Leonteq Reshuffles Top Management
Swiss fintech firm Leonteq has cut its Executive Committee from seven to five members, aiming to speed up decision-making and streamline processes across its Zurich headquarters and Singapore hub.
Swiss derivative provider Leonteq will resize its Executive Committee from seven to five members, with immediate effect, according to a media release on Thursday. It will include Christian Spieler, CEO, Hans Widler, CFO, Reto Quadroni, CRO, Manish Patnaik, COO, and Jasmin Koelbl-Vogt, General Counsel.
Given his upcoming retirement, the Board of Directors is also preparing the succession of CRO Reto Quadroni and is already well advanced in this process. Leonteq expects to announce a new CRO in the coming months.
Extended Senior Management
An extended senior management team, consisting of Lorenzo Leccesi (newly appointed Head of Investment Solutions) as well as Alexander van Gasselt and Karthik Eswar (Co-Heads of Markets) will be established.
Leccesi, Head of Sales Europe and Deputy Head of Investment Solutions at Leonteq since 2023, will succeed Alessandro Ricci, who will leave the company. In his new role as Head of Investment Solutions, he will be reporting to CEO Spieler.
More Changes
Leccesi has extensive experience in the financial services industry, having worked at large investment banks for more than 15 years. Before joining Leonteq, he led the UK and EMEA Equity Derivatives and Delta 1 Sales and Structuring area at Citibank in London and was Head of EMEA Retail Cross Asset Solutions Sales before that. Prior to that, he spent eight years at J.P. Morgan, most recently as Head of UK Equity Derivatives and previously as Cross Asset Sales.
Chief People Officer Markus Schmid has decided to step down from his position and will leave the firm. Isabelle Hauser will be appointed as new Head of Human Resources. She has over 17 years of experience in Human Resources at Schroders and State Street, most recently as Head HR Switzerland & Austria, before joining Leonteq in 2024.
