Vlad Yermakoff is the latest individual to make the transition out of the foreign exchange (FX) space for the fintech realm, opting to take up a new role at PaySys EU. Indeed, 2017 has seen a marked uptick in movement on the personnel front. Many leading executives in the retail and institutional space have flocked towards new cryptocurrency or blockchain-focused companies or other fintech venues throughout the year.
Mr. Yermakoff will step into the roles of CEO and Executive Director of PaySys EU with immediate effect. The group operates across all aspects of the issuing, acquiring and processing of cards and other payment instruments such as e/m-commerce and e-money. He will be based out of Prague.
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Yermakoff has held a number of senior level roles across Europe at different locales. He joins PaySys EU from Dukascopy Bank SA, a Swiss group where he worked for over three years. During this period, he worked in its institutional relations and business development department, based out of Geneva.
He had also worked at Dukascopy Bank earlier in his career for over six years, dating back to 2007. In this capacity he served as the group’s senior relationship manager, specializing in business development as well as customer support and private banking. He also worked with customers and developed new relationships with prospective clients, a role he held up to 2013.
Mr. Yermakoff also worked at Baltikums Bank AS for nearly a year between 2013 and 2014, as its vice president of corporate banking and capital markets. This was his lone stop outside of Dukascopy Bank prior to his new appointment at PaySys, according to information made public on his Linkedin profile.