Written by Chris Lemmon
FinTech startup MarketInvoice has appointed Rija Javed as chief technology officer (CTO) as the company is set to heavily invest in its technology. Joining from Silicon Valley-based startup Wealthfront, Javed becomes one of the first female CTOs at a UK FinTech firm. She will be responsible for the engineering, data, science, and product and design teams.
Commenting on her appointment, Javed said: “Given the exciting roadmap ahead, our immediate focus is to scale up and continue improving our clients’ experience by investing in our team and technology. Thus, as people are the most important aspect of any venture, we’re looking to expand our team, especially in engineering.”
Finastra has announced Simon Paris as its chief executive officer, taking over Nadeem Syed as part of a planned succession process. Paris currently serves as deputy chief executive and has been responsible for driving all of Finastra’s go-to-market operations including sales, marketing, and partner relations and has overseen significant growth in Finastra’s market traction and global footprint.
Robert Smith, founder, chairman and chief execuitve of Vista Equity Partners, commented: “Over the past six years, Nadeem has built the company into a leading player in the Fintech industry, and Simon, with his understanding of how open platform technology can change the face of financial services, will take Finastra to the next level as a true platform company.”
Saxo Bank has appointed Steve Weller its new chief executive for the Middle East and North Africa (MENA) region. He will be based in the Dubai office and report directly to chief channel officer Damian Bunce.
Weller will assume the overall responsibility to develop the business and grow the base of trader, investor and wholesale clients. He has more than 25 years of international experience in the global foreign exchange market, having most recently been managing director and global head of Sberbank of Russia’s (CIB) foreign exchange business.
Weller said: “With the financial industry’s attention increasingly turning to technology and digital client experience, Saxo’s reputation in FinTech makes it the perfect place to operate in order to be at the forefront of these developments.”
Mark Zavadskiy has been appointed as vice president for strategic digital partnerships at Russia's Sberbank, where he will be responsible for developing partnerships with leading Russian and international digital companies. Prior to joining Sberbank, Mr Zavadskiy worked at AliExpress for four years as its Russia and CIS business development director, and was also head of Alibaba Group’s representative office in Russia.
“I am certain that Mark’s experience at one of the world’s biggest digital corporations will help us develop Sberbank’s ecosystem in cooperation with major Russian and international tech companies,” commented Lev Khasis, first deputy chairman of Sberbank’s executive board.
London Stock Exchange Group has named David Schwimmer as its new chief executive officer, who will join the group on 1 August 2018. Schwimmer joins LSEG after a 20 year career at Goldman Sachs. Most recently, David was global head of market structure and global head of metals and mining in investment banking. He began his career at Goldman Sachs in the financial institutions group, focusing on market structure, brokerage and trading. he also served as chief of staff to then president and COO, and spent three years in Moscow as co-head of Goldman Sachs’ business for Russia/CIS.
Donald Brydon, Chairman, London Stock Exchange Group, said: “I am delighted to announce David Schwimmer’s appointment after what has been a comprehensive global search conducted by the Board. David is a leader with great experience in the financial market infrastructure sector, which he has been closely involved in throughout his investment banking career, as well as capital markets experience in both developed and emerging markets.