LCH Group, Saxo Bank, IG Group and More: Executive Moves of the Week
As we begin September and move towards Autumn, we see a slight fall in the number of new executives recruited in the forex, crypto and fintech industries as we did two weeks ago. Let’s review the executives who have taken on recent roles and challenges in our executive moves roundup of the week.
Executive Moves of the Week
Corentine Poilvet-Clédière Takes the Helm at LCH SA
LCH Group has announced the appointment of Corentine Poilvet-Clédière as its European-based clearing house’s CEO of LCH SA, effective from 1 October 2023. She will succeed Christophe Hémon, who has led the company since 2004. Poilvet-Clédière brings over 15 years of experience in the financial markets, having previously worked in strategic roles, including Head of RepoClear and Collateral Management at LCH SA.
She will report to Daniel Maguire, the CEO of LCH Group and Group Head of Post Trade at LSEG. Corentine’s experience in the financial markets, including her central role in regulatory strategy at the London Stock Exchange Group (LSEG), makes her a strong fit for the role.
Saxo Bank Appoints Head of Go-to-Market for MENA, UK, and Switzerland
26 Degrees Global Markets welcomes Hiroaki Nagakura as Japan’s new Head of Prime Services. Nagakura, a veteran in the FX industry with over 30 years of experience, was previously at Rakuten Securities Inc.
The CEO, Gavin White expressed excitement over Nagakura’s appointment and its potential for the company’s future endeavors.
“With such deep experience in multiple senior roles at some of the largest brokerages globally, we are very excited to welcome Nagakura-San to the team. 26 Degrees Global Markets’ ability to attract top talent such as Nagakura-San speaks volumes to the growth we have experienced over the past decade, and the great opportunities that lie ahead for our powerhouse team, one of those being the Japanese brokerage market,” White added.
CEO of IG Group, June Felix, Steps Down Due to Ill Health
London-based IG Group (LON: IGG) announced today (Tuesday) that its Chief Executive Officer, June Felix, has stepped down with immediate effect due to her health concerns. She also stepped down as the Director of the brokerage company.
The decision was made as she has been absent from the company for a couple of months after taking medical leave in early July. Charlie Rozes, the Chief Financial Officer (CFO) at IG, has taken over the apex role, and he will continue to be in charge until a permanent replacement is found.
IG has already appointed Russell Reynolds to search for and hire a permanent CEO and assured that the appointment will be made in the coming months.
Match-Trade Technologies Has Onboarded New Head of Match-Trader
Match-Trade Technologies has announced the joining of Alexis Droussiotis as the new Head of the Match-Trader platform. The appointment was made when the demand for the third-party trading platform grew significantly.
Droussiotis brings 15 years of industry experience to the new role. Most recently, he worked at PrimeXM, separating as the Chief Information Officer. He was a Director at the company. Other companies he worked at are SpotOption Exchange, Hoch Capital, Alpari, FXTM, Windsor Brokers, and PrimeTel.
Triple-A Hires New General Manager
Singapore-based cryptocurrency payment gateway Triple-A has announced the appointment of Paulo Shargorodsky as its new General Manager for the Americas. Shargorodsky brings a wealth of experience from his previous roles at EBANX and Walmart, where he specialized in payments and financial services.
He aims to leverage this experience to expand Triple-A’s footprint in the Americas, focusing on bridging the gap between fiat and cryptocurrency payments. Both Paulo and Triple-A’s CEO, Eric Barbier, expressed enthusiasm about the strategic alignment and the potential for growth in the region.
Cake Group Completes Its Executive Team
Cake Group, a digital asset innovator based in Singapore, has finalized its C-suite with the appointment of a new Chief Marketing Officer (CMO) and promotions to Chief Product Officer (CPO) and Chief Human Resources Officer (CHRO).
As an industry veteran, Samuel Christian has been named the new CMO and will focus on scaling Cake’s products and services in the Web3 blockchain and crypto space. Christian’s past experience includes roles at Animoca Brands and IPG’s group of agencies, making him well-suited for Cake’s ambitious growth plans.