Marketech snags former Saxo Bank Group CEO

The news: Adam Reynolds, the former Asia-Pacific CEO of Saxo Bank Group, has been appointed non-executive chairman of data and trading platform Marketech.

The context: Reynolds, who retired in September after 10 years leading Saxo, had held senior roles at Societe Generale, Merrill Lynch and HSBC. It marks the second new role for Reynolds after he joined the World Bank's International Finance Committee as an advisory committee member. He joins Marketech as the financial services company looks to IPO on the ASX.

What they said: “We’re delighted to welcome Adam to the board. He brings deep sector knowledge and strategic insight at exactly the right time for us. His experience scaling platforms like Saxo is invaluable as we look to grow and build Australia’s next great trading technology company," Marketech CEO Travis Clark said in a statement to Capital Brief.

“Marketech has built some impressive products and a loyal following in a market that’s ripe for improvement at the top end. I’m excited to help guide the business through its next phase, including its listing ambitions and broader growth strategy. There is huge potential here to shape the way Australia’s most valued investors access the markets, especially as AI continues to rapidly evolve," Reynolds said.