Freetrade has appointed Nick Robinson as its new Chief Financial Officer, according to a LinkedIn post published by him today (Friday). Robinson wrote that he is working with "everyone in the Freetrade and IG Group teams."

The appointment comes during a period of change at the UK investment platform. Last month, Jenny Zhao announced that she had taken on the role of Chief Executive Officer at Freetrade. The leadership transition began earlier this year when co-founder Viktor Nebehaj said he would step down as CEO during the summer.

IG Deal Reshapes Freetrade Strategy

The changes follow Freetrade's acquisition by IG Group. The online trading company agreed to buy Freetrade for £160 million in a transaction funded from existing capital. Under the terms of the deal, Freetrade was expected to continue operating as a standalone business. The acquisition expanded IG Group's presence in the UK direct investment market and broadened its investment offering.

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Commenting on his appointment, Robinson described the current period as "a pivotal moment for Freetrade." He added that the company has "the momentum and a generational opportunity to transform retail investment in the UK."

Former Mastercard Executive Joins Freetrade

Robinson joins Freetrade after a brief stint as Chief Financial Officer at TAB. Before that, he spent just over two years as Finance Director for the UK and Africa at Travelex.

At Travelex, he worked as a commercial finance partner for the company's wholesale, outsourcing, and retail businesses. His responsibilities included supporting audit processes, regulatory initiatives, and finance transformation projects.

Earlier in his career, Robinson spent more than four and a half years as Chief Financial Officer at Vocalink, the payments infrastructure company owned by Mastercard. In that role, he presented financial management updates to the Bank of England and worked on regulatory compliance, capital adequacy, and long-term investment projects.

Before joining Vocalink, Robinson spent six years at Mastercard in several senior finance and product positions. These included Vice President, Product Advancement for Cyber & Intelligence Solutions; Vice President Finance for European Switching Services; and Vice President Finance for Cyber & Intelligence Solutions.

His work at Mastercard included regulatory separation projects, product development initiatives, investment planning, and commercial strategy for digital identity and cybersecurity businesses.