Morgan Stanley,
Deutsche Bank, and Lloyds Banking Group.
Find out more about the retirement of Susanne Chishti as CMC Markets‘ Non-Executive Director.
Dukascopy Bank’s Former Executive Sofian Berrahal Steps In
as CEO of Nexpay
Dukascopy Bank’s former Head of Sales, Sofian Berrahal, is
now the new CEO of Nexpay, a payment infrastructure provider for digital
companies. This change in the company’s top leadership followed Uldis
Tēraudkalns’s exit from his role as CEO this month. Berrahal has been at the
helm of Nexpay since late 2022.
Sofian Berrahal, Source: LinkedIn
He has extensive experience in the banking sector and has
been with the company for close to three years, rising from Chief Business
Officer to member of the Management Board and now Chief Executive Officer.
Prior to joining Nexpay, Berrahal was the Chief Executive Officer of Nexdesk.
At Dukascopy, he held several roles, including the Head of Asia Business
Development.
Identify more about Sofian Berrahal’s onboarding as the CEO of
Nexpay.
Marex Group Names Liz Barrett as the Group Head of HR,
Succeeding Karen Neffar
Marex Group has onboarded Liz Barrett as the Group Head of
HR, effective June 24, 2023. Barrett has over two decades of experience in
financial services, with an extensive background in international business,
organizational transformation, and culture programs. She will take over from
Karen Neffar, who is leaving the company to pursue other interests.
Liz Barrett, Source: LinkedIn
Barrett spent four years at Eight Cubed, an HR consultancy,
where she managed various international transformation projects prior to her
appointment. Her previous roles include a Managing Director position at the
London Stock Exchange, where she was involved in acquisition integration and
HR. As Barrett steps into her new role, Marex also bids farewell to Karen
Neffar, who resigned from the company to pursue personal interests and other
projects.
Find out more about the appointment of Liz Barrett as the Group Head of HR and the resignation of Karen Neffar.
SEC’s Crypto Chief David Hirsch Resigns after Nearly Nine
Years
David Hirsch, the US Securities and Exchange Commission’s
(SEC) Chief for the Crypto Asset and Cyber Unit in the Division of Enforcement,
left after dedicating almost nine years to the commission. Speaking about this
change, Hirsch said: “This past Friday was my last day with the SEC after
almost nine years. During that time I had the opportunity to work on more
complex, challenging investigations and issues than I ever imagined when I
joined the agency as a staff attorney in the Fort Worth Regional Office.
David Hirsch, Source: LinkedIn
Hirsch held other notable roles at the SEC before his
promotion to the Chief of the Crypto Asset and Cyber Unit in the Division of
Enforcement. He was the Enforcement Attorney based in Fort Worth and previously
dedicated over two years as the Counsel to Commissioner Caroline Crenshaw.
“I am particularly proud of the historic work done by the Crypto Assets
and Cyber Unit team I had the privilege to lead,” he added.
Find out more about the resignation of David Hirsch from the SEC after almost nine years.
LMAX Taps Blockchain Technology Expert Luke Dorney to Lead
Digital Asset Custody
LMAX Group tapped Luke Dorney to lead its growth strategy
for digital asset custody. Dorney, who previously served at Blockdaemon in
different roles, including Head of Sales EMEA, General Manager and VP of Sales
for EMEA, and General Manager and VP of Sales for US and EMEA, will join the
group as the Head of Custody.
Luke Dorney, Source: LinkedIn
Last month, LMAX Group named Chris Knight as the Managing
Director. Knight, an experienced financial markets professional with decades of
industry experience, will reportedly move from Sydney to London to assume his
new role over the summer. In his new role, Knight will oversee the operations
and future growth strategy of LMAX Digital, the group’s institutional
cryptocurrency exchange.
Investigate more about the entry of Luke Dorney to LMAX and
other recent changes in the group.
Exclusive: Andrew Taylor Joins Scope Prime as the APAC Head
Scope Markets boosted its institutional liquidity division,
Scope Prime, by onboarding Andrew Taylor as the Head of Scope Prime APAC. In
the Sydney-based position, Taylor will be tasked with establishing an
operational presence and growing Scope Prime’s share of the market across the
Asia-Pacific region. However, his initial focus will be on establishing the
regional office.
Andrew Taylor, Source: LinkedIn
Taylor is a financial markets veteran and brings more than
three decades of experience to the new role at Scope Prime. Most recently, he
was the Managing Director of ACY Connect, a division of ACY Securities, a role
he held for the last couple of years. He entered the retail forex and CFD
industry in 2003 by assuming the role of Business Director at easyMarkets,
which he held for about two years. After founding and operating Tailored Markets for three years, he joined GFT Global Markets and then moved to Invast Financial Services as the COO.
Discover more about the appointment of Andrew Taylor as the
Head of Scope Prime APAC.
This week, there was an upsurge in the executive moves from
notable brands in the industry across the sectors, such as fintech, forex,
digital asset, and regulatory sectors. This compared to most appointments,
promotions, and exit reported last week.
