Goldman Sachs, ClearBank, OvalX and More: Executive Moves of the Week

by Tom Hazan
  • Executive moves that dominated the week's news.
Weekly Executive Roundup

In the third week of April 2023, we witness further improvement in the quantity of executives and leaders being recruited this week in the forex, crypto and fintech industries. Let’s take a look at the executives that have taken on new positions and experiences in our executive moves roundup of the week.

Executive Moves of the Week

Goldman Sachs Talent Storm as Executives Head to Competitors

The landscape of Asia equities is witnessing significant changes as a slew of key personnel has departed from Goldman Sachs Group Inc. The exits have been noticed in both Tokyo and Hong Kong, as managing directors transitioned to rival banks and hedge funds.

Fredrik Grunberger, a Managing Director in Hong Kong, along with Tomiyuki Oji and David Williams, Managing Directors in Tokyo, have all recently left the company, according to sources quoted by Bloomberg. Oji is reportedly set to join Nomura Holdings Inc.

Meanwhile, Alexis Tsang relocated to Millennium Capital Management. As well as that, Jig Patel, the Chief Operating Officer of Asia Pacific prime services, will be departing Goldman Sachs after 28 years to move to a senior regional role at Izzy Englander's $58 billion hedge fund firm.

Read more about a number of key senior staff members exiting the ranks of Goldman Sachs in the area of Asia equities, including Tomiyuki Oji and David Williams among others.

ClearBank Onboards New Chief Product Officer

London-based Clearbank announced the appointment of Spiros Theodossiou as Chief Product Officer (CPO). He brings over 20 years of experience to the role.

He joined ClearBank from DEXT, where he was also the CPO. Before that, he was the SVP of Product Management at WorldPay and was employed by PayPal, Skrill, and Vouchercodes.com.

"The growth opportunities, both in the UK and as ClearBank expands internationally, are phenomenal and I look forward to being a part of the bank’s journey, working closely with our clients to understand their needs, drive product innovation and help take our vision to new markets," Theodossiou mentioned.

Ex OvalX Seniors Move to BidX Markets, Trade Nation and Alvar

Two former employees of OvalX, Nicole Simpson and Tony Adams, have announced new roles at BidX Markets and Alvar Financial Services Limited. A third employee, Ella Hacer Gumus, who worked for Oval Money, the fintech company that operates investing app Oval and brokerage OvalX, is joining Trade Nation.

The former employees disclosed their new roles on LinkedIn. The new roles come as OvalX confirmed that it would close down on March 17, 2023, after selling its client book to rival Capital.com.

Find out more about three ex-OvalX seniors changing their roles to BidX Markets, Trade Nation and Alvar.

Maoz Tenenbaum Leaves Leverate, Starts Consultation Business

Leverate's Vice President of Global Sales for the last four years, Maoz Tenenbaum left the company earlier this month. He will leverage his expertise in the industry to start an independent consulting business for the trading space. His focus will be to help brokers establish their businesses and connect them with technology providers and assist in marketing efforts.

Tenenbaum told Finance Magnates: "Having accumulated over eight years of experience as a sales professional in the fintech industry, I possess a comprehensive understanding of the entire ecosystem. This includes trading platforms, CRM, affiliates, and payment solutions. My core focus is centered on facilitating the growth of fintech companies by leveraging my extensive network, knowledge, and sales expertise to help them form strategic alliances and acquire new clientele."

ATFX Hires Swissquote’s Gonzalo Canete as Global Chief Market Strategist

ATFX has appointed Gonzalo Canete as its Global Chief Market Strategist. Canete joins ATFX after almost 10 years at Swissquote and brings nearly two decades of experience to the new role.

Canete announced his new appointment through LinkedIn on Monday. Before his departure from Swissquote, Canete served for over five years as the Head of Desk and Associate Director. In addition, he served the Switzerland-based forex and CFDs brokerage firm as the Senior Business Manager and Head of Education.

Discover more about Gonzaol Canete being recruited by ATFX as the new Chief Market Strategist.

Neobank N26 Onboards Three Women for Executive Roles

N26 announced the appointment of three new senior executives today to strengthen its extended leadership team.

The company has brought on board Carine van der Heijden as the Vice President of Brand Marketing, Kertu-Liina Lehismae as the Director of Digital Marketing and Global Media, and Nicole Heider as the Director of Labor Relations and Employment Law.

With their combined decades of experience, these new hires bring valuable skills and expertise from global brands like Amazon and Booking.com.

Learn more about N26 onboarding three senior-ranking women in executive roles.

