ITI Capital has appointed Leonardo Brummas Carvalho as group co-CEO and CEO of wealth management.
He was picked for the position by ITI Capital chairman, Oleg Jelezko.
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Carvalho holds over 20 years of experience in the financial services industry. He was previously CEO and country manager for Credit Suisse Panama and most recently head of the Emerging Europe team for Credit Suisse in London.
ITI Capital, owned by Da Vinci Capital, has brought in Carvalho for his experience and to take the company on its next digital transformation phase.
Jelezko said: “We are excited to welcome Leonardo to the team at ITI Capital, and eager to apply his passion for technology, management and financial experience, to the next era of ITI Capital’s success.
“Leonardo will be building a fully integrated digital financial platform to service a range of private clients, and running his team at maximum efficiency, ensuring ITI Capital maintains its reputation for innovation, technology and best in class services.
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By GlobalData“Over his 20 years of experience in finance, Leonardo has become a top talent in reshaping and leading teams and growing businesses exponentially.”
Carvalho added: “I am thrilled to head up the wealth management department of ITI Capital, which is showing market resilience despite the widespread disruption caused by the Covid-19 outbreak. I will be joining a talented team, and look forward to taking our business to the next level, with ambitious plans to increase our offering, capabilities and market share in the coming months.
“Given the current climate, we are striving to further disrupt the financial services sector by making significant investments in cutting-edge financial technology. With many businesses and entrepreneurs forced to work remotely, getting access to the latest digital wealth management consultancy and insights online is now a top priority. Therefore, we also have big plans in store to democratise the market, and ensure the general public are offered the same, high-quality financial advisory services as has typically only been offered to high-net worth individuals before now.
“We are also very much focused on our social duties to help vulnerable citizens to get access to financial services remotely.”
ITI Capital currently has 220 employees and presences in the UK, Guernsey, Qatar, Cyprus, Russia, and Kazakhstan.
