One of the most innovative technology providers in the trading industry, Capitolis, just announced that the company appointed Justin Klug as president. Before being promoted to his new role, he most recently served as the company’s Chief Operating Officer for a little over two years.
Klug has been with the company since April 2017, after spending several years at major investment banks. Throughout his career in the financial industry, he held senior roles at Deutsche Bank, Bank of America Merrill Lynch, and Credit Suisse.
While working at the Swiss bank’s New York office, he was Managing Director and led the US rates structuring team which was responsible for developing, executing and monitoring strategic and tactical business lines across the macro franchise.
Commenting on the internal promotion, the CEO of Capitolis, Gil Mandelzis, praised the leadership qualities of Klug.
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“His contribution to Capitolis has been outstanding. He has an ability to consider and balance opportunities across our entire business, and will take on an even more important role with both the company and with clients as we invest, build, and scale,” elaborated Mandelzis.
Commenting on his appointment as president, Klug explained that he is looking forward to helping amplify and scale the firm’s business during the company’s next phase of development.
“Capitolis is at the forefront of creating truly innovative solutions for the capital markets. It has been a privilege to work alongside our clients, Gil and the entire Capitolis team to drive forward our unique collaborative model.” Klug elaborated.
The Executive Chairman of the firm, Tom Glocer, said, “Gil Mandelzis, the CEO and my Co-Founder at Capitolis, has put together an outstanding leadership team that balances strong subject matter expertise in financial markets with creativity and tech skills.”