FXone – Seabury Financial Solutions has lost one of its key architects and executive leaders, following the departure of Rosario Ingargiola, Finance Magnates has learned.
Mr. Ingargiola had served as the President and Chief Executive Officer (CEO) of FXone – Seabury Financial Solutions. He originally founded FXone back in November 2011, which was subsequently acquired by global investment bank, Seabury Group in November 2012.
Since then, FXone has operated as a Seabury Group subsidiary by the name of Seabury Financial Solutions LLC. Following this acquisition, Mr. Ingargiola worked as the President and CEO of Seabury Financial Solutions LLC, having maintained a seat on its Board of Directors
Despite the loss of one of its founding fathers, FXone – Seabury has continued its business as usual. At this juncture it is presently unknown who will succeed Mr. Ingargiola – Finance Magnates reached out to Mr. Ingargiola who was unavailable for comment on the matter.
Prior to founding FXone in 2011, Mr. Ingargiola had held a number of senior level advisory or consulting roles in the industry dating back to 2003. Before FXone, he worked as a consultant at the Gerson Lehrman Group for over four years, where he helped provide consulting services to clients in the areas of financial services, trading technology, markets and hedge funds.
Additionally, he founded Alphacet, Inc. in 2003, subsequently serving as its Chief Technology Officer (CTO) of Algorithmic Trading for an eight-year period.