A change in the top management of financial technology and multi-asset execution provider for institutional investors and private clients ITI Capital is on its way. Finance Magnates confirmed with a company spokesperson that the CEO of the company, Max Hayden is preparing to resign as co-CEO and Director at the end of April.
He held the co-CEO role since October of 2017. During his tenure, the firm has shifted its course after a deal with Walbrook Capital Markets in 2017. Hayden joined the company during the concluding phase of the acquisition and merger between the firms.
According to a document, filed via the UK Companies House, Hayden resigned as Director on March 11 this year. An ITI Capital spokesperson confirmed that the firm’s transition to new leadership is underway and the company will share more details in the near future.
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A Long Financial Industry Career
Alongside his role as CEO, Hayden is also the co-owner of Elkhorn Consulting Limited since May of 2014. He is also a director and owner of Milvus Hill Limited, since August of 2013, according to his LinkedIn profile.
During his career, Hayden also held a number of roles in the prime brokerage space. Specifically, from March 2014 until August 2017 he was the Head of Prime Brokerage at BCS Financial Group, where he was based in London.
Before this, he was also the head of Bank of America Merrill Lynch’s Prime Brokerage platform, a role he held for more than six years before he left the firm in October 2012.
The ongoing transition at ITI Capital is likely to refocus the efforts of the company once more after a recent push in Russia was complicated by international sanctions. In an interview with Finance Magnates last year, Hayden highlighted that the firm had been actively focused on developing its institutional prime brokerage services.