Broadridge, Markets.com, IG and More: Executive Moves of the Week

Sunday, 21/01/2024 | 00:00 GMT by Tom Hazan
  • Executive moves that dominated the week's news for the forex, crypto and fintech industries.
executive-moves-of-the-week

This week has been quieter compared to the previous week, with a significant decrease in executive appointments in the forex, crypto, and fintech sectors.

Recent financial leadership appointments: Chad Alderson becomes General Manager for Global Tech and Operations at Broadridge Canada, Luis Dos Santos takes over as Global Business Development Head at Markets.com, Matthew Davidson is appointed CEO for IG Group's Australia and New Zealand unit, Linton White becomes Country Head at ATFX South Africa, and Valérie Urbain is named CEO at Euroclear following Lieve Mostrey's retirement. These appointments signal strategic changes in their respective organizations, emphasizing growth and excellence in various regions of the financial industry.

Dive into the ever-evolving world of executive changes within the financial technology sector with our weekly roundup, exploring the dynamic moves in the fields of forex, cryptocurrency, and fintech.

Executive Moves of the Week

Chad Alderson, GM for Global Technology and Operations in Canada at Broadridge Financial Solutions

Broadridge Canada Appoints Chad Alderson as General Manager for Global Tech and Operations

Broadridge Financial Solutions, Inc. has appointed Chad Alderson as the General Manager for Global Technology and Operations (GTO) in Canada. With a rich background in financial services, Alderson's role will be pivotal in optimizing global trading technology and operations. He will spearhead the modernization of wealth management and capital market offerings. Alderson's appointment signals a significant moment for Broadridge, given his two-decade-long career, including his previous role as VP at TD Bank, where he excelled in driving change within the financial services sector.

Canada holds strategic importance for Broadridge, and Alderson's expertise aligns perfectly with the company's goals. Broadridge aims to further establish itself as a trusted technology partner and innovator in the Canadian financial services landscape. As the Head of Broadridge's Canadian wealth, capital markets, and asset management divisions, Alderson will collaborate across departments to deliver exceptional services. His responsibilities encompass overseeing the GTO roadmap for strategic growth and introducing next-generation solutions.

Before joining Broadridge, Alderson served as the CEO and Director at LTI Financial Services Technology, where he enhanced service offerings to meet the evolving needs of Canada's banking, financial services, and insurance sectors. Broadridge's recent strong financial performance underscores its growth, with notable increases in total income and earnings per share. This success is attributed to new business acquisitions, internal growth, and organic expansions within its Global Technology and Operations and Investor Communication Solutions segments.

Display more about Chad Alderson's role in Broadridge's strategic expansion and its impact on the Canadian financial services industry.

Luis Dos Santos, Head of Partnerships at Vida Markets
Luis Dos Santos, Head of Partnerships at Vida Markets

Markets.com Welcomes Luis Dos Santos to Lead Global Business Development

Markets.com has appointed Luis Dos Santos as its Global Business Development Head, as announced on Dos Santos' LinkedIn profile. Dos Santos brings a wealth of experience garnered from key positions at Vida Markets, Trading 212, and London Capital Group to his new role.

His journey in the finance industry commenced in London, where he spent nearly four years at the London Capital Group. Subsequently, he assumed the role of Head of Client Services and On-Boarding in the UK at Trading 212. Dos Santos also played a pivotal role at Vida Markets as the Head of Partnerships, contributing to the company's growth in a rapidly evolving market.

In his new capacity as the Global Business Development Head at Markets.com, Dos Santos is poised to drive innovation and establish new global partnerships. This appointment aligns with Markets.com's strategy of targeting global expansion through key personnel appointments.

Reveal more about the strategic appointments and growth initiatives at Markets.com in the global finance industry.

Matthew Davidson, CEO at IG Australia
Matthew Davidson, CEO at IG Australia

IG Gets New Australia and New Zeland Unit CEO with an Internal Promotion

IG Group (LON: IGG), the London-listed financial firm, has announced a key leadership change with the appointment of Matthew Davidson as the Chief Executive Officer (CEO) for its Australia and New Zealand unit. Davidson, now based in Melbourne, assumed his new role as part of an internal promotion. Impressively, Davidson's journey within IG Group spans nearly two decades, starting in 2005 when he joined as a Graduate Sales Trader in London. Over the years, he climbed the corporate ladder, holding various positions such as Futures and FX Quoting Dealer, Chief Futures Dealer, and Deputy Head of Futures and FX.

IG Group, with a strong global presence, holds regulatory licenses in multiple countries, including Australia and New Zealand. This strategic appointment aligns with IG's commitment to bolster its global operations, ensuring strong leadership in key regions. Notably, other notable appointments and changes have occurred within IG Group recently, with Eren Eraslan becoming Head of Northern Europe, and Andrew Wood joining as the new Institutional Sales Manager for the Prime division. However, it's worth mentioning that IG Group also initiated cost-cutting measures, resulting in a 10 percent reduction in its workforce.

