Arrivals & departures: top moves of 2023 – tech providers

Luma Financial Technologies

At the start of 2023, Konstantinos Pampoukidis (right) left the US multi-issuer platform where he was a sales manager for Europe for almost two years. He joined Vontobel in business engineering in August and continues to be based in Zurich.

In the new role, Pamppoukidis reports to Otto Huber, who replaced Marcus Pfister as head of the structured solutions and treasury (SS&T) centre of excellence earlier in the summer. Huber reports to Christel Rendu de Lint, head of investments at Vontobel.

Pampoukidis onboarded Luma from Leonteq Securities after the platform opened its first European office in January 2021. The salesman reported to David Wood, managing director of international business, who was responsible for spearheading Luma’s expansion into Europe.

In May 2023, Todd Dilatush (right) also parted ways with the US fintech where he was director of national sales for multi-issuer structured products and annuities. Based in New York, he joined SCG Asset Management along with two former Barclays bankers, Ian Merrill and Kevin Murphy.

At the US asset management firm, the trio focus on ‘product and index development and distribution, as well as sourcing strategic investments that are accretive to the overall platform’.

Previously, Dilatush was responsible for Luma’s sales to structured product distributors after spending over 16 years in cross-asset solution sales at Barclays Capital and Natixis. He has also held positions at the Federal Reserve Bank of New York and Merrill Lynch.

In October 2023, SCG Asset Management re-launched an interval fund that invests in a basket of autocallble structured notes, which offered an average coupon of 24.3% pa as of September. 

At the year-end, Arun Kumar (right) became another employee departure where he was chief technology officer (CTO) for two years, He joined Socure, a US provider of artificial intelligence, tasked with the same role.

Based in New York, Kumar joined Luma after his three years at Citadel where he was senior managing director. Prior to that, he worked at Amazon with responsibility in scaling an internally built machine learning platform into what later became Amazon’s consumer-facing product, Sagemaker.

iCapital

In January 2023, the US fintech platform for alternative investments appointed Agnes Bundy Scanlan (right) to the board of directors. With 30-year experience in regulatory risk management and compliance, she has served as president of The Cambridge Group since May 2020.

A former chief regulatory and compliance officer and global chief privacy officer at TD Bank, Bundy Scanlan also serves on the boards of AppFolio, R1 RCM, and Truist Financial. She also held various roles at Bank of America and FleetBoston Financial. Earlier in her career, she was counsel at the US Senate Banking Committee.

In April, Stephen Czick (right), managing director at iCapital’s Axio, has been appointed head of key accounts & issuer relation at iCapital. In his previous role, Czick was responsible for Axio’s product strategy & issuer relations teams, working with issuers, networks and advisors on ways to keep growing the structured product market.

He started his career at J.P. Morgan in equity derivatives & structured products, before moving to now-defunct Credit Suisse to participate in the launch of the bank’s registered investment advisor (RIA) & independent broker dealer (IBD) platforms. He later onboarded the Royal Bank of Scotland.

Czick joined Axio Financial in 2019 before the firm was purchased by iCapital in 2021.

Halo

In June, Matt Radgowski (right) became the new CEO of Halo, a promotion from his previous role as chief operating officer (COO). He replaced Biju Kulathakal, who remains on the board of directors.

Radgowski joined the US firm in August 2022 as COO with responsibility for the execution, distribution, and product strategy for the platform. Previously he worked for Morningstar where he spent almost 10 years with his last role as head of advisor solutions with a focus on distribution in the advisor and wealth management sectors.

In October, Hashbeer Ali was named executive vice president, institutional sales for the Middle East & Africa based in Abu Dhabi at Halo Investing MEA. His role encompasses developing and executing strategic sales initiatives while strengthening the presence in the institutional marketplace at the Chicago-based structured products platform.

Ali has experience of more than two decades in banking and derivatives sales. He joined from Commercial Bank of Dubai where his last role was senior manager, global markets sales.

Image: Bluraz/Adobe Stock.