Compagnie Financière Tradition (CFT), a Swiss interprofessional broker and operator of a Japanese retail foreign exchange trading platform, has strengthened its senior management with the appointment of Michel Everaert as global head of e-commerce and digitalization.
Momentum towards business growth
According to today's (Friday) announcement, Everaert's responsibilities in this new role will be to lead its “electronic initiatives and accelerate the transformation of its customer-focused high-touch and high-tech strategy.” .
“Tradition is a leading global transactional platform with an ambition for expansion and innovation,” Everaert said in a statement. “I’m excited about the potential this offers and look forward to building relationships and working with teams across the global business.” »
An industry veteran with 3 decades of experience
The Swiss-listed company hopes to benefit from Everaert's previous experience in working with exchanges and other financial services giants.
Everaert will join Compagnie after leaving the CME Group, where he spent the last 13 years of his career, and parting ways as Managing Director of the EMEA region. He joined the commodities exchange operator's London offices as general manager of OTC solutions, later becoming general manager of client development and trade hedging sales and general manager of client development and sales for EMEA. .
His other notable past experiences include serving as CIO of GFI Group and IMEX Group.
As his LinkedIn profile shows, Everaert began his career in financial services in 1992 at Dow Jones Telerate, where he spent more than six years. He then had a short four-month stint at Reuters and then joined CGI (then Logica) as investment banking sales director.
“I am delighted that Michel is joining us at Tradition to further accelerate our commercial development in line with our ambitious growth plans,” said Patrick Combes, President of CFT. “We will draw on his extensive experience as well as the wealth of knowledge he has accumulated over his 30-year career. »
At the same time, the Swiss group's pre-tax profit jumped 16.1% in 2023 to 127.2 million francs on an IFRS annual turnover of 982.4 million francs. It closed the year with a net amount of CHF 94.4 million.
This article was written by Arnab Shome at www.financemagnates.com.
Source by [author_name]