CySEC, LMAX, Saxo and More: Executive Moves of the Week

Sunday, 02/06/2024 | 06:00 GMT by Jared Kirui
  • Significant executive moves that dominated headlines this week came from the fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors.
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This week, there was a slight uptick in notable executive hires, promotions, and departures compared to last week. In this exclusive coverage, we focus on the notable moves in fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors.

LMAX onboarded a new Managing Director to spearhead growth strategy; Saxo appointed Andrew Bresler as UK CEO; CySEC named Panikkos Vakkou Vice-Chairman; Muinmos tapped Ex-LEGO veteran to its board; The Trading Pit's Group Chief Marketing Officer, Themis Christou Departed; FinCom bolstered DRC by Onboarding FastMT CEO; Stephanie Eckermann to leads Deutsche Börse's new Post-Trading Division.

Dive into our exciting coverage of executive moves in fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors.

Executive Moves of the Week

LMAX Onboards New Managing Director to Spearhead Growth Strategy

LMAX Group appointed Chris Knight as Managing Director. Knight, an experienced financial market professional with over 30 years of industry experience, will relocate from Sydney to London to assume his position at the operator of institutional exchanges for FX and digital assets trading.

Chris Knight, Managing Director, LMAX Group
Chris Knight, Source: LinkedIn

Initially, Knight will oversee the operations and future growth strategy of LMAX Digital, the institutional cryptocurrency exchange operated by LMAX Group. His career includes notable positions such as APAC Head of Distribution and Liquidity Optimization at XTX Markets and over a decade at Standard Chartered Bank, where he was responsible for the bank's e-commerce strategy across FX, Rates, and Credit.

Find out more about the appointment of Chris Knight to LMAX as the Managing Director.

Saxo Appoints Andrew Bresler as UK CEO

Saxo onboarded Andrew Bresler as the CEO of Saxo UK, effective June 3. He will succeed Simon Camilleri, who has been serving as interim CEO. Bresler has extensive experience in the financial sector. He was a significant member of Saxo's APAC leadership team and held the position of Deputy Head of Sales Trading in Singapore from 2016 to 2018. During this period, he focused on expanding the bank's client base in the APAC region.

Andrew Bresler , Saxo UK
Andrew Bresler, Source: LinkedIn

Besides that, Bresler was the Regional Head of Brokerage, Portfolio Finance, and Digital Investments for Asia and EMEA at Citibank. Most recently, he held various leadership roles at InvestCloud, where he contributed to regional growth and managed daily operations from Singapore across APAC.

Find out more about Andrew Bresler's transition to Saxo UK as the CEO.

CySEC Appoints Panikkos Vakkou as New Vice-Chairman

Cyprus' government named Panikkos Vakkou as the Vice-Chairman of the Cyprus Securities and Exchange Commission (CySEC). Vakkou joined the regulator's seven-member executive board earlier this year. Giorgos Karatzias, who held the position of Vice-Chairman, was recently appointed as the Executive Advisor to the Board of Directors of the Central Bank of Cyprus. Vakkou is also the Director of Operations and Credit Risk Manager at Haogen Technologies and a CFA charter-holder.

Panikkos Vakkou
Panikkos Vakkou, Source: LinkedIn

Additionally, Lambertides, a professor of finance in the Department of Commerce, Finance, and Shipping at the Cyprus University of Technology, joined the board following Karatzias' exit. Since the beginning of his career, Lambertides has been part of the academic fraternity.

Identify more about the appointment of Panikkos Vakkou as Vice-Chairman at CySEC.

"Critical to Future Growth": Muinmos Adds Ex-LEGO Veteran to Its Board

Muinmos, a regulatory technology firm focusing on financial services, welcomed Anders Kirketerp-Møller to its board. Kirketerp-Møller will focus on growth strategy and advising the leadership team, including the board. He joined Muinmos' board from LEGO, the Danish construction toy company, where he dedicated almost seven years as board chair.

Anders Kirketerp-Møller, Source: LinkedIn

Prior to LEGO, Kirketerp-Møller led operations at VELUX Foundations, and served as Director in VKR Holding, the holding company of VELUX. He dedicated five and a half years at Danish Industries, a private business and employers' organization representing more than 20,000 companies in Denmark.

Discover more about the addition of Anders Kirketerp-Møller to Muinmos' board.

The Trading Pit's Group Chief Marketing Officer, Themis Christou, Departs

Proprietary trading firm The Trading Pit bid farewell to Chief Marketing Officer Themis Christou, who held the position for two years after joining the firm from M4Markets. Previously, The Havard University alumnae served in various roles at Tickmill, including Senior Marketing Specialist, Group Marketing Project Manager, Global Head of Marketing Projects, and later Interim CMO.

