The four new CLS board directors hail from very senior FX industry positions.
I am delighted that Jennifer, Gillian, Lesley and Sara are joining the CLS Board.
The leading provider of risk mitigation services to the global foreign exchange (FX) market, CLS Group, today announced that four new board directors have been elected by its shareholders, according to an official CLS announcement.
The four new directors were chosen during the firm’s Annual General Meeting (AGM) on April 26, 2016, and are Jennifer Buonopane, Gillian Lungley, Leslie Tay and Sara Wardell-Smith. This brings the total number of directors on the CLS Board to twenty-three – including outside and independent directors.
“I am delighted that Jennifer, Gillian, Lesley and Sara are joining the CLS Board,” said Ken Harvey, CLS Board Chairman, commenting in the CLS statement. “Their combined expertise and knowledge of the global foreign exchange market will provide valuable counsel to CLS in critical areas such as operations, technology and Risk Management.”
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Wells Fargo and State Street
A twenty-two year industry veteran, Ms. Wardell-Smith is globally responsible for the Foreign Exchange & International Treasury Sales and Trading Division at Wells Fargo and had joined the firm in 1995.
Ms. Wardell-Smith is also a member of the U.S. RMB Working Group, focused on ways to expand and develop the trading of RMB in the U.S. including clearing and settlement of the emerging Chinese currency - which is expected to be in the top ten currencies in the upcoming Triennial survey.
Ms. Buonopane is Chief Operating Officer at State Street Global Markets (SSGM) and a Senior Managing Director at the firm, having initially joined State Street in 2007, and overseeing more than 350 staff across numerous operations globally for SSGM, according to the CLS update.
Credit Suisse and UOB
Ms. Lungley is based in London and holds the role of Global Head of Operations IT as well as Chief Operating Officer for Credit Suisse, while also acting as managing director for the company. She oversees cash and Liquidity management, trade validation and control, client assets and clearing, among other areas related to FX at the company.
Mr. Tay is based in Singapore and oversees global FX, rates and derivatives market making and trading for United Overseas Bank Ltd (UOB) - a leading financial institution in Asia. Mr. Tay also runs the global arbitrage book for short-term interest rates at UOB and is a member of the Singapore division for ACI Financial Markets Association, according to the CLS update.
Board strategy and April data
David Puth, CEO of CLS, added in the announcement: “Their collective insight and experience, drawn from years of financial industry experience, will support CLS in the ongoing delivery of our strategy as we continue to seek new opportunities to mitigate risk and provide value for our members and the global FX market.”
The news follows after CLS reported an uptick in April's FX settlement figures (compared to March), indicating that volumes may have been lifted globally in April, as observed by the Bank for International Settlements (BIS) as the much-anticipated triennial survey for foreign exchange markets was conducted using April data and will be revealed later this year.
I am delighted that Jennifer, Gillian, Lesley and Sara are joining the CLS Board.
The leading provider of risk mitigation services to the global foreign exchange (FX) market, CLS Group, today announced that four new board directors have been elected by its shareholders, according to an official CLS announcement.
The four new directors were chosen during the firm’s Annual General Meeting (AGM) on April 26, 2016, and are Jennifer Buonopane, Gillian Lungley, Leslie Tay and Sara Wardell-Smith. This brings the total number of directors on the CLS Board to twenty-three – including outside and independent directors.
“I am delighted that Jennifer, Gillian, Lesley and Sara are joining the CLS Board,” said Ken Harvey, CLS Board Chairman, commenting in the CLS statement. “Their combined expertise and knowledge of the global foreign exchange market will provide valuable counsel to CLS in critical areas such as operations, technology and Risk Management.”
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Wells Fargo and State Street
A twenty-two year industry veteran, Ms. Wardell-Smith is globally responsible for the Foreign Exchange & International Treasury Sales and Trading Division at Wells Fargo and had joined the firm in 1995.
Ms. Wardell-Smith is also a member of the U.S. RMB Working Group, focused on ways to expand and develop the trading of RMB in the U.S. including clearing and settlement of the emerging Chinese currency - which is expected to be in the top ten currencies in the upcoming Triennial survey.
Ms. Buonopane is Chief Operating Officer at State Street Global Markets (SSGM) and a Senior Managing Director at the firm, having initially joined State Street in 2007, and overseeing more than 350 staff across numerous operations globally for SSGM, according to the CLS update.
Credit Suisse and UOB
Ms. Lungley is based in London and holds the role of Global Head of Operations IT as well as Chief Operating Officer for Credit Suisse, while also acting as managing director for the company. She oversees cash and Liquidity management, trade validation and control, client assets and clearing, among other areas related to FX at the company.
Mr. Tay is based in Singapore and oversees global FX, rates and derivatives market making and trading for United Overseas Bank Ltd (UOB) - a leading financial institution in Asia. Mr. Tay also runs the global arbitrage book for short-term interest rates at UOB and is a member of the Singapore division for ACI Financial Markets Association, according to the CLS update.
Board strategy and April data
David Puth, CEO of CLS, added in the announcement: “Their collective insight and experience, drawn from years of financial industry experience, will support CLS in the ongoing delivery of our strategy as we continue to seek new opportunities to mitigate risk and provide value for our members and the global FX market.”
The news follows after CLS reported an uptick in April's FX settlement figures (compared to March), indicating that volumes may have been lifted globally in April, as observed by the Bank for International Settlements (BIS) as the much-anticipated triennial survey for foreign exchange markets was conducted using April data and will be revealed later this year.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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