InvestCloud appoints new CFO
California-headquartered InvestCloud has appointed Rebecca Sanchez Sarmiento as CFO, the company announced on July 2. Sarmiento joins from ATTOM Data Solutions, where she held a similar role. Previously, she was at Smart & Final, Deutsche Bank, and Citigroup. At InvestCloud, she will oversee the finance and operations team to create a financial management structure to drive growth domestically and internationally.
CEO John Wise told Crowdfund Insider: “The rapid global growth we have seen over the past year means we have needed to make strategic investments in InvestCloud’s leadership team. Our goal is to IPO the company during the coming years, and Rebeca is the perfect fit as she brings extensive financial industry expertise, data-savviness and analytical acumen to InvestCloud. These skills are incredibly important to us – therefore we are confident Rebeca will make a great addition to our senior leadership team. We are looking forward to welcoming her to the Pacific Design Centre.”
FinTEx announces new leadership
Chicago-based FinTEx appointed Randy Rivera as its executive director on July 24. Having recently worked at BBVA Compass and JPMorgan Chase, Rivera is also the creator of the FinTEx Forum and has been an advisory board member of the company. In his new role, he will be responsible for directing the company’s growth plans.
"FinTEx plans to increase its impact on the industry and the tech scene in Chicago and beyond," Randy said in a press release. "We will expand our offering to members, sponsors and community partners. Expect more curated content, newly focused special interest groups, legislative advocacy and increased member engagement."
Artivest appoints veteran fintech CFO
New York-based Artivest has named Karl Jaeger CFO, the company announced on June 27. Jaeger brings with him 25 years in the fintech sector. He has worked on the acquisitions of BrightScope, Market Metrics, as well as Matrix Solutions when he was CFO at Strategic Insight.
"Karl is a proven executive who has led finance and strengthened operations for a number of financial technology companies throughout his career," founder and CEO, James Waldinger commented in a press release. "His deliberate and disciplined approach will add critical depth at a time of significant momentum for the business."
Ferrabee named CEO of Mazooma
Atlanta-based payments firm Mazooma has recruited Justin Ferrabee as CEO, effective August 12. Ferrabee joins from Payments Canada, where he served as the chief operating officer and oversaw Canada’s payment clearing and settlement infrastructure, processes and rules. At Mazooma, he will be responsible for scaling the company whilst managing innovation.
In a press release on the appointment, board of directors’ representative Izabela Wakabayashi said: "With Justin's payments industry expertise and success in driving growth and innovation, he was the clear choice to propel our company into the future. Now is the right time for a leader like Justin, and we are so pleased to welcome him to our team."
Martin Gilbert set to assume chair of Revolut
UK-based Revolut announced the appointment of Martin Gilbert as chairman on July 8. Prior to the appointment, Gilbert served as co-chief executive of Standard Life Aberdeen, vice chairman of SLA and a member of advisory group of Tennor Holdings. Gilbert has not been actively working for a company after leaving Goldman but has been a participant in philanthropic ventures and personal investments.
solarisBank appoints new CTO and CFO
Berlin-headquartered solarisBank has appointed Thom Rasser as chief financial officer, effective from August 15. Rasser has 20 years of international banking experience, having worked with Dutch NIBC Bank in several management roles. At present, Rasser is a member of the FinLeap Advisory Board and will step down before assuming his position at SolarisBank.
In addition, Hima Mandali will join SolarisBank as chief technology officer.
Commenting on the appointments, SolarisBank chairman Gerrit Seidel said: “We are very pleased to have Thom Rasser, an experienced finance and credit portfolio expert, join solarisBank as CFO. We welcome his expertise to further expand solarisBank as a leading banking-as-a-service platform. With Hima Mandali, we have gained a CTO who will leverage his extensive experience to further accelerate the technological development of solarisBank. With their international experience, our two new colleagues will be great assets in the continued expansion of solarisBank.”
NYMBUS appoints new COO to head US expansion
Florida-based NYMBUS has announced the recruitment of Dr Joerg Richter as its new chief operating officer of platforms. Previously, Dr Richter served as vice president and later as president of solutions management at Mediaspectrum as well as worked at SAP and overseeing cross-platform advertising sales and publishing, market analysis, product design and sales execution.
Anne Miela, COO of Banking, NYMBUS said in a press release: “Technology that disrupts banking isn’t effective without the operational support that delivers these solutions, we’re thrilled Joerg has joined our team and will lend his proven expertise at overseeing platform growth in functionality and stability while creating significant reductions in deployment costs for serving our banks and credit union clients.”
HSBC announces retirement of Patrick Burke and appointment of Michael Roberts as President and CEO, HSBC USA
British multinational banking and financial services company HSBC issued the announcement of Michael Roberts succeeding Patrick Burke as president and CEO of HSBC. The appointment and departure dates are said to be confirmed by October and Roberts will report to John Flint, group chief executive of HSBC. Roberts brings with him 34 years of experience at Citigroup as chief lending officer and global head of corporate banking and capital management.
Group chief executive of HSBC, John Flint said: “We are delighted to welcome Michael to HSBC. Michael brings with him significant international, strategic and regulatory experience that will prove invaluable in leading the US business forward.”