Delta Capital Names Alan Philpot as Chief Product Officer and DLT Lead

Delta Capita, a capital markets consulting, managed services and technology provider, has appointed Alan Philpot as chief product officer. Philpot brings more than 30 years’ experience in operations and strategy across financial markets and joins from SETL where he was head of custody and market infrastructure. He has also held senior roles in post-trade and securities at Barclays and Capco.

In his role at Delta, Philpot will be responsible for bolstering Delta Capita’s DLT offering and leading the strategy and execution of future product offerings. The company’s DLT business includes settlement optimisation, asset and collateral tokenisation, multi-asset books and records, digital issuance and digital custody, digital identity and passports, and interoperability.

Delta Capital recently acquired distributed ledger technology from SETL to build a next generation capital markets ecosystem, with Montis Group announced as the anchor client.

Global Relay Promotes Sahar Kayhani and Alex Viall to Key Leadership Roles

Global Relay, a provider of electronic communication compliance and archiving solutions, has promoted Sahar Kayhani to Chief Product Officer and Alex Viall to Chief Strategy Officer. Kayhani most recently spent two years as product director overseeing Global Relay’s data capture and archiving solutions, while Viall served as director of regulatory intelligence for the company.

Kayhani, who joined Global Relay as a product manager in 2014, will oversee a focused product strategy, collaborating with various departments. Viall, will help align Global Relay’s business strategy with its next growth phase and assist clients in adapting compliant communications practices for a changing financial regulatory environment.

LSEG Appoints Irfan Hussain as Chief Information Officer

The London Stock Exchange Group (LSEG) has announced the appointment of Irfan Hussain as its new Chief Information Officer, with effect from January 2024. Based in New York, Hussain will lead LSEG’s technology division and will be part of the Executive Committee, directly reporting to CEO David Schwimmer.

Before joining LSEG, Hussain held prominent positions at Goldman Sachs, including CIO for Consumer and Wealth Management. Meanwhile, Tony McCarthy, who has held the role of CIO at LSEG since January 2020, will be retiring in early 2024.

Broadridge Names Mike Sleightholme as President of Broadridge International

Broadridge Financial Solutions has appointed Mike Sleightholme as president of Broadridge International. Sleightholme, who is based in London, will be responsible for delivering the company’s capital markets technology and data solutions throughout the EMEA and Asia Pacific regions.

Sleightholme first joined Broadridge in 2022 as president of its Asset Management Solutions business where he was responsible for driving growth, the strategic execution of client and market-focused solutions, and world-class service delivery. Before joining Broadridge, Sleightholme spent five years at SS&C Technologies where he served as CEO and General Manager of the DST Systems business. He previously spent over 20 years at Citigroup in London, Hong Kong and New York, where he held a variety of senior leadership positions.

BNP Paribas Appoints New Co-Heads of Data & Digital Services

BNP Paribas’s Securities Services business has named Jean-Marc Friess and Thomas Durif as joint heads of its Data & Digital Services department, to advance the company’s data and digital services strategy, in line with BNP Paribas’s 2025 strategic plan.

Friess, the new Chief Digital Services Officer, will lead digital channels and services and take charge of the bank’s AI-driven virtual assistant. Durif, as the new Chief Data Officer, will focus on improving data quality and governance, as well as developing the company’s next-generation data infrastructure. The changes come as Philippe Ruault, the former Head of Data & Digital Transformation, becomes CEO of SLIB, a fintech majority-owned by BNP Paribas.

TS Imagine Appoints Simarjit Johal as Head of Asia Pacific

TS Imagine, the global cross-asset class provider of trading, portfolio, and risk management solutions, has announced the promotion of Simarjit (Sim) Johal to Head of Asia Pacific (APAC). Currently serving as Co-Head of Professional Services & Account Management, Johal will assume the new role in September 2023, relocating to Hong Kong and joining TS Imagine’s Executive Leadership Committee.

Johal, who has been with TS Imagine for seven years and served in multiple roles, brings his cross-functional leadership skills to the APAC region, which is considered a key growth area for the company. Prior to his new role, Johal has held positions including Product Analyst in Client Support, EMEA Head, and Global Head of Professional Services & Account Management.

Julian Chesser Appointed as Delta Capita’s New Regional Head of APAC

Capital markets consulting, managed services and technology provider Delta Capita, the financial services division of Prytek, has appointed Julian Chesser as its new Regional Head of APAC, based in Singapore. Chesser will oversee all aspects of the business across the region, contributing to regional strategy development and future business expansion. His addition to the global executive team is expected to utilise his extensive experience in banking, asset management, and service provision to support Delta Capita’s growth.

Chesser brings with him over 25 years of experience in the financial markets, including regional and global roles. Before joining Delta Capita, Chesser was the APAC Regional Head and Exco member at OSTTRA, a joint venture between S&P and the CME Group, where he established their post-trade business. Earlier, he held a position as Managing Director at IHS Markit in Singapore, where he led their post-trade business.

Avelacom Appoints Lorenz Voss as US Managing Director, Opens Chicago Office

Ultra-low latency network provider Avelacom is broadening its US operations and has appointed Lorenz Voss as the new Managing Director for the US market. Voss, who brings over 15 years of experience in the telecom and capital markets industries, joins Avelacom from Tower Research Capital.

Voss will be responsible for expanding Avelacom’s market share in North America, bolstering existing client relationships, driving sales, hiring new team members, and supervising network deployments from the company’s newly established office in Chicago. The move follows Avelacom’s recent network expansions in the APAC, Middle East and Latin America regions.

American Financial Exchange Names John Shay as CEO Following 7RIDGE Acquisition

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for US banks and financial institutions, has appointed veteran financial services executive John Shay as CEO. The announcement comes after the recent acquisition of AFX by 7RIDGE, a growth equity firm investing in transformative financial services technologies.

With decades of experience in leadership roles within the financial sector, Shay will lead AFX in accelerating its growth trajectory, expanding its network of members, and furthering the adoption of the AMERIBOR benchmark. Under 7RIDGE’s ownership and Shay’s leadership, the exchange aims to bring significant value to regional and local banks, helping them to source deposits, lend, borrow and manage risk effectively.

Adaptive Financial Consulting Bolsters Board with Two Non-Executive Directors

Adaptive Financial Consulting has announced the appointment of two Non-Executive Directors, Dr Stephen Norman and John O’Hara, to its Board. Dr Norman, who brings two decades of capital markets experience and has held senior roles at RBS Global Banking and Merrill Lynch, will succeed Janhavi Dadarkar as Chair of the Board.

John O’Hara, a co-founder and former CEO of Taskize, has extensive banking technology experience, having held senior roles at JPMorgan, Bank of America, RBS International Bank, and BP Energy Trading. The appointments follow a period of rapid expansion for Adaptive Financial Consulting, including key company hires and a significant increase in headcount.