Jan Schoch, co-founder and CEO of derivatives specialist Leonteq, decided on a reshuffle of the company’s executive designed to help him concentrate more on strategic affairs and cooperation agreements.
Leonteq appointed Marco Amato, 36, deputy CEO, the company said in a statement today. Amato (pictured below) currently is Leonteq's chief financial and risk officer. He will give up his role as chief risk officer when he assumes his new tasks in October, 2017.
Amato will primarily focus on his new role as deputy to Jan Schoch, 40, and on the control of budgetary discipline and the implementation of control mechanisms. He will help Schoch focus more on strategic positioning of the company and partnerships.
Amato will retain the role as chief financial officer, but give up the duties of chief risk officer. Amato, a citizen of Switzerland and Italy, joined Leonteq in 2016, coming from Ernst & Young.
New Chief Risk Officer and...
To free Amato up to fulfil his new tasks, Leonteq appointed Reto Quadroni as its new chief risk officer. The physicist will become part of the executive committee, having previously been in charge of risk control at the Zurich-based company. Quadroni, 54, used to work for UBS and Swiss Re.
Leonteq was also forced to replace its general counsel. Ulrich Sauter, 47, decided to leave the company as he wants to join a law firm specialized in financial market regulation, fintech and regtech. Sauter, a member of Leonteq’s executive committee, worked for the company for the past decade and will stay on board as an external judicial expert.
...Legal Counsel
Leonteq appointed Ingrid Silveri, 41, as successor to Sauter. The lawyer will assume the role of general counsel and take a seat on the executive committee. Silveri worked for Leonteq for the past six years and was head of the legal affairs group for the past three years.
The citizen of France previously worked at Clifford Chance and Simmons & Simmons law firms, both based in Frankfurt.
