Gavin Wells is leaving Digital Asset, where he has served as head of Europe, based in London. He is due to leave the firm next month, having joined in mid-2016.
Wells had previously been at LCH Clearnet (LCH), where he was global head of ForexClear. He joined LCH in 2008 and led the team that designed and implemented the ForexClear service, which was launched in March 2012.
Prior to LCH, Wells was at Citi, where he was a managing director in the FICC business. He spent 15 years at Citi in a variety of roles across FX trading, e-commerce and IT.
His client-facing responsibilities are being transitioned to Oliver Hugh-Jones, head of business development in Europe. Hugh-Jones joined Digital Asset in August 2018 and brought with him more than 20 years of experience selling and supporting financial technology solutions in Europe and North America. Prior to Digital Asset, he worked for FIS/SunGard as head of sales, EMEA for global trading and buy side solutions. He also served as head of sales for SunGard’s Treasury and Trade Execution solutions prior to the acquisition of SunGard by FIS in 2015. He has also worked for Fidessa, Tradeweb and a number of start-ups technology firms.
Wells’ departure follows the December departure of CEO Blythe Masters, who founded the blockchain firm.
Wells says he has no immediate plans to work elsewhere in financial services or tech, and currently plans to devote more of his time to academic opportunities and a nonprofit group that he chairs, Action Breaks Silence, which aims to combat gender-based violence.