Spotex Onboards Former Coinbase Executive as APAC Sales Head

Spotex LLC announced the appointment of Ivan Wong as the Managing Director for APAC Head of Sales and Distribution. He will be based in Singapore and will report directly to Spotex's CEO, John Miesner.

Wong brings more than a decade of experience to his new role at Spotex. He will join the Singapore offices of the US-headquartered technology provider from Coinbase, a popular American crypto exchange, where he was the Head of APAC account management. There, he implemented and managed cross-selling and upselling campaigns of Coinbase product suites as well as oversaw client servicing, client onboarding, and marketing.

Read more about Spotex onboarding Ivan Wong as the new Managing Director for APAC as its Head of Sales and Distribution.

NatWest Group's Adam Wheelwright Starts CTO Role at IG Group

Adam Wheelwright resumed his new role as the Chief Technology Officer (CTO) at IG Group on Monday. Finance Magnates reported in early April that Wheelwright was appointed as the CTO by the London-based spread betting and CFD trading provider "to drive its innovation agenda."

Wheelwright brings nearly three decades of financial industry experience to the role. Apart from the NatWest Group, the executive has previously worked for the UK Health Security Agency, Nomura, Dresdner Kleinwort, and UBS.

Ex-Deutsche Bank Dealmaker Joins JPMorgan

JPMorgan has hired Khaled Fathallah, a veteran dealmaker from Deutsche Bank, to head up its coverage of mining companies and metals in Europe. Fathallah brings over 13 years of experience at Deutsche Bank, where he was most recently named head of the newly-established energy transition group.

In his new role at JPMorgan, Fathallah will serve as Head of Metals and Mining for the EMEA region and report to James Janoskey, Co-Head of the bank's energy group. This move reflects JPMorgan's commitment to expanding its expertise in the natural resources sector.

Elie Aoun, CFI Cyprus’ CEO, Joins CySEC’s ICF Admin Committee

Elie Aoun, a long-time CEO of Credit Financier Invest (CFI) in Cyprus, has joined the Administrative Committee of the Cyprus Investor Compensation Fund. He announced his new role on Friday through LinkedIn.

Aoun has been the CEO of the online trading provider for over a decade now. The company is a subsidiary of the CFI Group, a holding company that provides a suite of trading platforms to individual and institutional investors.

Find out more about Elia Aoun joining CySEC's ICF Admin Committee.

In the third week of April 2023, we witness further improvement in the quantity of executives and leaders being recruited this week in the forex, crypto and fintech industries. Let’s take a look at the executives that have taken on new positions and experiences in our executive moves roundup of the week.

Executive Moves of the Week

Goldman Sachs Talent Storm as Executives Head to Competitors

The landscape of Asia equities is witnessing significant changes as a slew of key personnel has departed from Goldman Sachs Group Inc. The exits have been noticed in both Tokyo and Hong Kong, as managing directors transitioned to rival banks and hedge funds.

Fredrik Grunberger, a Managing Director in Hong Kong, along with Tomiyuki Oji and David Williams, Managing Directors in Tokyo, have all recently left the company, according to sources quoted by Bloomberg. Oji is reportedly set to join Nomura Holdings Inc.

Meanwhile, Alexis Tsang relocated to Millennium Capital Management. As well as that, Jig Patel, the Chief Operating Officer of Asia Pacific prime services, will be departing Goldman Sachs after 28 years to move to a senior regional role at Izzy Englander's $58 billion hedge fund firm.

Read more about a number of key senior staff members exiting the ranks of Goldman Sachs in the area of Asia equities, including Tomiyuki Oji and David Williams among others.

ClearBank Onboards New Chief Product Officer

London-based Clearbank announced the appointment of Spiros Theodossiou as Chief Product Officer (CPO). He brings over 20 years of experience to the role.

He joined ClearBank from DEXT, where he was also the CPO. Before that, he was the SVP of Product Management at WorldPay and was employed by PayPal, Skrill, and Vouchercodes.com.

"The growth opportunities, both in the UK and as ClearBank expands internationally, are phenomenal and I look forward to being a part of the bank’s journey, working closely with our clients to understand their needs, drive product innovation and help take our vision to new markets," Theodossiou mentioned.

Ex OvalX Seniors Move to BidX Markets, Trade Nation and Alvar

Two former employees of OvalX, Nicole Simpson and Tony Adams, have announced new roles at BidX Markets and Alvar Financial Services Limited. A third employee, Ella Hacer Gumus, who worked for Oval Money, the fintech company that operates investing app Oval and brokerage OvalX, is joining Trade Nation.

The former employees disclosed their new roles on LinkedIn. The new roles come as OvalX confirmed that it would close down on March 17, 2023, after selling its client book to rival Capital.com.