Tradeweb reshuffled its executive team, whereby President
Thomas Pluta left, while Amy Clack joined as the CAO; PayPal named Walmart’s
Former Executive Srini Venkatesan as the Chief Technology Officer; Hantec
Markets onboarded Rajan Naik as the Global Head of Marketing; Susanne Chishti
will retire as CMC Markets’ Non-Executive Director; Dukascopy Bank’s Former
Executive Sofian Berrahal stepped in as the CEO of Nexpay; Marex Group named
Liz Barrett as the Group Head of HR, succeeding Karen Neffar; SEC’s Crypto
Chief David Hirsch resigned after nearly nine years, LMAX tapped Blockchain
Technology Expert Luke Dorney to spearhead digital asset custody service;
Andrew Taylor joined Scope Prime as the APAC Head.
Delve into our executive move segment this week as we
uncover important appointments, departures, and promotions across the industry
in our exclusive coverage this week.
Tradeweb Reshuffles Executive Team: President Thomas Pluta
Leaves, Amy Clack Joins as CAO
Tradeweb Markets made notable changes to its leadership
team. The firm appointed Amy Clack as its new Chief Administrative Officer
(CAO), while President Thomas Pluta will be leaving later this year. Clack is
an experienced executive with over 25 years of experience in the financial
services sector. She joins Tradeweb from Wells Fargo’s Corporate and Investment
Banking unit. Her professional background includes a role as Chief Operating
Officer for Investment Banking and Capital Markets at Credit Suisse.
Amy Clack, Source: LinkedIn
In her new position as the CAO, Clack will oversee
operations, business integration, risk, and corporate services, working closely
with Tradeweb’s leadership to sustain the company’s growth trajectory.
Tradeweb’s CEO Billy Hult mentioned: “We are pleased to welcome Amy Clack
to the team as CAO. Clack brings a wealth of relevant expertise in driving
best-in-class global operations and acquisition integration, making her ideally
suited to help accelerate our progress.” Meanwhile, President Pluta will
exit the firm effective September 30, 2024.
Discover more about leadership changes at Tradeweb and the appointment of Amy Clack and Thomas Pluta.
PayPal Names Walmart’s Former Executive Srini Venkatesan as
Chief Technology Officer
PayPal named Srini Venkatesan as the Chief Technology
Officer. Venkatesan is an expert technologist with a background in technology
and retail. He will assume his role as PayPal’s Chief Technology Officer on
June 24, whereby he will oversee the development and implementation of advanced
technology across PayPal’s network, and will report directly to the President
and CEO Alex Chriss.
Srini Venkatesan, Source: LinkedIn
Venkatesan’s responsibilities will include spearheading
efforts in analytics and data science, artificial intelligence (AI) and machine
learning, information security, infrastructure operations, and product
engineering. He joins PayPal from Walmart, where he led the US Omni Platforms
and Tech organization. At Walmart, he was reportedly instrumental in developing
platforms and features that underpin the retailer on a global scale.
Previously, he led Yahoo’s display and video ad technology platform and held key
technology positions at eBay, StubHub, and Marketo.
Display more about the entry of Srini Venkatesan as PayPal’s Chief Technology Officer.
Hantec Markets Names Rajan Naik as New Global Head of
Marketing
Hantec Markets onboarded Rajan Naik as the new Global Head
of Marketing. In this role, Naik will be responsible for shaping the retail and
institutional trading brokerage firm’s marketing, overseeing global strategies,
and growing the Hantec Markets brand. Naik brings over 15 years of experience
in the trading industry to his new role. Previously, he served as Head of
Marketing at INFINOX for more than five years, where he led brand expansion and
marketing initiatives.
Rajan Naik, Source: LinkedIn
His prior experience includes management and advisory roles
at trading education brands, including Lear to Trade and other brokerage firms,
such as Financial Markets Online. Naik’s appointment followed several recent
additions to Hantec Markets’ leadership team. Norayr Djerrahian, formerly the
Head of Strategy and Innovation, stepped up as Chief Strategy Officer, while
Michael O’Sullivan, previously the Head of Technology, has moved into the role
of Chief Technology Officer.
Reveal more about Hantec Market’s appointment of Rajan Naik
as New Global Head of Marketing.
Susanne Chishti to Retire as CMC Markets’ Non-Executive
Director
Meanwhile, Susanne Chishti is set to retire as a
Non-Executive Director at CMC Markets, the forex and CFD brokerage firm, after
spending more than two years in the role. Chishti will remain in this position
until the conclusion of the AGM set for 25 July 2024. The London-headquartered
brokerage firm is reportedly searching for Chishti’s successor. Although no
particular deadline has been mentioned, nominations for a new Non-Executive
Director are expected in the coming months.
Susanne Chishti, Source: Linkedin
Chishti also sits on the board of Crown Agents Bank and
Lenderwize and serves as an Advisory Board Member at The British Blockchain
Association. Besides that, she was previously a Non-Executive Director of
SafeCharge from March 2019 until October 2019. She started her career in 1995
at Hewlett-Packard and has worked for big names like Accenture, Morgan Stanley,
Deutsche Bank, and Lloyds Banking Group.
