Having enjoyed Easter celebrations and have moved halfway through April, we see fewer employees have been onboarded in the forex, crypto and fintech industries. Let’s take a glance at the executives that have taken on new positions and experiences in our executive moves roundup of the week.
Executive Moves of the Week
Wedbush Names New Compliance Chief as It Enters FX Prime Brokerage
California-based Wedbush Securities has named Matt Lisle as its new Chief Compliance Officer for its Futures division. He will be based in the Chicago office of Wedbush and report to Andrew Druch, the General Counsel of the company.
Indeed, Lisle has been a licensed attorney for more than three decades and has spent the last 25 years strengthening the legal and regulatory compliance efforts of several companies in the financial industry.
Discover more about Wedbush naming Matt Lisle as its new Chief Compliance Officer.
OvalX’s Foulds Moves to Alvar Financial after 20 Years
Mark
Foulds, who served as the Head of Spreadbetting Sales at the British retail broker, OvalX (formerly ETX Capital) for 20 years, has exited from the company. Presently, he will join Alvar Financial Services Limited as the Co-Head of High Net Worth Trading. The move comes after the company officially
ceased operations in March.
The ETX
Capital veteran expressed special gratitude to Andrew Edwards, the former Chief
Executive Officer (CEO) of the brokerage, who introduced him to the business
and inspired him for 20 years. On the other hand, Edwards has been
affiliated with Saxo Capital Markets UK since December 2017 where he also
serves as the CEO.
Read more about Mark Foulds move to OvalX as the Co-Head of High Net Worth Trading.
Credit Suisse’s European M&A Head Joins Deutsche Bank
William Mansfield, the veteran who spent the last 27 years at Credit Suisse, has left the Swiss bank to join Deutsche Bank. Most recently, he was the Head of M&A for Europe, the Middle East and Africa.
His departure came only weeks after the acquisition of Credit Suisse by rival UBS in a 3 billion Swiss franc deal, which was backed by Switzerland’s government. However, the deal caught the eye of Swiss prosecutors who are now investigating it. Recently, lawmakers in the Swiss lower house of parliament outvoted the government’s move as symbolic voting.
Exness Promotes Shayma Ghanim to
Country Manager
Exness, a top forex and CFDs
provider, has promoted Shayma Ghanim, its former Senior Key Account Manager and
Team Leader for the Middle East and North Africa, to the position of Country
Manager. Ghanim announced the new role on Wednesday through LinkedIn.
Ghanim’s promotion comes two
years after she joined Exness in her former role. Writing on LinkedIn, the
executive noted that she hopes to leverage the experiences and knowledge she
gathered from her previous role “to help further drive Exness’ growth in the
region.”
Although the executive did not
mention the region that she will be working from in her LinkedIn post, her profile
on the professional networking platform shows the role is a Cyprus-based hybrid
role.
Exness Promotes Samantha Hooi to
Head of Events
Exness, a top forex and CFDs
trading provider, has promoted Samantha Hooi, one of its event managers, to Head
of Events. Hooi announced her promotion on LinkedIn on Tuesday.
The elevation comes nearly six years after Hoo joined the brokerage firm in July
2017 at its office in Lumpur, Malaysia. Speaking on the promotion, Hoo
expressed excitement at “the opportunity to bring even more energy and success
to our partners and clients.”
Having enjoyed Easter celebrations and have moved halfway through April, we see fewer employees have been onboarded in the forex, crypto and fintech industries. Let’s take a glance at the executives that have taken on new positions and experiences in our executive moves roundup of the week.
Executive Moves of the Week
Wedbush Names New Compliance Chief as It Enters FX Prime Brokerage
California-based Wedbush Securities has named Matt Lisle as its new Chief Compliance Officer for its Futures division. He will be based in the Chicago office of Wedbush and report to Andrew Druch, the General Counsel of the company.
Indeed, Lisle has been a licensed attorney for more than three decades and has spent the last 25 years strengthening the legal and regulatory compliance efforts of several companies in the financial industry.
Discover more about Wedbush naming Matt Lisle as its new Chief Compliance Officer.
OvalX’s Foulds Moves to Alvar Financial after 20 Years
Mark
Foulds, who served as the Head of Spreadbetting Sales at the British retail broker, OvalX (formerly ETX Capital) for 20 years, has exited from the company. Presently, he will join Alvar Financial Services Limited as the Co-Head of High Net Worth Trading. The move comes after the company officially
ceased operations in March.