Find out more about three ex-OvalX seniors changing their roles to BidX Markets, Trade Nation and Alvar.

Maoz Tenenbaum Leaves Leverate, Starts Consultation Business

Leverate's Vice President of Global Sales for the last four years, Maoz Tenenbaum left the company earlier this month. He will leverage his expertise in the industry to start an independent consulting business for the trading space. His focus will be to help brokers establish their businesses and connect them with technology providers and assist in marketing efforts.

Tenenbaum told Finance Magnates: "Having accumulated over eight years of experience as a sales professional in the fintech industry, I possess a comprehensive understanding of the entire ecosystem. This includes trading platforms, CRM, affiliates, and payment solutions. My core focus is centered on facilitating the growth of fintech companies by leveraging my extensive network, knowledge, and sales expertise to help them form strategic alliances and acquire new clientele."

ATFX Hires Swissquote’s Gonzalo Canete as Global Chief Market Strategist

ATFX has appointed Gonzalo Canete as its Global Chief Market Strategist. Canete joins ATFX after almost 10 years at Swissquote and brings nearly two decades of experience to the new role.

Canete announced his new appointment through LinkedIn on Monday. Before his departure from Swissquote, Canete served for over five years as the Head of Desk and Associate Director. In addition, he served the Switzerland-based forex and CFDs brokerage firm as the Senior Business Manager and Head of Education.

Discover more about Gonzaol Canete being recruited by ATFX as the new Chief Market Strategist.

Neobank N26 Onboards Three Women for Executive Roles

N26 announced the appointment of three new senior executives today to strengthen its extended leadership team.

The company has brought on board Carine van der Heijden as the Vice President of Brand Marketing, Kertu-Liina Lehismae as the Director of Digital Marketing and Global Media, and Nicole Heider as the Director of Labor Relations and Employment Law.

With their combined decades of experience, these new hires bring valuable skills and expertise from global brands like Amazon and Booking.com.

Learn more about N26 onboarding three senior-ranking women in executive roles.

Spotex Onboards Former Coinbase Executive as APAC Sales Head

Spotex LLC announced the appointment of Ivan Wong as the Managing Director for APAC Head of Sales and Distribution. He will be based in Singapore and will report directly to Spotex's CEO, John Miesner.

Wong brings more than a decade of experience to his new role at Spotex. He will join the Singapore offices of the US-headquartered technology provider from Coinbase, a popular American crypto exchange, where he was the Head of APAC account management. There, he implemented and managed cross-selling and upselling campaigns of Coinbase product suites as well as oversaw client servicing, client onboarding, and marketing.

Read more about Spotex onboarding Ivan Wong as the new Managing Director for APAC as its Head of Sales and Distribution.

NatWest Group's Adam Wheelwright Starts CTO Role at IG Group

Adam Wheelwright resumed his new role as the Chief Technology Officer (CTO) at IG Group on Monday. Finance Magnates reported in early April that Wheelwright was appointed as the CTO by the London-based spread betting and CFD trading provider "to drive its innovation agenda."

Wheelwright brings nearly three decades of financial industry experience to the role. Apart from the NatWest Group, the executive has previously worked for the UK Health Security Agency, Nomura, Dresdner Kleinwort, and UBS.

Ex-Deutsche Bank Dealmaker Joins JPMorgan

JPMorgan has hired Khaled Fathallah, a veteran dealmaker from Deutsche Bank, to head up its coverage of mining companies and metals in Europe. Fathallah brings over 13 years of experience at Deutsche Bank, where he was most recently named head of the newly-established energy transition group.

In his new role at JPMorgan, Fathallah will serve as Head of Metals and Mining for the EMEA region and report to James Janoskey, Co-Head of the bank's energy group. This move reflects JPMorgan's commitment to expanding its expertise in the natural resources sector.

Elie Aoun, CFI Cyprus’ CEO, Joins CySEC’s ICF Admin Committee

Elie Aoun, a long-time CEO of Credit Financier Invest (CFI) in Cyprus, has joined the Administrative Committee of the Cyprus Investor Compensation Fund. He announced his new role on Friday through LinkedIn.

Aoun has been the CEO of the online trading provider for over a decade now. The company is a subsidiary of the CFI Group, a holding company that provides a suite of trading platforms to individual and institutional investors.

Find out more about Elia Aoun joining CySEC's ICF Admin Committee.

About the Author: Tom Hazan
Tom Hazan
  • 378 Articles
  • 33 Followers
About the Author: Tom Hazan
Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader. Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments. Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise. He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.
  • 378 Articles
  • 33 Followers

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