Sucden Financial has promoted Bruno Almeida to Chief Financial Officer. Almeida joined the multi-asset broker in September 2024 as director of regulatory and financial risks. The firm created that position specifically for him when he arrived from FNZ Group, where he ran finance operations for the UK, Middle East and Africa region.
CEO Marc Bailey said Almeida “has already made a significant contribution to Sucden Financial, in particular through the implementation of enhanced capital and liquidity risk management systems and processes.”
Bailey added that “Bruno's expertise will be invaluable as we enter new markets and create more opportunities for our clients.”
Background at UK Regulator
Before his stint at FNZ, Almeida spent almost four years at the FCA's Prudential Specialists Department as a Lead Associate. He reviewed how regulated firms managed risk, structured their governance and handled capital requirements. That regulatory experience followed earlier roles at Itaú BBA International and KPMG, where he audited retail banks, investment banks, and funds.
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Almeida sits on Sucden Financial's executive committee and oversees relationships with exchanges. He holds nearly two decades of experience in financial services, specializing in financial risks and regulation .
The promotion follows a year of executive changes at Sucden Financial. The firm hired Rob Noyce from Bloomberg to lead exchange-traded derivatives in September 2024, the same month Almeida joined.
Expansion Funded by Credit Facility
Sucden Financial secured a $100 million revolving credit line from four banks in July 2025 to fund growth plans. The facility allows the company to draw down, repay and borrow again up to the specified limit.
The broker reported a 55% jump in profit for 2024, with revenue climbing 22% to £85.2 million. Return on capital nearly doubled, prompting the firm to increase its dividend by 50% to £15 million. The company opened a Singapore branch and launched a German subsidiary that began operating in early 2025.
Sucden Financial trades foreign exchange , fixed income and commodities. The London-based firm has operated for 52 years under the ownership of Sucden, a commodity trading group, while maintaining independent trading operations. The FCA authorizes and regulates the company.