Themis Christou, Source: LinkedIn

Speaking about the transition, Christou mentioned: "Looking ahead, I am thrilled to embark on an exciting new venture that promises not only to leverage my skills but also to set new standards in the industry. The details of this next chapter, which I will share soon, are poised to make a significant impact." Recently, The Trading Pit announced significant changes to its top leadership. Christoph Radecker, one of the Co-Founders, and Thomas Heyden, the CEO of The Trading Pit's Liechtenstein Office, exited the firm.

Learn more about the exit of The Trading Pit's Group Chief Marketing Officer Themis Christou.

FinCom Bolsters DRC by Onboarding FastMT CEO

The Financial Commission (FinCom) appointed Aytugan Khafizov, the Founder and CEO of FastMT, to its Dispute Resolution Committee (DRC). Khafizov's appointment marked the 37th since the DRC was founded in 2013.

Aytugan Khafizov, Source: LinkedIn

Earlier, Sam Low, the CEO of LiquidityFinder, joined the Dispute Resolution Committee as its 34th industry expert since its inception in 2013. With almost three decades of experience, Low led prominent roles at Finalto, Bloomberg LP, and First Derivatives before founding LiquidityFinder in 2018. His career spans from Bloomberg LP in 1997 to pivotal positions at Integral Development Corporation and First Derivatives Technologies.

Discover more about the appointment of Aytugan Khafizov, the Founder and CEO of FastMT, to FinCom.

Stephanie Eckermann to Lead Deutsche Börse's New Post-Trading Division

Deutsche Börse AG appointed Stephanie Eckermann as a new member of the Executive Board, effective June 1. Eckermann will lead the newly established Post-Trading division, which integrates the Securities Services and Fund Services operations with the post-trading service provider Clearstream. Eckermann has served in the Deutsche Börse Group since 2020. She currently holds the position of Managing Director, where she oversees Strategy & Controls Post-Trading within the division led by the designated CEO, Stephan Leithner.

Stephanie Eckermann
Stephanie Eckermann, Source: LinkedIn

Commenting about the appointment, Martin Jetter, the Chairman of the Supervisory Board of Deutsche Börse AG, said: "With Eckermann, the Supervisory Board appointed a highly esteemed leader in our company as a new member of the Executive Board. She has played a decisive role in shaping Clearstream's business in recent years. We are convinced that Eckermann will successfully develop the Group's post-trading businesses."

Find out more about Stephanie Eckermann's new role in spearheading Deutsche Börse's New Post-Trading division.

This week, there was a slight uptick in notable executive hires, promotions, and departures compared to last week. In this exclusive coverage, we focus on the notable moves in fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors.

LMAX onboarded a new Managing Director to spearhead growth strategy; Saxo appointed Andrew Bresler as UK CEO; CySEC named Panikkos Vakkou Vice-Chairman; Muinmos tapped Ex-LEGO veteran to its board; The Trading Pit's Group Chief Marketing Officer, Themis Christou Departed; FinCom bolstered DRC by Onboarding FastMT CEO; Stephanie Eckermann to leads Deutsche Börse's new Post-Trading Division.

Dive into our exciting coverage of executive moves in fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors.

Executive Moves of the Week

LMAX Onboards New Managing Director to Spearhead Growth Strategy

LMAX Group appointed Chris Knight as Managing Director. Knight, an experienced financial market professional with over 30 years of industry experience, will relocate from Sydney to London to assume his position at the operator of institutional exchanges for FX and digital assets trading.

Chris Knight, Managing Director, LMAX Group
Chris Knight, Source: LinkedIn

Initially, Knight will oversee the operations and future growth strategy of LMAX Digital, the institutional cryptocurrency exchange operated by LMAX Group. His career includes notable positions such as APAC Head of Distribution and Liquidity Optimization at XTX Markets and over a decade at Standard Chartered Bank, where he was responsible for the bank's e-commerce strategy across FX, Rates, and Credit.

Find out more about the appointment of Chris Knight to LMAX as the Managing Director.

Saxo Appoints Andrew Bresler as UK CEO

Saxo onboarded Andrew Bresler as the CEO of Saxo UK, effective June 3. He will succeed Simon Camilleri, who has been serving as interim CEO. Bresler has extensive experience in the financial sector. He was a significant member of Saxo's APAC leadership team and held the position of Deputy Head of Sales Trading in Singapore from 2016 to 2018. During this period, he focused on expanding the bank's client base in the APAC region.

Andrew Bresler , Saxo UK
Andrew Bresler, Source: LinkedIn

Besides that, Bresler was the Regional Head of Brokerage, Portfolio Finance, and Digital Investments for Asia and EMEA at Citibank. Most recently, he held various leadership roles at InvestCloud, where he contributed to regional growth and managed daily operations from Singapore across APAC.

Find out more about Andrew Bresler's transition to Saxo UK as the CEO.

