Grushka Joins Capitolis Board

Capitolis has unveiled the appointment of Rony Grushka to its board of directors. he will also serve as an advisor to the executive team on strategic initiatives.

Grushka is perhaps best known for his role as a co-founder of Markit Group where he played a significant role in building it into one of the world’s largest financial information companies. During his 13 years with the firm, he was global head of corporate strategy, chief financial officer, a member of the executive management committee, and secretary to the board of directors. He also led the company’s initial public offering on the Nasdaq stock market.

“We are thrilled to welcome Rony to our board,” says Gil Mandelzis, CEO and founder of Capitolis. “His experience building a world-leading financial information company will be a tremendous asset as Capitolis seeks new partnerships with the world’s leading financial institutions and delivers innovative solutions to the market.”

Tom Glocer, executive chairman and co-founder of Capitolis, adds, “Capitolis has now entered a phase of exponential growth. Rony’s experience guiding Markit and other technology companies from early success to IPO will be of great benefit to the board and management team of Capitolis as we scale for success.”

Grushka’s appointment follows Capitolis’ announcement in March that it hired a new vice president of engineering and named two leaders to new roles to better support the firm’s rapid growth.

“Capitolis’ platform is truly unique and has established itself as a leader in this fast-growing category,” says Grushka. “It has the potential to revolutionise how banks, asset managers, hedge funds and other market participants manage their balance sheets. During these challenging times, Capitolis’ services are needed now more than ever.”

Colin Lambert

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