John Wilson, the co-CEO at ETX Capital, a London-based financial spread-betting and contracts-for-difference provider, has retired. Finance Magnates received confirmation from both Wilson and the broker.
Wilson joined the company in 2010 and remained in the apex position for nearly a decade. From January 2019, he shared his leadership role with Philip Adler when he was promoted from his position as chief operating officer. Currently, Adler is running the company.
Wilson’s retirement followed the acquisition of ETX Capital by Swiss private equity firm Guru Capital.
An Engineer-Turned-Financial Expert
Being a financial industry veteran, he has served various companies in his career spanning four decades.
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As mentioned in his Linkedin profile, he has held board level and senior roles in global investment banks and smaller entrepreneurial enterprises. This goes along with his deep experience in equities, fixed income, asset management, and investment banking.
He joined ETX from Baikal Global, which is a pan-European multilateral trading facility for the execution of non-display orders. There, he led the company for two years through its merger and dilution with Turquoise.
Prior to this, he founded and served as a principal at Expert Analysis Group. This UK’s Financial Services Authority-regulated company provides traditional and alternative investors, investment banks, and corporate clients access to experienced experts.
He was also the head of European equities and fixed income research at Lehman Brothers for seven years and parted with it months before the investment bank giant filed for bankruptcy. Earlier on, he held a similar position at UBS Investment Bank at its overseas branches, including the UK and Japan.
Wilson was a civil engineer by trade and started his career with the oil and gas giant, Shell, as a field engineer, but he made the switch to finance after earning his PhD in engineering from the University of Cambridge.