Freetrade has
appointed Nick Robinson as its new Chief Financial Officer, according to a
LinkedIn post published by him today (Friday). Robinson wrote that he is
working with “everyone in the Freetrade and IG Group teams.”
The appointment comes
during a period of change at the UK investment platform. Last month, Jenny
Zhao announced that she had taken on the role of Chief Executive Officer at
Freetrade. The leadership transition began earlier this year when co-founder Viktor
Nebehaj said he would step down as CEO during the summer.
IG Deal Reshapes Freetrade Strategy
The changes follow
Freetrade’s acquisition by IG Group. The online trading company agreed
to buy Freetrade for £160 million in a transaction funded from existing capital.
Under the terms of the deal, Freetrade was expected to continue operating as a
standalone business. The acquisition expanded IG Group’s presence in the UK
direct investment market and broadened its investment offering.
Commenting on his
appointment, Robinson described the current period as “a pivotal moment
for Freetrade.” He added that the company has “the momentum and a
generational opportunity to transform retail investment in the UK.”
Former Mastercard Executive Joins
Freetrade
Robinson joins
Freetrade after a brief stint as Chief Financial Officer at TAB. Before that,
he spent just over two years as Finance Director for the UK and Africa at
Travelex.
At Travelex, he worked
as a commercial finance partner for the company’s wholesale, outsourcing, and
retail businesses. His responsibilities included supporting audit processes,
regulatory initiatives, and finance transformation projects.
Earlier in his career,
Robinson spent more than four and a half years as Chief Financial Officer at
Vocalink, the payments infrastructure company owned by Mastercard. In that
role, he presented financial management updates to the Bank of England and
worked on regulatory compliance, capital adequacy, and long-term investment
projects.
Before joining
Vocalink, Robinson spent six years at Mastercard in several senior finance and
product positions. These included Vice President, Product Advancement for Cyber
& Intelligence Solutions; Vice President Finance for European Switching
Services; and Vice President Finance for Cyber & Intelligence Solutions.
His work at Mastercard
included regulatory separation projects, product development initiatives,
investment planning, and commercial strategy for digital identity and
cybersecurity businesses.
This article was written by Tareq Sikder at www.financemagnates.com.
SOURCE LINK : Months After IG Deal, Freetrade Names New CFO Following CEO Appointment
