Finstar Financial Group, a private investment group and portfolio manager, has seen three new senior appointments, namely the recruitment of Eugene Timko, Michele Tucci, and Alexander Ivanov. Each of the new roles begins with immediate effect, helping solidify Finstar’s investment strategy in 2016.
Per the new appointments, Eugene Timko will serve as Finstar’s Investment Director – in this role, he will be tasked with evaluating venture capital investment opportunities in the fintech space, as well as the services industry. Moreover, he will maintain an emphasis on disruptive business models and technology. Mr. Timko has been well versed with the fintech industry, having overseen several marquee acquisition, including Inventure Partners, among others.
Michele Tucci will step into the role of Head of Mobile Products and Business Development, a key area that looks to help contribute to the Finstar’s global expansion plans. He joins Finstar with over 16 years of international industry and consulting experience across the Asia Pacific (APAC) region, US, Europe, Middle East and Africa (EMEA).
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He has held senior management roles at Mint Payments as its Director of International Business Development and MasterCard Worldwide, having worked as its Vice President and Senior Managing Consultant.
Finally, Alexander Ivanov has been on-boarded to assist with venture capital investments at Finstar. The fintech veteran will joins after a decorated career in the fintech space, including working as the co-founder of ‘Life.SREDA’. Additional stops include senior roles at BCS Financial Group as its Head of Balanced Scorecard division.
According to Nicholas Jordan, CEO of Finstar, in a recent statement on the appointments: “Finstar’s decision to strengthen its focus on fintech solutions across a number of sub-sectors reflects the manner in which fintech investments are bucking trends across the globe. We see tremendous long-term growth opportunities across all industry segments, from lending platforms to insurance and asset management.