The ETX
Capital veteran expressed special gratitude to Andrew Edwards, the former Chief
Executive Officer (CEO) of the brokerage, who introduced him to the business
and inspired him for 20 years. On the other hand, Edwards has been
affiliated with Saxo Capital Markets UK since December 2017 where he also
serves as the CEO.
Read more about Mark Foulds move to OvalX as the Co-Head of High Net Worth Trading.
Credit Suisse’s European M&A Head Joins Deutsche Bank
William Mansfield, the veteran who spent the last 27 years at Credit Suisse, has left the Swiss bank to join Deutsche Bank. Most recently, he was the Head of M&A for Europe, the Middle East and Africa.
His departure came only weeks after the acquisition of Credit Suisse by rival UBS in a 3 billion Swiss franc deal, which was backed by Switzerland’s government. However, the deal caught the eye of Swiss prosecutors who are now investigating it. Recently, lawmakers in the Swiss lower house of parliament outvoted the government’s move as symbolic voting.
Exness Promotes Shayma Ghanim to
Country Manager
Exness, a top forex and CFDs
provider, has promoted Shayma Ghanim, its former Senior Key Account Manager and
Team Leader for the Middle East and North Africa, to the position of Country
Manager. Ghanim announced the new role on Wednesday through LinkedIn.
Ghanim’s promotion comes two
years after she joined Exness in her former role. Writing on LinkedIn, the
executive noted that she hopes to leverage the experiences and knowledge she
gathered from her previous role “to help further drive Exness’ growth in the
region.”
Although the executive did not
mention the region that she will be working from in her LinkedIn post, her profile
on the professional networking platform shows the role is a Cyprus-based hybrid
role.
Exness Promotes Samantha Hooi to
Head of Events
Exness, a top forex and CFDs
trading provider, has promoted Samantha Hooi, one of its event managers, to Head
of Events. Hooi announced her promotion on LinkedIn on Tuesday.
The elevation comes nearly six years after Hoo joined the brokerage firm in July
2017 at its office in Lumpur, Malaysia. Speaking on the promotion, Hoo
expressed excitement at “the opportunity to bring even more energy and success
to our partners and clients.”
Read More
This week saw a flurry of executive moves in the corporate world across a diverse range of industries. Financial giant Credit Suisse appointed Christine Horlacher, the former CFO of Axel Springer SE, to lead the firm’s digital banking unit. Meanwhile, security analytics platform provider OvalX named Dmitry Palmer its new CEO, while cloud communication startup Sonar Systems acquired speech recognition platform provider MultiTecno to bolster its artificial intelligence (AI) capabilities.
Christine Horlacher, who worked at Axel Springer SE for eight years, will take the helm at Credit Suisse’s digital banking division. During her time at Axel Springer, she led the company’s finance organization and was instrumental in several successful mergers and acquisitions. Horlacher will be responsible for overseeing the Swiss bank’s mobile banking, payments, and digital wealth solutions.
OvalX, a security analytics platform provider, tapped Dmitry Palmer as its new CEO. Palmer, who has 20 years of experience in the software industry, comes to OvalX from VocalZoom, a security AI sound analytics company that was listed on the London Stock Exchange last year. He succeeds OvalX’s founder and outgoing CEO, Igor Odantsev, who will continue to serve the company as its Chief Product Officer.
In a move to strengthen its AI capabilities, cloud communication startup Sonar Systems acquired speech recognition platform provider MultiTecno. Founded in 2014, MultiTecno’s cloud platform provides natural language understanding solutions that enable applications to understand queries with great accuracy. The acquisition will enhance Sonar Systems’ cloud-based customer service solutions as it works toward its goal of creating a consolidated customer service experience.
These executive moves come at a time when the business world is undergoing rapid digital transformation. Credit Suisse’s collaboration with Christine Horlacher, OvalX tapping Dmitry Palmer to be its new CEO, and Sonar System’s acquisition of MultiTecno are proof of the potential to be found in technological innovation and strategic partnerships. With their uniquely qualified leaders in place, these organizations may be well on their way to achieving greater success in their respective industries.
