Exclusive: Leverate Appoints Nir Shem-Tov as Chief Operating Officer

Tuesday, 26/07/2016 | 16:41 GMT by Finance Magnates
  • Nir Shem Tov has joined the company as Chief Operating Officer following the departure of Eitan Bar-On last week.
Exclusive: Leverate Appoints Nir Shem-Tov as Chief Operating Officer
FM

Leverate, a Technology Provider specialising in brokerage solutions for the financial services industry, today announced the appointment of Nir Shem-Tov as the company’s new Chief Operating Officer (COO).

Nir Shem Tov

Nir Shem-Tov

News of the appointment comes less than a week after the company announced the departure of the group’s former COO and Vice President Product, Eitan Bar-On, who parted ways with the company to explore a new direction.

Nir Shem-Tov was previously COO of platform-solutions provider Websplanet, a role he held for 5 years in which he was responsible for leading the company's technology and operation including overseeing R&D, product, customisation, implementation, QA and training together with customer and pre-sales support.

Prior to his tenure at Websplanet, he was VP of Delivery at Amdocs responsible for leading change and the major restructuring of the company’s delivery and R&D functions.

"Leverate is adapting to changing market"

According to Shem-Tov in an exclusive statement on the appointment to Finance Magnates: "I am excited to join Leverate in a capacity that can truly make an impact. Managing critical teams in the company while sitting on the Executive is a bit like jumping in the deep end, but it is a challenge that I relish. I have joined an excellent company with an excellent team. Seeing the vision for the future and how Leverate is adapting to changing market is a unique opportunity that I am very optimistic about."

"Nir is a welcome addition to Leverate and our executive management team. While replacing Eitan Bar-On was a difficult undertaking, Nir comes with a wealth of hi-tech experience and skills to see us take on the challenges of the Fintech market. Nir will oversee the Product Management, R&D, Account Management teams, IT and Support teams and we wish him the best of fortunes in his role," noted a Leverate spokesperson in an accompanying statement.

Leverate, a Technology Provider specialising in brokerage solutions for the financial services industry, today announced the appointment of Nir Shem-Tov as the company’s new Chief Operating Officer (COO).

Nir Shem Tov

Nir Shem-Tov

News of the appointment comes less than a week after the company announced the departure of the group’s former COO and Vice President Product, Eitan Bar-On, who parted ways with the company to explore a new direction.

Nir Shem-Tov was previously COO of platform-solutions provider Websplanet, a role he held for 5 years in which he was responsible for leading the company's technology and operation including overseeing R&D, product, customisation, implementation, QA and training together with customer and pre-sales support.

Prior to his tenure at Websplanet, he was VP of Delivery at Amdocs responsible for leading change and the major restructuring of the company’s delivery and R&D functions.

"Leverate is adapting to changing market"

According to Shem-Tov in an exclusive statement on the appointment to Finance Magnates: "I am excited to join Leverate in a capacity that can truly make an impact. Managing critical teams in the company while sitting on the Executive is a bit like jumping in the deep end, but it is a challenge that I relish. I have joined an excellent company with an excellent team. Seeing the vision for the future and how Leverate is adapting to changing market is a unique opportunity that I am very optimistic about."

"Nir is a welcome addition to Leverate and our executive management team. While replacing Eitan Bar-On was a difficult undertaking, Nir comes with a wealth of hi-tech experience and skills to see us take on the challenges of the Fintech market. Nir will oversee the Product Management, R&D, Account Management teams, IT and Support teams and we wish him the best of fortunes in his role," noted a Leverate spokesperson in an accompanying statement.

About the Author: Finance Magnates
Finance Magnates
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About the Author: Finance Magnates
Finance Magnates is a leading source of news, analysis and insights for the global financial services industry. All articles by this author are published on Finance Magnates, covering industry news, market developments, fintech, online trading, payments, cryptocurrency and other topics shaping the financial sector.
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