Cloud9 Technologies, an emerging global technology provider of cloud-based voice trading communication solutions, has tapped former JPMorgan executive, Germán Soto Sanchez as its newest Global Head of Corporate Development with immediate effect, according to a company statement.

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The hire of Mr. Soto Sanchez is the latest example of senior personnel leaving the banking realm to take up employment in other venues. In his new role as the Global Head of Corporate Development, Mr. Soto Sanchez will help support the group’s latest market expansion. He joins Cloud9 after nearly three years at JPMorgan Chase as an Executive Director on its Strategic Investments Team.

Senior Hire

In this role, Mr. Soto Sanchez was tasked with the sourcing, structuring, executing and monitoring strategic investments on behalf of JPMorganChase Strategic Investments (JPMC SI). Additional positions also include a stint at CertusHoldings as its Senior Executive Vice-President and Head of M&A, CFO, dating back to 2009, according to information made public on his Linkedin profile.

According to Jerry Starr, Cloud9 Chief Executive Officer (CEO). “We are pleased to welcome Germán to the Cloud9 team. Germán joins Cloud9 at a critical time in our evolution as we continue to add customers, grow our service offerings and expand our market share. He brings a powerful network of potential technology partners with him, a strong track record of fostering growth at a number of Fintech companies, and valuable perspective as a former Fintech investor.”