RBS appoints a new CEO
Royal Bank of Scotland has announced the appointment of Alison Rose as new chief executive officer. Rose will succeed CEO Ross McEwan who will step down on November 1 to take up the role of chief executive at the National Australia Bank. She has served the bank for over 27 years.
RBS Chairman Howard Davies said: “Following a rigorous internal and external process, I am confident that we have appointed the best person for the job.”
Fairway America appoints new COO
Portland-headquartered investment firm Fairway America appointed Anindya Roychowdhury as the company’s new chief operating officer. He will be based in Oregon and will take up the new role on October 21. Roychowdhury previously served KPMG in India and the Middle East for over 17 years and has more than 25 years of experience in negotiating and capital raising. He has held various senior leadership roles including vice president at AIA Capital and manager of IDBI bank in India.
On the appointment, Matt Burk, CEO of Fairway America said: “I'm ecstatic to have someone of Anindya's calibre joining our firm. His credentials are impeccable, and his network is expansive. As we continue to expand our real estate private equity business, the addition of Anindya will help fuel the pace at which we are able to grow.”
Revolut appoints European CEOs
UK-based challenger bank Revolut has announced the appointed of Virgilijus MirkÄs as CEO of Revolut Lithuania and Joe Heneghan, as CEO of Revolut Ireland. Heneghan will oversee the maintenance and expansion of Revolut in defining and executing the Irish business strategy while Virgilijus will implement European strategies that focus on payment, deposit and credit products.
Richard Davies, Revolut’s group chief operating officer in a release said: “As we continue to implement our expansion strategy to bring great value and amazing digital experience to fit customers globally, it’s vital that we build the strongest teams with the best skills and experience to deliver this. As banking veterans, Virgilijus and Joe come with a huge amount of experience growing businesses in highly regulated environments as well as building solid relationships with regulators. We’re really pleased to have them on board.”
Dallas-based Meritize start-up hires CTO
Texas-headquartered financing solutions provider Meritize has hired Kent Raymer as chief technology officer. Previously, Raymer oversaw the Dallas and Austin offices of software consultancy Pivotal Labs and is experienced in agile software development, product engineering and user experience design. As the first CTO of the company, Raymer will be responsible for developing the company's technology platform.
Chris Keaveney, founder and CEO of Meritize said: "Our work is rooted in a belief that access to skills-based training should be based on an individual's potential, not their past. It's about bridging the divide—and removing the friction—between workers ready to upskill, and employers that are feeling the pressure to close growing skill gaps. Kent's experience will enable us to translate data insights from the Meritize platform into tools that consumers can use. He's helping us to harness the potential of big data to identify—and create—new pathways for untapped talent."
Azimo appoints new CEO
London-based financial technology firm Azimo has announced plans to promote COO Richard Ambrose to CEO as founder Michael Kent moves to the role of executive chairman.
Commenting on the appointment, Kent said: “I am immensely proud of the sustained growth and success of Azimo, and of the team that made it happen. We’ve created a world-class service and payment platform, which is transforming the lives of millions of people around the world. The time is now right to hand over the role of CEO to my successor, Richard Ambrose, who has played a big part in the company’s development since he joined Azimo two years ago. I will continue to work closely with him and the rest of the team to make sure that our success story continues.”
Capitolis appoints new CFO
New York-headquartered financial services firm Capitolis has appointed Joe Molluso as chief financial officer, effective October. Prior to the appointment, he served as the executive vice president and chief financial officer at Virtu Financial and as an investment banker and managing director at JP Morgan. Molluso brings experience in corporate finance, operations, financial planning and analysis, investor relations and strategic planning. Molluso will be reporting directly to CEO Gil Mandelzis.
Tom Glocer, executive chairman and co-founder of Capitolis said: “I am delighted that Joe Molluso is joining the senior leadership team at Capitolis. I was Joe’s client when he worked as an investment banker at JP Morgan and was impressed that he combined financial acumen with a strong operating orientation. He will continue to provide the same level of capital markets insight with operational expertise at Capitolis.”