FCA, TraditionData, Saxo, and More: Executive Moves of the Week

This week: London's financial regulator, the FCA, onboarded David Geale as Executive Director for Payments and Digital Finance, and the Managing Director of the Payment Systems Regulator, Former LSEG Director, joined Michael Suppa at TraditionData, while Saxo now has a new UK Head of Compliance. Elsewhere, Tickmill's Loukas Priovolos moved to Deriv, Cor Prime appointed Tim Bevan as CEO, eToro enlisted a new MD for Singapore and Asia, Rapyd onboarded an ex-Israel Securities Authority Attorney. At the same time, Shir Shalom moved to a $140 Billion Asset Manager as Marex hires Sucden Financial’s Former Chief Operating Officer. FCA names new Payment Systems Regulator MD In the UK, the FCA appointed David Geale to take on dual responsibilities as the FCA's executive director for payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and digital finance, and managing director of the Payment Systems Regulator (PSR), just as the two entities begin a government-mandated consolidation. Geale steps in as the FCA takes on broader duties across crypto, payments, and open banking. His role places him at the center of delivering the UK's National Payments Vision, a strategy aimed at modernizing the infrastructure behind digital money transfers, improving consumer protections, and boosting competition. Learn more about FCA's appointment of David Geale . Former LSEG Director joins TraditionData At the same time, TraditionData, a provider of OTC financial market insights, enlisted Michael Suppa to its Account Management team in New York and made several other key personnel changes as part of its global expansion strategy. His career spans multiple major financial data providers, including previous roles at Refinitiv, Thomson Reuters, and Markit, where he specialized in fixed income markets and data services. Display more about the transition of Michael Suppa to TraditionData . Saxo appoints new UK Head of Compliance Saxo also appointed Michelle West as its new UK Head of Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term . West will oversee the company’s risk and compliance operations in the region. West has worked in compliance for about 30 years. Her past roles include positions at Bank of America, ABN AMRO, National Bank of Greece, Alpari UK, Electronic Voice & Foreign Exchange Limited, and Plus500UK. Highlight more about Saxo's appointment of Michelle West as the new UK Head of Compliance . Tickmill's Loukas Priovolos moves to Deriv Loukas Priovolos took on a new role as Financial Reporting Manager at Deriv, following an eight-year tenure at Tickmill, where he most recently served as Group Financial Controller. Priovolos' career at Tickmill spanned multiple roles, including as Accounting Supervisor in 2017 and culminating in his position as Group Financial Controller, which he held until 2025. During his time at Tickmill, he received four promotions and established two new finance sub-departments. Show more about Tickmill's appointment of Loukas Priovolos as Financial Reporting Manager at Deriv . Cor Prime appoints Tim Bevan as CEO Cor Prime, a recently launched crypto prime broker and part of Deus X Capital, appointed Tim Bevan as its CEO. The move comes as the firm gears up for its go-live phase and positions itself as a regulated player in institutional digital asset lending. Most recently, Bevan served as CEO of ETC Group, a crypto ETF issuer, for four years. He exited the firm following its acquisition by Bitwise in late 2023. Before that, Bevan led BCS Global Markets’ UK operations and oversaw global prime services for seven years. Disclose more about Cor Prime appointment of Tim Bevan as the new CEO . eToro appoints new MD for Singapore and Asia Meanwhile, fintech giant eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s regulatory and commercial environments. He previously held senior roles at ABN AMRO and Standard Chartered, where he led strategic initiatives and regional expansions. At ABN AMRO, he oversaw operations across the Asia-Pacific, managing risk, controls, and new market entries, including the bank’s move into Australia. Highlight more about eToro's appointment of Yaki Razmovich as Managing Director for Singapore and Asia . Rapyd onboards ex-Israel Securities Authority Attorney David Woliner joined Rapyd, a global payments company that provides fintech services to businesses, as Senior Payments Legal Counsel. He announced the move on LinkedIn today. Before joining Rapyd, Woliner spent over nine years at Porat Group, where he served as Senior Associate and Head of Financial Regulation. He worked there from 2016 until May 2025. He was based in Tel Aviv-Yafo, Israel. His focus included financial regulation and regulatory compliance. Disclose more about Rapyd's onboarding of David Woliner as Senior Payments Legal Counsel . Shir Shalom Moves to $140 Billion Asset Manager Shir Shalom, who recently departed from eToro after nearly four years leading various projects related to risk management, was appointed as Head of the Economic Department at Phoenix Financial. In her new position at Phoenix Financial, Shalom will lead the Economic Department, leveraging her extensive experience in risk management and financial services. Disclose more about Shir Shalom's move to Phoenix Financial . Marex hires Sucden Financial’s Former Chief Operating Officer Lastly, after nearly two decades, Gavin Parker, the former Chief Operating Officer of Sucden Financial, is moving to Marex’s newly launched Abu Dhabi entity. His arrival followed Marex’s acquisition of Aarna Capital, an Abu Dhabi-based clearing, execution, and risk management firm. Parker has over 25 years of industry experience, including 17 years at Sucden Financial in London. He served as COO from 2015 to 2024, overseeing a wide range of functions including IT, back office operations, and client services, after joining the firm as the Director of Information Systems. Explore more about Marex's onboarding of