Find out more about the retirement of Susanne Chishti as CMC Markets‘ Non-Executive Director.
Dukascopy Bank’s Former Executive Sofian Berrahal Steps In
as CEO of Nexpay
Dukascopy Bank’s former Head of Sales, Sofian Berrahal, is
now the new CEO of Nexpay, a payment infrastructure provider for digital
companies. This change in the company’s top leadership followed Uldis
Tēraudkalns’s exit from his role as CEO this month. Berrahal has been at the
helm of Nexpay since late 2022.
Sofian Berrahal, Source: LinkedIn
He has extensive experience in the banking sector and has
been with the company for close to three years, rising from Chief Business
Officer to member of the Management Board and now Chief Executive Officer.
Prior to joining Nexpay, Berrahal was the Chief Executive Officer of Nexdesk.
At Dukascopy, he held several roles, including the Head of Asia Business
Development.
Identify more about Sofian Berrahal’s onboarding as the CEO of
Nexpay.
Marex Group Names Liz Barrett as the Group Head of HR,
Succeeding Karen Neffar
Marex Group has onboarded Liz Barrett as the Group Head of
HR, effective June 24, 2023. Barrett has over two decades of experience in
financial services, with an extensive background in international business,
organizational transformation, and culture programs. She will take over from
Karen Neffar, who is leaving the company to pursue other interests.
Liz Barrett, Source: LinkedIn
Barrett spent four years at Eight Cubed, an HR consultancy,
where she managed various international transformation projects prior to her
appointment. Her previous roles include a Managing Director position at the
London Stock Exchange, where she was involved in acquisition integration and
HR. As Barrett steps into her new role, Marex also bids farewell to Karen
Neffar, who resigned from the company to pursue personal interests and other
projects.
Find out more about the appointment of Liz Barrett as the Group Head of HR and the resignation of Karen Neffar.
SEC’s Crypto Chief David Hirsch Resigns after Nearly Nine
Years
David Hirsch, the US Securities and Exchange Commission’s
(SEC) Chief for the Crypto Asset and Cyber Unit in the Division of Enforcement,
left after dedicating almost nine years to the commission. Speaking about this
change, Hirsch said: “This past Friday was my last day with the SEC after
almost nine years. During that time I had the opportunity to work on more
complex, challenging investigations and issues than I ever imagined when I
joined the agency as a staff attorney in the Fort Worth Regional Office.
David Hirsch, Source: LinkedIn
Hirsch held other notable roles at the SEC before his
promotion to the Chief of the Crypto Asset and Cyber Unit in the Division of
Enforcement. He was the Enforcement Attorney based in Fort Worth and previously
dedicated over two years as the Counsel to Commissioner Caroline Crenshaw.
“I am particularly proud of the historic work done by the Crypto Assets
and Cyber Unit team I had the privilege to lead,” he added.
Find out more about the resignation of David Hirsch from the SEC after almost nine years.
LMAX Taps Blockchain Technology Expert Luke Dorney to Lead
Digital Asset Custody
LMAX Group tapped Luke Dorney to lead its growth strategy
for digital asset custody. Dorney, who previously served at Blockdaemon in
different roles, including Head of Sales EMEA, General Manager and VP of Sales
for EMEA, and General Manager and VP of Sales for US and EMEA, will join the
group as the Head of Custody.
Luke Dorney, Source: LinkedIn
Last month, LMAX Group named Chris Knight as the Managing
Director. Knight, an experienced financial markets professional with decades of
industry experience, will reportedly move from Sydney to London to assume his
new role over the summer. In his new role, Knight will oversee the operations
and future growth strategy of LMAX Digital, the group’s institutional
cryptocurrency exchange.
Investigate more about the entry of Luke Dorney to LMAX and
other recent changes in the group.
Exclusive: Andrew Taylor Joins Scope Prime as the APAC Head
Scope Markets boosted its institutional liquidity division,
Scope Prime, by onboarding Andrew Taylor as the Head of Scope Prime APAC. In
the Sydney-based position, Taylor will be tasked with establishing an
operational presence and growing Scope Prime’s share of the market across the
Asia-Pacific region. However, his initial focus will be on establishing the
regional office.
Andrew Taylor, Source: LinkedIn
Taylor is a financial markets veteran and brings more than
three decades of experience to the new role at Scope Prime. Most recently, he
was the Managing Director of ACY Connect, a division of ACY Securities, a role
he held for the last couple of years. He entered the retail forex and CFD
industry in 2003 by assuming the role of Business Director at easyMarkets,
which he held for about two years. After founding and operating Tailored Markets for three years, he joined GFT Global Markets and then moved to Invast Financial Services as the COO.
Discover more about the appointment of Andrew Taylor as the
Head of Scope Prime APAC.
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- Source: https://www.financemagnates.com//executives/tradeweb-markets-paypal-sec-and-more-executive-moves-of-the-week/
