ITI Capital, the global financial services provider for institutional investors and private clients, today announces the appointment of Leonardo Brummas Carvalho as Group Co-CEO and CEO of Wealth Management, having been hand-selected for the position by its Chairman, Oleg Jelezko.

Leonardo brings over 20 years of experience in the financial services industry to his new position as CEO, having previously acted as CEO and Country Manager for Credit Suisse Panama, and most recently as Head of the Emerging Europe team for Credit Suisse in London.

ITI Capital, which is owned by Da Vinci Capital, a global private equity fund, has hired Carvalho to use his experience in management and financial Services to take the company on its next phase of digital transformation and accelerate its growth.

Moving forward, and with the help of its new CEO of Wealth Management, ITI Capital aim to become a global digital financial services provider, further disrupting the financial services industry by offering top-tier trading execution for private clients, transparent advisory and discretionary services aided by cutting edge fintech and artificial intelligence solutions.

Oleg Jelezko, Chairman, ITI Capital comments:

“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.

“Over his 20 years of experience in finance, Leonardo has become a top talent in reshaping and leading teams and growing businesses exponentially.”

Leonardo Brummas Carvalho, CEO of Wealth Management, ITI Capital comments:

“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.”