This week saw a series of important executive changes across several financial firms. A notable transition included Achilleas Achilleos, the former Chief Marketing Officer at BDSwiss, who has now assumed the same position at Alchemy Markets. Achilleos, who exited BDSwiss amidst significant staff turnover about six months ago, brings nearly twenty years of marketing experience to his new role at the Seychelles- and Malta-regulated broker.
In another development, Andrew Bole, the Non-Executive Chairman of Trading 212, has stepped down after a four-and-a-half-year tenure. His resignation marks the end of his time at the online retail broker, where he played a crucial role in expanding the company’s presence in diverse international markets while establishing a notable reputation within the financial sector.
Spotware Systems also experienced leadership changes with the departure of Denis Kiselev, who served as Chief Product Officer. Kiselev was with Spotware for a little over a year and was responsible for product strategy and the development of their popular trading platform, cTrader, which processes daily trading volumes exceeding $20 billion.
In addition, Bakkt has appointed Akshay Naheta as co-CEO alongside Andy Main. This strategic appointment coincides with a partnership with Distributed Technologies Research (DTR) that aims to revolutionize cross-border transactions in the digital asset space by integrating stablecoin payments into Bakkt’s trading infrastructure. Naheta enters this role with a robust background in finance and technology, including significant positions held at SoftBank.
Another prominent change was announced with Jan De Schepper, the Chief Sales and Marketing Officer of Swissquote, being elected President of the Swiss Advertisers Association (SWA). De Schepper is anticipated to usher the organization into a new phase of innovation, focusing on modernizing advertising strategies and enhancing the representation of Swiss advertisers amid challenges such as digital transformation and changing consumer behavior.
Natasha Kassar has also made headlines by moving to YaMarkets as a Regional Sales Manager. Previously, she was the Chief Executive Officer for TrioMarkets in the MENA region for over two years, contributing significantly to the firm’s operations while based in Dubai. Kassar’s extensive experience positions her well for her new responsibilities.
Lastly, Catharine Ioannou has joined Kudotrade as the new Global Head of Human Resources. With prior HR leadership roles at prominent brokerages, including BDSwiss and SquaredFinancial, Ioannou will spearhead the global talent strategy and workplace culture initiatives at Kudotrade, which is expanding its operations in over 130 countries.
These executive shifts highlight ongoing changes within the financial services industry, reflecting a dynamic landscape that continues to evolve as companies adapt to new challenges and opportunities.