Finini has been the COO of the company since 2019.
The appointment of Nestor Verrier as COO came as an internal promotion.
Swissquote announced today (Wednesday) the appointment of Nestor Verrier, as the new Chief Operating Officer. He will replace Lino Finini, who will retire at the end of this year. Verrier will assume the role on January 1, 2024.
New COO at Swissquote
"We are pleased to welcome Nestor as our new COO from January 2024," said Marc Bürki, the CEO of Swissquote. "He is highly valued by our team for his leadership work. With his international and technologically oriented background, he was the natural successor of our COO, who will retire at the end of the year."
The appointment came as an internal promotion, as Verrier has been serving as Swissquote's General Manager since 2019, stationed at the Luxembourg office. Before joining the Swiss broker, he spent 16 years at Luxembourg's Banque Carnegie, where he joined as a Senior Analyst and parted as a General Manager with two other roles in between. He started his career as a Security Engineer in 2001.
Retirement of a Veteran
Finini will step down from his role at Swissquote after spending about 23 years at the firm. He has been steering the company as the COO since March 2019. He is additionally an Executive Director and Board member of the Malta-based subsidiary of Swissquote, according to his LinkedIn profile.
Prior to the COO role, Finini held several other leadership positions at the Swiss brokerage giant.
"Swissquote would not be where it is today without Lino's insightful, resolved leadership and many successful initiatives. We wish him the best for the next chapter in his life," Bürki added.
Although Swissquote witnessed a double-digital drop in revenue and profits in 2022, the figures recovered significantly this year. In H1 2023, the company made a net income of CHF 265.6 million with an operating profit of CHF 124.8 million, both of which were record numbers. It ended the period by netting CHF 106.5 million in profits.
Swissquote announced today (Wednesday) the appointment of Nestor Verrier, as the new Chief Operating Officer. He will replace Lino Finini, who will retire at the end of this year. Verrier will assume the role on January 1, 2024.
New COO at Swissquote
"We are pleased to welcome Nestor as our new COO from January 2024," said Marc Bürki, the CEO of Swissquote. "He is highly valued by our team for his leadership work. With his international and technologically oriented background, he was the natural successor of our COO, who will retire at the end of the year."
The appointment came as an internal promotion, as Verrier has been serving as Swissquote's General Manager since 2019, stationed at the Luxembourg office. Before joining the Swiss broker, he spent 16 years at Luxembourg's Banque Carnegie, where he joined as a Senior Analyst and parted as a General Manager with two other roles in between. He started his career as a Security Engineer in 2001.
Retirement of a Veteran
Finini will step down from his role at Swissquote after spending about 23 years at the firm. He has been steering the company as the COO since March 2019. He is additionally an Executive Director and Board member of the Malta-based subsidiary of Swissquote, according to his LinkedIn profile.
Prior to the COO role, Finini held several other leadership positions at the Swiss brokerage giant.
"Swissquote would not be where it is today without Lino's insightful, resolved leadership and many successful initiatives. We wish him the best for the next chapter in his life," Bürki added.
Although Swissquote witnessed a double-digital drop in revenue and profits in 2022, the figures recovered significantly this year. In H1 2023, the company made a net income of CHF 265.6 million with an operating profit of CHF 124.8 million, both of which were record numbers. It ended the period by netting CHF 106.5 million in profits.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
"The Stock Research Market Is Broken and Highly Concentrated": Bridgewise's CEO
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa