Financial News Roundup: Buehler Exits XTX, Barclays Bets on Rates
Key Appointments Signal Growth and Expertise in Financial Services
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The financial services sector is buzzing with notable leadership changes, as established firms and emerging platforms announce strategic appointments designed to bolster their expertise and drive future growth. From risk management to market data, these moves underscore a commitment to navigating complex regulatory landscapes and enhancing client offerings.
barnett Waddingham Strengthens Risk Governance with New Chief Risk Officer
Professional services firm Barnett Waddingham has appointed Rob Byett as its new chief risk officer (CRO). This strategic hire follows the retirement of Zoe Smith, the firm’s former head of governance. Byett brings a wealth of experience to his new role, having served as risk director at asset manager Hargreaves Lansdown for a decade. His prior experience also includes a senior management position at Deloitte, equipping him with a deep understanding of risk management frameworks and best practices across diverse financial sectors.
The appointment comes at a pivotal time for Barnett Waddingham, which was acquired by Howden Employee Benefits in april. Byett will now hold board positions at both entities, playing a crucial role in the ongoing integration process. His leadership in risk governance is expected to be instrumental in ensuring a smooth transition and reinforcing the firm’s commitment to robust risk management as it expands its services.
EuroCTP Welcomes Market Data Veteran to Advisory Committee
EuroCTP, a platform focused on building a consolidated tape for European investors, has welcomed Stephen Dorrian to its advisory committee. Dorrian, currently the head of European market data at Cboe Global Markets, brings extensive knowledge of market data operations and business advancement.At Cboe, he also leads Emea business development for the firm’s ‘data vantage’ products and is an active member of the executive committee for the industry group FISD.
before his tenure at Cboe, dorrian held significant data licensing roles at CME Group and the London Metal Exchange. His expertise in data licensing and market infrastructure is highly valued as EuroCTP works towards creating a complete data solution for European investors. The firm anticipates further appointments to its advisory committee as it progresses in its mission to generate consolidated share and ETP data, aiming to enhance transparency and efficiency in European capital markets.
AuditBoard Appoints New CEO to Drive Innovation
In a move signaling a focus on innovation and growth, risk and compliance software developer AuditBoard has appointed Raul villar as its new Chief Executive Officer (CEO). Villar is a seasoned executive with a proven track record in the software industry. He previously served as executive chair of software firm Simpro and led HR software provider Paycor, which was successfully sold for $4.1 billion in april.
Villar’s leadership experience, particularly in scaling software businesses and driving strategic growth, is expected to be a significant asset to AuditBoard.The company is poised to benefit from his vision as it continues to develop and deliver cutting-edge solutions for internal audit, risk, and compliance professionals. His appointment marks a new chapter for AuditBoard, reinforcing its commitment to empowering organizations with advanced technology to manage their risk and compliance functions effectively.
