ITI Capital, a London- based brokerage firm for institutional investors and private clients, appoints Leonardo Brummas Carvalho as Group Co-CEO and CEO of Wealth Management, the company announced today.
Brummas Carvalho brings over 20 years of experience in the financial services industry to his new position.
Previously, he was CEO and Country Manager at Credit Suisse Panama.
Most recently, Brummas Carvalho served as Head of the Emerging Europe team at Credit Suisse in London.
ITI Capital says that it has hired Carvalho to use his experience to take the company on its next phase of digital transformation and accelerate its growth.
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With the help of its new CEO of Wealth Management, the firm aims to become a global digital financial services provider.
“We are excited to welcome Leonardo to the team at ITI Capital, and eager to apply his passion for technology, management and financial experience, to the next era of ITI Capital’s success”, Oleg Jelezko, Chairman at ITI Capital, says.
Jelezko hand-selected Brummas for his new role, according to the firm.
Plans to democratise the market
“Leonardo will be building a fully integrated digital financial platform to service a range of private clients, and running his team at maximum efficiency, ensuring ITI Capital maintains its reputation for innovation, technology and best in class services.
Over his 20 years of experience in finance, Leonardo has become a top talent in reshaping and leading teams and growing businesses exponentially,” Jelezko notes.
“I am thrilled to head up the wealth management department of ITI Capital, which is showing market resilience despite the widespread disruption caused by the Covid-19 outbreak. I will be joining a talented team, and look forward to taking our business to the next level, with ambitious plans to increase our offering, capabilities and market share in the coming months,” Leonardo Brummas Carvalho says.
“Given the current climate, we are striving to further disrupt the financial services sector by making significant investments in cutting-edge financial technology. With many businesses and entrepreneurs forced to work remotely, getting access to the latest digital wealth management consultancy and insights online is now a top priority. Therefore, we also have big plans in store to democratise the market, and ensure the general public are offered the same, high-quality financial advisory services as has typically only been offered to high-net worth individuals before now.
We are also very much focused on our social duties to help vulnerable citizens to get access to financial services remotely,” he adds.