Finantix is promoting its new commercial chief to the CEO job as well. The banking veteran's advancement comes eight months after joining the fintech firm.
London-based fintech Finantix is naming Christine Ciriani as its CEO, it said in a statement on Thursday. Ciriani, currently commercial chief of Finantix, replaces Ralf Emmerich, who will become executive chairman and oversee product strategy.
Though Ciriani only joined Finantix last October, she was previously heavily involved in the 20-year-old start-up: she has sat on its board since 2018 when she invested in Finantix through tech investor Motive, where she is a partner. She will keep her job as commercial head of Finantix in addition to running the company.
Unclear Reasons
Finantix didn't detail a specific reason for the move. Ciriani is a veteran of the wealth management industry in Switzerland: she sits on the board of Barclays' Swiss bank and previously ran consulting firm Capco's business in the alpine nation for nearly ten years. She began her career at J.P. Morgan's investment bank.
Her hire last year signaled that Finantix, which invested one-fifth of its revenue in research and development in 2018, is poised for a stronger market push. Motive's investment has allowed Finantix to extend its product offering, improve customer acquisition, better serve clients, and open new offices in Switzerland, Japan, and Australia.
