Executive Moves of the Week: Leadership Shifts at ClearBank, Fintel, Sterling Trading Tech and oneZero
The below are selected highlights of last week's executive transitions, including significant leadership shifts across the banking, trading, and FinTech sectors.
PSP - Former IG Risk Head Appointed Chief Risk & Compliance Officer at ClearBank
Joe McCaughran, formerly a long-serving executive and Group Chief Risk Officer at IG Group, has transitioned to ClearBank, where he has been appointed as the new Chief Risk & Compliance Officer.
Mr. McCaughran spent over 14 years at IG Group, a UK-based online broker. He initially joined the firm in 2010 as a Compliance Manager. He was promoted to Group Chief Compliance Officer in 2015 and subsequently became Group Chief Risk Officer in 2017. His professional background also includes previous roles at Willis Towers Watson’s OneExchange and JLT Group. Mr. McCaughran holds a Bachelor of Laws degree from Swansea University.
FinTech - Fintel Senior Independent Director Imogen Joss to Step Down
Fintel, a provider of fintech and support services for the UK retail financial services sector, announced that Imogen Joss, its Senior Independent Director, will resign from the board. Her departure is scheduled to take place at the company's upcoming Annual General Meeting (AGM) on May 20, 2025.
Imogen Joss joined Fintel's Board in January 2021. The company stated that her decision to step down is for personal reasons.
Fintel also announced the planned succession for the Senior Independent Director role. Tim Clarke, currently a Non-Executive Director and Chair of the Audit and Risk Committees, will assume the position of Senior Independent Director following Ms. Joss's resignation.
Solutions Provider - Sterling Trading Tech Appoints Julie Armstrong as Chief Commercial Officer
Sterling Trading Tech (Sterling), a global provider of technology solutions for order management, risk and margin, and trading, announced the appointment of Julie Armstrong as Chief Commercial Officer (CCO). This newly created position is highlighted as underscoring the firm's commitment to expanding its business on a global scale.
According to Sterling, this strategic hire signals the company's transition into a new phase of accelerated growth, building on recent progress in areas such as new client segments, product development, asset class coverage expansion, and increased geographic reach.
oneZero Financial Systems, a specialist in trade execution technology and connectivity, has announced the promotion of Lynnette Yeo to the position of Senior Vice President of Global Relationship Management.
The company stated that since joining oneZero in 2018, Ms. Yeo "has consistently demonstrated exceptional leadership and dedication to making a difference, elevating its global relationship management strategy, and ensuring deep alignment of our client success teams with client goals and outcomes."
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