Investigate more about IG Group's internal promotion and its ongoing leadership transformations as it prepares to welcome a new Group CEO later this month.

Linton White, Country Head for South Africa, ATFX, Source: LinkedIn

Linton White Takes the Reins as Country Head at ATFX South Africa

ATFX Global, a key player in the CFD and derivatives industry, has appointed Linton White as the new Country Head for South Africa. White, with extensive experience in the financial sector, previously served as the General Manager at Scope Markets and held positions at Atossa Capital (Pty) Ltd and Veracity Markets. His appointment marks a significant move for ATFX as it aims to strengthen its presence in the South African market.

Under Linton White's leadership, ATFX Global in South Africa is expected to expand its reach and cater to both institutional and retail clients. White's background aligns well with the company's focus on providing tailored financial solutions. This appointment signals ATFX's commitment to growth and excellence in the region.

Find out more about Linton White's appointment and ATFX's strong performance in the third quarter.

Valérie Urbain, Euroclear, Source: LinkedIn

Euroclear Appoints Valérie Urbain as CEO Following Lieve Mostrey

Euroclear has announced the appointment of Valérie Urbain as its new Group Chief Executive Officer (CEO), following the retirement announcement of the current CEO, Lieve Mostrey. Mostrey, who has been at the helm since January 2017, is credited with expanding Euroclear's global presence and enhancing its funds offering through strategic acquisitions. Valérie Urbain, who has been with Euroclear since 1992, has assumed the role of CEO with extensive experience within the organization.

currently, Urbain serves as the Chief Business Officer, overseeing commercial and product development and playing a pivotal role in shaping the business strategy. Her client-centric initiatives have resulted in record levels of client satisfaction and sustained business income growth in 2023. Urbain's previous roles at Euroclear include serving as the CEO of Euroclear Bank and the CEO of the Euroclear ESES Central Securities Depositories, overseeing key subsidiaries. The Board expresses confidence in Urbain's leadership and is committed to supporting her and the management team in delivering value for stakeholders.

The transition period between Mostrey and Urbain is set to ensure a smooth handover, culminating in Urbain officially assuming the role of Group CEO after the Euroclear Board member mandates are renewed at the General Meeting on May 3, 2024. Euroclear, a vital capital market infrastructure, continues to provide settlement and custody services for a wide range of securities, prioritizing risk mitigation, automation, and efficiency for its global client franchise.

Identify more about Valérie Urbain's appointment and the future direction of Euroclear under her leadership.

This week has been quieter compared to the previous week, with a significant decrease in executive appointments in the forex, crypto, and fintech sectors.

Recent financial leadership appointments: Chad Alderson becomes General Manager for Global Tech and Operations at Broadridge Canada, Luis Dos Santos takes over as Global Business Development Head at Markets.com, Matthew Davidson is appointed CEO for IG Group's Australia and New Zealand unit, Linton White becomes Country Head at ATFX South Africa, and Valérie Urbain is named CEO at Euroclear following Lieve Mostrey's retirement. These appointments signal strategic changes in their respective organizations, emphasizing growth and excellence in various regions of the financial industry.

Dive into the ever-evolving world of executive changes within the financial technology sector with our weekly roundup, exploring the dynamic moves in the fields of forex, cryptocurrency, and fintech.

Executive Moves of the Week

Chad Alderson, GM for Global Technology and Operations in Canada at Broadridge Financial Solutions

Broadridge Canada Appoints Chad Alderson as General Manager for Global Tech and Operations

Broadridge Financial Solutions, Inc. has appointed Chad Alderson as the General Manager for Global Technology and Operations (GTO) in Canada. With a rich background in financial services, Alderson's role will be pivotal in optimizing global trading technology and operations. He will spearhead the modernization of wealth management and capital market offerings. Alderson's appointment signals a significant moment for Broadridge, given his two-decade-long career, including his previous role as VP at TD Bank, where he excelled in driving change within the financial services sector.

Canada holds strategic importance for Broadridge, and Alderson's expertise aligns perfectly with the company's goals. Broadridge aims to further establish itself as a trusted technology partner and innovator in the Canadian financial services landscape. As the Head of Broadridge's Canadian wealth, capital markets, and asset management divisions, Alderson will collaborate across departments to deliver exceptional services. His responsibilities encompass overseeing the GTO roadmap for strategic growth and introducing next-generation solutions.

Before joining Broadridge, Alderson served as the CEO and Director at LTI Financial Services Technology, where he enhanced service offerings to meet the evolving needs of Canada's banking, financial services, and insurance sectors. Broadridge's recent strong financial performance underscores its growth, with notable increases in total income and earnings per share. This success is attributed to new business acquisitions, internal growth, and organic expansions within its Global Technology and Operations and Investor Communication Solutions segments.

Display more about Chad Alderson's role in Broadridge's strategic expansion and its impact on the Canadian financial services industry.