CySEC Appoints Panikkos Vakkou as New Vice-Chairman

Cyprus' government named Panikkos Vakkou as the Vice-Chairman of the Cyprus Securities and Exchange Commission (CySEC). Vakkou joined the regulator's seven-member executive board earlier this year. Giorgos Karatzias, who held the position of Vice-Chairman, was recently appointed as the Executive Advisor to the Board of Directors of the Central Bank of Cyprus. Vakkou is also the Director of Operations and Credit Risk Manager at Haogen Technologies and a CFA charter-holder.

Panikkos Vakkou
Panikkos Vakkou, Source: LinkedIn

Additionally, Lambertides, a professor of finance in the Department of Commerce, Finance, and Shipping at the Cyprus University of Technology, joined the board following Karatzias' exit. Since the beginning of his career, Lambertides has been part of the academic fraternity.

Identify more about the appointment of Panikkos Vakkou as Vice-Chairman at CySEC.

"Critical to Future Growth": Muinmos Adds Ex-LEGO Veteran to Its Board

Muinmos, a regulatory technology firm focusing on financial services, welcomed Anders Kirketerp-Møller to its board. Kirketerp-Møller will focus on growth strategy and advising the leadership team, including the board. He joined Muinmos' board from LEGO, the Danish construction toy company, where he dedicated almost seven years as board chair.

Anders Kirketerp-Møller, Source: LinkedIn

Prior to LEGO, Kirketerp-Møller led operations at VELUX Foundations, and served as Director in VKR Holding, the holding company of VELUX. He dedicated five and a half years at Danish Industries, a private business and employers' organization representing more than 20,000 companies in Denmark.

Discover more about the addition of Anders Kirketerp-Møller to Muinmos' board.

The Trading Pit's Group Chief Marketing Officer, Themis Christou, Departs

Proprietary trading firm The Trading Pit bid farewell to Chief Marketing Officer Themis Christou, who held the position for two years after joining the firm from M4Markets. Previously, The Havard University alumnae served in various roles at Tickmill, including Senior Marketing Specialist, Group Marketing Project Manager, Global Head of Marketing Projects, and later Interim CMO.

Themis Christou, Source: LinkedIn

Speaking about the transition, Christou mentioned: "Looking ahead, I am thrilled to embark on an exciting new venture that promises not only to leverage my skills but also to set new standards in the industry. The details of this next chapter, which I will share soon, are poised to make a significant impact." Recently, The Trading Pit announced significant changes to its top leadership. Christoph Radecker, one of the Co-Founders, and Thomas Heyden, the CEO of The Trading Pit's Liechtenstein Office, exited the firm.

Learn more about the exit of The Trading Pit's Group Chief Marketing Officer Themis Christou.

FinCom Bolsters DRC by Onboarding FastMT CEO

The Financial Commission (FinCom) appointed Aytugan Khafizov, the Founder and CEO of FastMT, to its Dispute Resolution Committee (DRC). Khafizov's appointment marked the 37th since the DRC was founded in 2013.

Aytugan Khafizov, Source: LinkedIn

Earlier, Sam Low, the CEO of LiquidityFinder, joined the Dispute Resolution Committee as its 34th industry expert since its inception in 2013. With almost three decades of experience, Low led prominent roles at Finalto, Bloomberg LP, and First Derivatives before founding LiquidityFinder in 2018. His career spans from Bloomberg LP in 1997 to pivotal positions at Integral Development Corporation and First Derivatives Technologies.

Discover more about the appointment of Aytugan Khafizov, the Founder and CEO of FastMT, to FinCom.

Stephanie Eckermann to Lead Deutsche Börse's New Post-Trading Division

Deutsche Börse AG appointed Stephanie Eckermann as a new member of the Executive Board, effective June 1. Eckermann will lead the newly established Post-Trading division, which integrates the Securities Services and Fund Services operations with the post-trading service provider Clearstream. Eckermann has served in the Deutsche Börse Group since 2020. She currently holds the position of Managing Director, where she oversees Strategy & Controls Post-Trading within the division led by the designated CEO, Stephan Leithner.

Stephanie Eckermann
Stephanie Eckermann, Source: LinkedIn

Commenting about the appointment, Martin Jetter, the Chairman of the Supervisory Board of Deutsche Börse AG, said: "With Eckermann, the Supervisory Board appointed a highly esteemed leader in our company as a new member of the Executive Board. She has played a decisive role in shaping Clearstream's business in recent years. We are convinced that Eckermann will successfully develop the Group's post-trading businesses."

Find out more about Stephanie Eckermann's new role in spearheading Deutsche Börse's New Post-Trading division.

About the Author: Jared Kirui
Jared Kirui
  • 1405 Articles
  • 19 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1405 Articles
  • 19 Followers

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