As October approaches its conclusion, the financial, cryptocurrency, and fintech sectors witness notable changes and new appointments within their leadership ranks. In this week’s roundup of executive moves, we explore the transitions and challenges taken on by key figures in the industry.
Departures from Binance Executive Team Continue
Stéphanie Cabossioras, formerly the Executive Director of Binance France, has stepped down from her role, contributing to the series of senior executives leaving Binance this year. The cryptocurrency exchange has been experiencing a shifting leadership landscape. David Prinçay, President of Binance France, confirmed Cabossioras’ resignation, extending his gratitude for her contributions and wishing her success in her future ventures.
Validus Risk Management Appoints Andrew Spence as Senior Advisor
Andrew Spence has been appointed as a senior advisor at Validus Risk Management, focusing on pension plans and asset management. Spence brings with him a wealth of experience spanning three decades in economics, investment strategy, and risk management. His previous roles include senior positions at Ontario Teachers’ Pension Plan and advisory roles with HM Treasury and the Bank of Canada. This appointment coincides with Validus’ plans to expand its services in the pension and asset management sectors.
Sarah Hall Takes the Helm at Global Trade Capital
Global Trade Capital (GTC Group) welcomes Sarah Hall as the General Manager of its new office in Cyprus. With over 15 years of industry experience, Hall has previously worked with Etoro, FX Pro, and Saxo Bank. Her most recent role was as the Global Head of Settlements at Axi, where she honed her expertise in risk and fraud prevention. Hall’s appointment is part of GTC’s expansion plans, with a focus on establishing the Cyprus branch and enhancing customer success standards.
BJ McAndrews Joins Academy Securities as Head of Securitized Product Sales
Academy Securities, a certified Disabled Veteran Business Enterprise and Minority Business Enterprise, has welcomed BJ McAndrews as Managing Director and Head of Securitized Product Sales. McAndrews brings a wealth of experience with 18 years at Wells Fargo Securities, specializing in structured product sales and trading. He aims to strengthen Academy Securities’ securitized product platform, leveraging his expertise and deep client relationships.
Capital.com Welcomes New Group Chief Executive Officer
Kypros Zoumidou has been appointed as the Group Chief Executive Officer at Capital.com, succeeding Peter Hetherington. Zoumidou, who joined the brokerage group in early 2022 as the UK Managing Director and later became the Chief Commercial Officer, will take on the top leadership role. Peter Hetherington will remain in an advisory role until 2026 to ensure a smooth transition.
Tiger Brokers (Singapore) Appoints New CEO
Tiger Brokers (Singapore) has appointed Ian Leong as its new CEO, succeeding Eng Thiam Choon. With a background as the former CEO of uSMART Singapore and the Head of Dealing at Phillip Securities, Leong brings a wealth of experience to the role. The Vice President and Co-Founder of Tiger Brokers Group, Dong Ming, expressed enthusiasm for Leong’s strategic vision.
Propellant.digital Enhances Its Team with Oliver Haste
Oliver Haste has been named Head of EMEA Product at Propellant.digital, a fintech company specializing in data analytics. His prior experience leading data-related projects at Goldman Sachs positions him to enhance Propellant’s platform and client experience. This appointment reflects Propellant’s ambitious growth plans in the data analytics field, seeking to unlock the full potential of market data.
The executive moves within these prominent companies signal dynamic changes and ambitions in the financial and technology sectors.