Luis Dos Santos, Head of Partnerships at Vida Markets
Luis Dos Santos, Head of Partnerships at Vida Markets

Markets.com Welcomes Luis Dos Santos to Lead Global Business Development

Markets.com has appointed Luis Dos Santos as its Global Business Development Head, as announced on Dos Santos' LinkedIn profile. Dos Santos brings a wealth of experience garnered from key positions at Vida Markets, Trading 212, and London Capital Group to his new role.

His journey in the finance industry commenced in London, where he spent nearly four years at the London Capital Group. Subsequently, he assumed the role of Head of Client Services and On-Boarding in the UK at Trading 212. Dos Santos also played a pivotal role at Vida Markets as the Head of Partnerships, contributing to the company's growth in a rapidly evolving market.

In his new capacity as the Global Business Development Head at Markets.com, Dos Santos is poised to drive innovation and establish new global partnerships. This appointment aligns with Markets.com's strategy of targeting global expansion through key personnel appointments.

Reveal more about the strategic appointments and growth initiatives at Markets.com in the global finance industry.

Matthew Davidson, CEO at IG Australia
Matthew Davidson, CEO at IG Australia

IG Gets New Australia and New Zeland Unit CEO with an Internal Promotion

IG Group (LON: IGG), the London-listed financial firm, has announced a key leadership change with the appointment of Matthew Davidson as the Chief Executive Officer (CEO) for its Australia and New Zealand unit. Davidson, now based in Melbourne, assumed his new role as part of an internal promotion. Impressively, Davidson's journey within IG Group spans nearly two decades, starting in 2005 when he joined as a Graduate Sales Trader in London. Over the years, he climbed the corporate ladder, holding various positions such as Futures and FX Quoting Dealer, Chief Futures Dealer, and Deputy Head of Futures and FX.

IG Group, with a strong global presence, holds regulatory licenses in multiple countries, including Australia and New Zealand. This strategic appointment aligns with IG's commitment to bolster its global operations, ensuring strong leadership in key regions. Notably, other notable appointments and changes have occurred within IG Group recently, with Eren Eraslan becoming Head of Northern Europe, and Andrew Wood joining as the new Institutional Sales Manager for the Prime division. However, it's worth mentioning that IG Group also initiated cost-cutting measures, resulting in a 10 percent reduction in its workforce.

Investigate more about IG Group's internal promotion and its ongoing leadership transformations as it prepares to welcome a new Group CEO later this month.

Linton White, Country Head for South Africa, ATFX, Source: LinkedIn

Linton White Takes the Reins as Country Head at ATFX South Africa

ATFX Global, a key player in the CFD and derivatives industry, has appointed Linton White as the new Country Head for South Africa. White, with extensive experience in the financial sector, previously served as the General Manager at Scope Markets and held positions at Atossa Capital (Pty) Ltd and Veracity Markets. His appointment marks a significant move for ATFX as it aims to strengthen its presence in the South African market.

Under Linton White's leadership, ATFX Global in South Africa is expected to expand its reach and cater to both institutional and retail clients. White's background aligns well with the company's focus on providing tailored financial solutions. This appointment signals ATFX's commitment to growth and excellence in the region.

Find out more about Linton White's appointment and ATFX's strong performance in the third quarter.

Valérie Urbain, Euroclear, Source: LinkedIn

Euroclear Appoints Valérie Urbain as CEO Following Lieve Mostrey

Euroclear has announced the appointment of Valérie Urbain as its new Group Chief Executive Officer (CEO), following the retirement announcement of the current CEO, Lieve Mostrey. Mostrey, who has been at the helm since January 2017, is credited with expanding Euroclear's global presence and enhancing its funds offering through strategic acquisitions. Valérie Urbain, who has been with Euroclear since 1992, has assumed the role of CEO with extensive experience within the organization.

currently, Urbain serves as the Chief Business Officer, overseeing commercial and product development and playing a pivotal role in shaping the business strategy. Her client-centric initiatives have resulted in record levels of client satisfaction and sustained business income growth in 2023. Urbain's previous roles at Euroclear include serving as the CEO of Euroclear Bank and the CEO of the Euroclear ESES Central Securities Depositories, overseeing key subsidiaries. The Board expresses confidence in Urbain's leadership and is committed to supporting her and the management team in delivering value for stakeholders.

The transition period between Mostrey and Urbain is set to ensure a smooth handover, culminating in Urbain officially assuming the role of Group CEO after the Euroclear Board member mandates are renewed at the General Meeting on May 3, 2024. Euroclear, a vital capital market infrastructure, continues to provide settlement and custody services for a wide range of securities, prioritizing risk mitigation, automation, and efficiency for its global client franchise.

Identify more about Valérie Urbain's appointment and the future direction of Euroclear under her leadership.

About the Author: Tom Hazan
Tom Hazan
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Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader. Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments. Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise. He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.

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