Gavin Parker as COO in Abu Dhabi . This week: London's financial regulator, the FCA, onboarded David Geale as Executive Director for Payments and Digital Finance, and the Managing Director of the Payment Systems Regulator, Former LSEG Director, joined Michael Suppa at TraditionData, while Saxo now has a new UK Head of Compliance. Elsewhere, Tickmill's Loukas Priovolos moved to Deriv, Cor Prime appointed Tim Bevan as CEO, eToro enlisted a new MD for Singapore and Asia, Rapyd onboarded an ex-Israel Securities Authority Attorney. At the same time, Shir Shalom moved to a $140 Billion Asset Manager as Marex hires Sucden Financial’s Former Chief Operating Officer. FCA names new Payment Systems Regulator MD In the UK, the FCA appointed David Geale to take on dual responsibilities as the FCA's executive director for payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and digital finance, and managing director of the Payment Systems Regulator (PSR), just as the two entities begin a government-mandated consolidation. Geale steps in as the FCA takes on broader duties across crypto, payments, and open banking. His role places him at the center of delivering the UK's National Payments Vision, a strategy aimed at modernizing the infrastructure behind digital money transfers, improving consumer protections, and boosting competition. Learn more about FCA's appointment of David Geale . Former LSEG Director joins TraditionData At the same time, TraditionData, a provider of OTC financial market insights, enlisted Michael Suppa to its Account Management team in New York and made several other key personnel changes as part of its global expansion strategy. His career spans multiple major financial data providers, including previous roles at Refinitiv, Thomson Reuters, and Markit, where he specialized in fixed income markets and data services. Display more about the transition of Michael Suppa to TraditionData . Saxo appoints new UK Head of Compliance Saxo also appointed Michelle West as its new UK Head of Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term . West will oversee the company’s risk and compliance operations in the region. West has worked in compliance for about 30 years. Her past roles include positions at Bank of America, ABN AMRO, National Bank of Greece, Alpari UK, Electronic Voice & Foreign Exchange Limited, and Plus500UK. Highlight more about Saxo's appointment of Michelle West as the new UK Head of Compliance . Tickmill's Loukas Priovolos moves to Deriv Loukas Priovolos took on a new role as Financial Reporting Manager at Deriv, following an eight-year tenure at Tickmill, where he most recently served as Group Financial Controller. Priovolos' career at Tickmill spanned multiple roles, including as Accounting Supervisor in 2017 and culminating in his position as Group Financial Controller, which he held until 2025. During his time at Tickmill, he received four promotions and established two new finance sub-departments. Show more about Tickmill's appointment of Loukas Priovolos as Financial Reporting Manager at Deriv . Cor Prime appoints Tim Bevan as CEO Cor Prime, a recently launched crypto prime broker and part of Deus X Capital, appointed Tim Bevan as its CEO. The move comes as the firm gears up for its go-live phase and positions itself as a regulated player in institutional digital asset lending. Most recently, Bevan served as CEO of ETC Group, a crypto ETF issuer, for four years. He exited the firm following its acquisition by Bitwise in late 2023. Before that, Bevan led BCS Global Markets’ UK operations and oversaw global prime services for seven years. Disclose more about Cor Prime appointment of Tim Bevan as the new CEO . eToro appoints new MD for Singapore and Asia Meanwhile, fintech giant eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s regulatory and commercial environments. He previously held senior roles at ABN AMRO and Standard Chartered, where he led strategic initiatives and regional expansions. At ABN AMRO, he oversaw operations across the Asia-Pacific, managing risk, controls, and new market entries, including the bank’s move into Australia. Highlight more about eToro's appointment of Yaki Razmovich as Managing Director for Singapore and Asia . Rapyd onboards ex-Israel Securities Authority Attorney David Woliner joined Rapyd, a global payments company that provides fintech services to businesses, as Senior Payments Legal Counsel. He announced the move on LinkedIn today. Before joining Rapyd, Woliner spent over nine years at Porat Group, where he served as Senior Associate and Head of Financial Regulation. He worked there from 2016 until May 2025. He was based in Tel Aviv-Yafo, Israel. His focus included financial regulation and regulatory compliance. Disclose more about Rapyd's onboarding of David Woliner as Senior Payments Legal Counsel . Shir Shalom Moves to $140 Billion Asset Manager Shir Shalom, who recently departed from eToro after nearly four years leading various projects related to risk management, was appointed as Head of the Economic Department at Phoenix Financial. In her new position at Phoenix Financial, Shalom will lead the Economic Department, leveraging her extensive experience in risk management and financial services. Disclose more about Shir Shalom's move to Phoenix Financial . Marex hires Sucden Financial’s Former Chief Operating Officer Lastly, after nearly two decades, Gavin Parker, the former Chief Operating Officer of Sucden Financial, is moving to Marex’s newly launched Abu Dhabi entity. His arrival followed Marex’s acquisition of Aarna Capital, an Abu Dhabi-based clearing, execution, and risk management firm. Parker has over 25 years of industry experience, including 17 years at Sucden Financial in London. He served as COO from 2015 to 2024, overseeing a wide range of functions including IT, back office operations, and client services, after joining the firm as the Director of Information Systems. Explore more about Marex's onboarding of Gavin Parker as COO in Abu Dhabi .