People Moves: Enfusion, Acadian, LSEG, and more

A look at the past month’s people moves in the capital markets technology and data space.

Enfusion taps Pawar for COO role

Enfusion, a provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced that it has appointed Neal Pawar to serve as Enfusion’s COO.

Most recently, Pawar was COO and later CEO of Qontigo, a provider of financial intelligence tools and indices for investment managers. He also served as CTO of AQR Capital Management.

Acadian Asset Management hires four new portfolio managers

Acadian Asset Management, a systematic investment manager with $100 billion in assets under management, has hired four new senior portfolio managers to its global equity research and equity portfolio management teams.

Owen Lamont joins the global equity research team as a senior vice president and portfolio manager, having previously served in a managing director role at Wellington Management.

Javier Alcazar, Lukasz Pomorski and Chris Covington also join the firm as senior vice presidents and portfolio managers.

Alter Domus taps Janiszewski to be COO

Tech-enabled fund, private debt and corporate services administrator for the alternative investment industry Alter Domus announced that it has appointed Michael Janiszewski as COO. Janiszewski joins from BNY Mellon’s securities services and digital business, where he also worked as COO. In his new role, Janiszewski will report to Alter Domus CEO Doug Hart, and he will also join the company’s group executive board.

Burton-Taylor hires Bailey as research director

Brad Bailey, the former head of market intelligence for fintech company Clear Street, has joined consultancy Burton-Taylor following a more than 20-year career in capital markets strategy and technology.

Along with his work at Clear Street, Bailey was the research director for Celent as well as a senior consultant at Oliver Wyman. He also held analyst, trading, business development, and strategy roles at investment banks and broker-dealers, including the predecessor of Virtu Financial and RBC Carlin.

At Burton-Taylor, Bailey will report to CEO and managing director Bob Iati. He will be responsible for managing the consultancy’s research business and will provide clients with a greater level of insight into the market data and financial technology businesses.

Bank of London appoints Woodhead as chief product officer

The Bank of London announced the appointment of Frankie Woodhead as chief product officer, effective immediately. Woodhead will be responsible for overseeing product vision, development and delivery across the UK bank and group. He joins the Bank of London from 10x Banking, where he was a vice president and general manager.

Frankie joins the bank with 15 years of senior leadership experience across business, corporate and retail banking in global tier-one financial services at Barclays and cloud-native digital banking technology provider 10x Banking. His roles at Barclays included product director positions spanning small and medium-sized enterprise (SME) lending, growth, authentication, payments, and customer servicing.

Instinet announces Milligan as president and head of the Americas

Instinet, the independent equity trading arm of investment bank Nomura, announced that Gerry Milligan has been appointed president and head of the Americas. Milligan re-joins the company from Credit Suisse, where he was head of electronic products for the Americas.

Versana hires Scaffidi and Fonte as head of product and head of sales

Syndicated loan trading platform Versana has hired Christine Scaffidi as head of product and Christopher Fonte as head of sales. Scaffidi most recently worked as senior principal product manager for corporate and syndicated lending at Finastra, while Fonte joins from Amazon Web Services. Both new hires will report directly to Cynthia Sachs, Versana’s CEO.

BlueFlame hires four industry veterans

BlueFlame, a generative AI platform for alternative investment managers, announced it has appointed four industry veterans to bolster its business strategy and operations groups. Justin Guthrie has joined as chief financial and strategy officer from his previous role as COO at ACA Group. James Tedman joins, also from ACA Group, as BlueFlame’s new head of Europe and head of information security.

Michael Donnelly has been announced as the new head of client success, joining from Eze Software, a unit of SS&C Technologies, where he was global head of client success. Finally, Mauri Lowery has been hired as director of executive operations. Lowery joins from ACA Group, where she was senior manager of executive operations and internal communications.

Mirova invests in US team

Paris-based sustainable investment manager Mirova has hired Stéphane Detobel and Francis Verpoucke as part of the company’s Mirova US team.

The pair will be based in New York and report to Zineb Bennani, CEO of Mirova US Both Detobel and Verpoucke have worked together at Tobam as managing directors in North America.

Capco chooses Spicer as partner for US FRC business

Technology and management consultancy Capco appointed Kit Spicer as a partner in its US finance, risk, and compliance (FRC) practice.

Spicer joins Capco from BlockFi, where he was head of credit risk and underwriting. Prior to BlockFi, he held financial risk management positions at Morgan Stanley, Goldman Sachs and Oliver Wyman. Spicer will be responsible for building out Capco’s capital markets front-office risk propositions and enhancing its existing Fundamental Review of the Trading Book (FRTB) and stress-testing solutions.

LSEG picks Proch for CFO

London Stock Exchange Group (LSEG) has appointed Michel-Alain Proch as its CFO. Proch will also become a member of LSEG’s board. Reporting to David Schwimmer, Proch will join LSEG on February 26, 2024, before joining the board as CFO on March 1, 2024. Proch will relocate to London from Paris to assume the role. Proch is currently group CFO for Publicis Groupe, where he is a member of the management board leading the global finance team across 100 countries.

Hazeltree goes with Metro for CISO

Hazeltree, a provider of treasury and liquidity management solutions for the alternative asset management industry, announced the appointment of Scott Metro as its chief information security officer.

Metro joins Hazeltree from PwC, where he most recently was a partner in the cyber, risk and regulatory practice, and led the firm’s global financial services risk and compliance transformation campaign.

Sifma board announces new officers

Following the fall board meeting, the Securities Industry and Financial Markets Association’s (Sifma’s) board of directors announced it has elected principal officers to leadership positions on the board for 2023–2024. Ken Cella, principal and head of external affairs and community engagement at Edward Jones was elected chair. The chair-elect is Laura Peters Chepucavage, head of global financing and futures at Bank of America. 

Ron Kruszewski, chairman of the board of directors and CEO of Stifel Financial Corp., was elected vice chair. James Reynolds, Jr., chairman and CEO of Loop Capital, will serve as chair emeritus, and Lisa Kidd Hunt, managing director and head of international services at Charles Schwab, was elected treasurer.

Sifma also elected new board members Matt Benchener, managing director of Vanguard personal investor at Vanguard; Ann Fogarty, executive vice president and head of global delivery at State Street; Brent Gledhill, president and CEO of William Blair; Chance Mims, founder and CEO of Academy Securities; Thomas Pluta, president of Tradeweb; and Gary Rapp, head of credit sales, trading and research at Truist Securities.

Several directors were re-elected to new terms, including Laura Peters Chepucavage of Bank of America; Gary Hall of Siebert Williams Shank & Co.; Larry Martinez of DA Davidson; Sam Ramirez, Jr., of Samuel A. Ramirez & Co.; Brendan Reilly of Barclays; Claire Santaniello of BNY Mellon Pershing; Kabir Sethi of LPL Financial; and John Taft of Baird.

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