CLS Appoints Trevor Suarez as London-Based CFO

CLS has appointed Trevor Suarez as its newest chief financial officer (CFO) where he will be based out of London on CLS’s Executive Management Committee.

In his new role as the CFO at CLS Group, Mr. Suarez will be reporting to David Puth, chief executive officer of CLS, helping the group’s Audit and Finance Committee. He originally joined CLS roughly a year ago as the head of financial planning and snalysis, having held the role of co-CFO since September.

Before joining CLS back in February 2014, Mr. Suarez worked as the finance director at Lloyds Bank as well as the head of group planning & performance at Halifax Bank of Scotland.

According to David Puth in a recent statement on the appointment, “Trevor’s broad experience and proven track record in financial leadership, both prior to CLS and in his current role, ideally place him to lead the Finance function.”

“I look forward to working with him as we continue to focus on maintaining a strong and safe balance sheet, delivering on our strategic initiatives and making the technology investment required to meet the needs of our Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term members,” he added.