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Sarah Youngwood, chief financial officer — Nasdaq |
US stock exchange operator Nasdaq has named former UBS executive Sarah Youngwood as its next chief financial officer (CFO). She will replace current finance chief Ann Denison who will be leaving the company at the end of the year.
Ms Youngwood became CFO at UBS in May 2022, but left the Swiss bank earlier this year after UBS concluded its acquisition of rival Credit Suisse. She was replaced by Todd Tucker, who was appointed to the role in May. Prior to her brief career at UBS, she spent 25 years at JPMorgan, culminating in a stint as CFO for its consumer and community banking business.
Her appointment comes as Nasdaq chief executive Adena Friedman continues efforts to reposition the company as a major player in the financial technology space. In June, Nasdaq agreed to acquire software firm Adenza for $10.5bn following a restructure of its business into three divisions, as part of its strategy to diversify its portfolio of technology and intellectual property with the aim to move away from its traditional focus on equities trading.
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Emma Taylor, global head of internet coverage, technology investment banking — Barclays | ||
Carmen Chan, managing director of internet coverage, technology investment banking — Barclays |
Barclays has announced the appointments of Emma Taylor as global head of internet coverage and Carmen Chan as a managing director of internet coverage within its technology investment banking business.
Ms Taylor brings more than 20 years of experience in technology banking. She joins from the internet investment banking team at Goldman Sachs, where she advised international companies in a range of sectors including e-commerce, online travel, digital health and advertising.
Ms Chan joins Barclays from digital health platform Noom, where she served as head of corporate development and investor relations. She was responsible for evaluating acquisitions in the healthcare and wellness space and worked on the company’s fundraising, which included a $540m funding round in 2021. Prior to that, she spent five years at Goldman Sachs, where she worked alongside Ms Taylor on the internet team as head of global e-commerce coverage.
The new appointments come as Barclays looks to bolster the talent within its investment banking team. Last week, Barclays announced it had hired Lee Counselman from Moelis & Company as a managing director in its technology investment banking group, focused on software transactions.
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Martin Murrell, head of global payments — Silicon Valley Bank | ||
Milton Santiago, head of global digital solutions — Silicon Valley Bank |
Silicon Valley Bank (SVB), now a division of First Citizens Bank, has made two senior appointments to lead the development of its core payments business and digital strategy.
Martin Murrell, who joined SVB in 2022 to lead its payments infrastructure, integration and delivery team, will be promoted to head of global payments. Prior to SVB, he served as chief operating officer at Amalgamated Bank. He was part of the executive team that took the bank public and successfully executed the company’s first acquisition in its 100-year history.
As head of global digital solutions, Milton Santiago will be responsible for defining the bank’s digital strategy and aligning its technology investments in support of the strategy. He previously founded consultancy firm FinTech Advisors, where he provided guidance to banks seeking to transform their digital client experience. Prior to that, he served as a managing director within Bank of America’s global channels unit.
SVB was acquired by First Citizens Bank at a deeply discounted price of $16.5bn after its former parent company SVB Financial filed for bankruptcy in March. HSBC separately acquired SVB’s UK arm.
