Trading Places: FXEmpire Loses its CEO, Plus500 Gets New Chairman

Keep up to date with the latest executive moves from around the financial services industry.

Monday, May 29

Tal Zohar

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Tal Zohar, London Stock Exchange Group

Tal Zohar, the former Global Business Development Officer at IG Group and Member of Group’s Management, has joined the London Stock Exchange Group. Zohar was appointed as Head of Elite Connect and a member of the senior management team. Zohar’s three-year stint at IG came to an end recently. Before joining the British giant, Zohar headed FXCM’s Israel branch for five years. Over the years, Zohar has built a high profile for himself in both the financial trading industry and the wider business community.

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Tuesday, May 30

Jakub Leonkiewicz, XTB

X-Trade Brokers (WSE:XTB) added a new member to its Board of Directors, appointing Jakub Leonkiewicz to the group’s leadership team. Mr. Leonkiewicz is the group’s latest addition to its board, having garnered a lengthy career in business development and in the financial services space. He began in 20001 at, having also worked at Roland Berger Strategy Consultants. The majority of his career has been confined to JPMorgan for over thirteen years, where he has held multiple roles.

Jeffrey Mensch, Deutsche Bank

Deutsche Bank made another hire in its Americas’ M&A office. The German lender today announced the appointment of Jeffrey Mensch as managing director to its mergers and acquisitions business in the Americas. Prior to Deutsche Bank, Jeffrey served most recently as senior vice president in the finance department at Ronald O. Perelman’s holding company, MacAndrews & Forbes Holdings, for more than three years.

Wednesday, May 31

Matthew Brown, Kurt Krestinski, and John Santonastaso, BTIG

BTIG continued adding to its Fixed Income Credit Group, already one of its most heavily recruited units this year. The latest tranche of appointments will see Matthew Brown, Kurt Krestinski, and John Santonastaso join the company. All three individuals will be based out of BTIG’s New York office, joining an already expanding team that is led by the joint forces of Drew Doscher and Darren Haines, Co-Heads of the Fixed Income Credit Group at BTIG.

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Alain Courbebaisse, Euronext

Euronext appointed Alain Courbebaisse as its Chief Information and Technology Officer – he will join Euronext on June 7, 2017. As its Chief Information and Technology Officer, Mr. Courbebaisse will be reporting to Stéphane Boujnah, CEO and Chairman of the Managing Board. His role as the Chief Information Officer at Euronext also comes on the heels of several similar roles at other venues over the course of a career spanning over two decades. Prior to Societe Generale, Mr. Courbebaisse also worked at Newedge as its Global Chief Information Officer (CIO) for over sixteen years.

Stuart Bridges, NEX Group

NEX Group announced a key reshape to its board of directors. The company’s CFO since September 2015, Stuart Bridges, announced that he would be leaving his post. His successor will be Samantha Wren, who is currently the Chief Commercial Officer of NEX Markets. Bridges was instrumental in the transition period for NEX Group as Tullett Prebon acquired the voice broking unit of ICAP. The remaining assets of the firm were consolidated into NEX Group.

Thursday, June 1

Jaymes Marsh, GBE Brokers

GBE Brokers on-boarded Jaymes Marsh as its Head of Marketing. The newly created position is set to take the company in a new direction as it aims to diversify its business with an institutional offering. Marsh is joining the company after spending a bit over a year with FXTM, where he was head of Marketing and Communications.

Marika Lulay, GFT 

Marika Lulay

GFT last week made a change in its top ranks, promoting longtime group executive Marika Lulay to the role of CEO. The Stuttgart-based consultancy opted to go with Ms. Lulay following her successful tenure as its Chief Operating Officer (COO) and member of its board, two positions she has held for nearly fifteen years dating back to 2002. Her mandate will see her foster and develop GFT’s international expansion, whilst also delivering on a range of new transformative technologies in Europe.

Itay Rand, FXEmpire

Itay Rand
Itay Rand

Itay Rand stepped down from his role as FXEmpire’s (FXE) CEO, ending a nearly two year stint at the financial news portal – he is now a Principal of 83North. Rand’s successor is yet to be announced. Prior to working at FXEmpire, Itay Rand had been acting as a consultant at the Boston Consulting Group for two years.

David Quinlan, Eze Software

David Quinlan

Eze Software last week named David Quinlan as its Executive Managing Director in Europe, the Middle East, and Africa (EMEA). Mr. Quinlan has been with the company for the past eighteen years, serving in various executive roles within the firm. His most recent role was Head of Strategy. Mr. Quinlan will lead the business development, customer service, and sales teams in the EMEA region, while addressing the needs of clients under the impending entrance of MiFID II regulations.

Friday, June 2 

Penny Judd and Steve Baldwin, Plus500

Plus500 gave notice about changes to its board of directors last week, which followed on the heels of a previous announcement back in April when Alastair Gordon stepped down from his position of chairman. He was succeeded by Penny Judd, with the board also adding a new non-executive director, Steve Baldwin. Ms Judd has been in financial services for over 30 years. Her expertise is in compliance, governance, regulation, corporate finance and audit.

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