Tag: Ken Pigaga

Ken Pigaga

Knott to Step Down at NEX Optimisation

Just weeks after announcing it was allocated additional funding to its post-trade business, NEX Optimisation, NEX Group has announced that its CEO, Jenny Knott, has decided to step down from the role.
At the start of October Nex provided a trading update in which it revealed it would be spending more on building out the Optimisation business, a move that was interpreted in some quarters as a profit warning. Today the firm has announced Knott’s departure and appointed Ken Pigaga as CEO of Nex Optimisation.

Wren Replaces Bridges at NEX

Samantha Wren, currently chief commercial officer for NEX Markets, has been appointed chief financial officer of Nex Group and will join the firm’s board effective immediately. Bridges has stepped down from the role he took up in September 2015 and will leave the firm later this year.
In a separate move, Ken Pigaga, global chief operating officer, has also joined the board of Nex as a director, with immediate effect. “This appointment reflects the recognition of the importance of Mr Pigaga’s role leading the Nex transformation programme and the increased focus by the group on technology and cyber security,” the firm states.