Alpha FX Group plc (AIM: AFX), announced that it has
nominated Nicholas Maton as its Managing Director of Luxembourg, effective January
2022.
In an official press release shared with Finance Magnates,
Nicholas Maton, a veteran executive in the Financial Industry with three decades of
experience, has been named by Alpha FX Group plc, a global provider of
high-tech, high-touch financial solutions, transforming banking services for
corporates and institutions operating internationally, as its Managing Director
of the new office in Luxembourg.
Maton brings more than thirty years of experience from the
Financial Services Industry. In particular, he has extensive experience in developing
businesses in the Luxembourg markets. This market is of exceptional strategic importance
for the Group. Also, he brings a deep understanding of the alternative
investment sector with his traditional banking experience.
At first, Maton is expected to concentrate on building and
advancing commercial partnerships across Luxembourg’s alternative investment
sector in order to provide alternative banking solutions. Additionally, he will
provide support for the company’s application with Luxembourg’s financial regulator,
the CSSF (‘Commision de Surveillance du Secteur Financier’).
Maton’s Employment Background
Prior to the announcement, Maton spent the last sixteen
months with Intertrust Group. Having left at the end of last year, he took on
the responsibilities of Managing Director and the Luxembourg Country Head.
Before that, he simultaneously was a Partner at ONE group
solutions and an Independent Consultant for a short period in 2020.
At an earlier time, he spent roughly five years with HSBC.
Having joined the bank in May 2015 as a Director of Product Solutions Europe,
he quickly scaled the executive ladder and ended up as the Managing Director of
HSBC Securities Services Luxembourg.
The bulk of his career was with JP Morgan for just over nine
years. As an Executive Director of Product Solutions in Luxembourg, he successfully
completed all the necessary tasks of the role.
At PwC UK, he completed a stint of sixteen months in London
as a Senoir Manager. Further, his earliest known role was Head of Transitions
and Securities Audit at BNP Paribas which began at the run of the century.
The Alternative Investment Sector
Sam Marsh, the Managing Director of Institutional at Alpha
FX, commented: “On behalf of Alpha, I would like to wholeheartedly welcome
Nick to the team as part of the next stage of our expansion in the alternative
investment sector. Nick’s industry expertise and deep understanding of the
Luxembourg market represents a real asset to Alpha, and I am confident he will
bring immense value to delivering our vision to become the leading provider of
alternative banking solutions in the private capital space. To attract someone
of his calibre is a real reflection of not only the significant market
opportunity for the Group but the attractiveness of our high-performance and
innovative culture.”
“I’m delighted to be joining Alpha at a time when there
is a considerable opportunity to drive banking innovation in the alternative
investment sector. I have seen first-hand how the quality of service and
significant market experience sets Alpha’s solutions apart in this respect. I
look forward to working with the team and contributing to the long-term growth
of the business in Luxembourg,” Maton added.
Other Related News
In other related news, Alpha FX Group recently announced the
launch
of an alternative banking platform at the end of September 2021. The platform
will provide services to the alternative investment sector and to existing
Alpha FX clients. Further, the company enhanced its platform by making use of
client feedback. Alpha FX’s offerings include FX Risk Management and
alternative banking solutions to corporates and institutions internationally.
Furthermore, an earlier report showed that the
company revenue escalated 90 percent Y-o-Y in the first half of 2021, while profits
rocketed by 224 percent, touching £15.3 million.
Alpha FX Group plc (AIM: AFX), announced that it has
nominated Nicholas Maton as its Managing Director of Luxembourg, effective January
2022.
In an official press release shared with Finance Magnates,
Nicholas Maton, a veteran executive in the Financial Industry with three decades of
experience, has been named by Alpha FX Group plc, a global provider of
high-tech, high-touch financial solutions, transforming banking services for
corporates and institutions operating internationally, as its Managing Director
of the new office in Luxembourg.
Maton brings more than thirty years of experience from the
Financial Services Industry. In particular, he has extensive experience in developing
businesses in the Luxembourg markets. This market is of exceptional strategic importance
for the Group. Also, he brings a deep understanding of the alternative
investment sector with his traditional banking experience.
At first, Maton is expected to concentrate on building and
advancing commercial partnerships across Luxembourg’s alternative investment
sector in order to provide alternative banking solutions. Additionally, he will
provide support for the company’s application with Luxembourg’s financial regulator,
the CSSF (‘Commision de Surveillance du Secteur Financier’).
Maton’s Employment Background
Prior to the announcement, Maton spent the last sixteen
months with Intertrust Group. Having left at the end of last year, he took on
the responsibilities of Managing Director and the Luxembourg Country Head.
Before that, he simultaneously was a Partner at ONE group
solutions and an Independent Consultant for a short period in 2020.
At an earlier time, he spent roughly five years with HSBC.
Having joined the bank in May 2015 as a Director of Product Solutions Europe,
he quickly scaled the executive ladder and ended up as the Managing Director of
HSBC Securities Services Luxembourg.
The bulk of his career was with JP Morgan for just over nine
years. As an Executive Director of Product Solutions in Luxembourg, he successfully
completed all the necessary tasks of the role.
At PwC UK, he completed a stint of sixteen months in London
as a Senoir Manager. Further, his earliest known role was Head of Transitions
and Securities Audit at BNP Paribas which began at the run of the century.
The Alternative Investment Sector
Sam Marsh, the Managing Director of Institutional at Alpha
FX, commented: “On behalf of Alpha, I would like to wholeheartedly welcome
Nick to the team as part of the next stage of our expansion in the alternative
investment sector. Nick’s industry expertise and deep understanding of the
Luxembourg market represents a real asset to Alpha, and I am confident he will
bring immense value to delivering our vision to become the leading provider of
alternative banking solutions in the private capital space. To attract someone
of his calibre is a real reflection of not only the significant market
opportunity for the Group but the attractiveness of our high-performance and
innovative culture.”
“I’m delighted to be joining Alpha at a time when there
is a considerable opportunity to drive banking innovation in the alternative
investment sector. I have seen first-hand how the quality of service and
significant market experience sets Alpha’s solutions apart in this respect. I
look forward to working with the team and contributing to the long-term growth
of the business in Luxembourg,” Maton added.
Other Related News
In other related news, Alpha FX Group recently announced the
launch
of an alternative banking platform at the end of September 2021. The platform
will provide services to the alternative investment sector and to existing
Alpha FX clients. Further, the company enhanced its platform by making use of
client feedback. Alpha FX’s offerings include FX Risk Management and
alternative banking solutions to corporates and institutions internationally.
Furthermore, an earlier report showed that the
company revenue escalated 90 percent Y-o-Y in the first half of 2021, while profits
rocketed by 224 percent, touching £15.3 million.
Source: https://www.financemagnates.com/executives/moves/alpha-fx-group-nominates-nicholas-maton-as-managing-director-of-luxembourg/