Today's City Moves cover finance, tech and energy. Take a look at these movers and shakers:
Jersey Finance has appointed Tom Powell as business development director for funds. Powell, who is based in Jersey, will be focussed on promoting Jersey’s funds sector. With the total net asset value of funds under administration in Jersey standing at its highest ever, the sector is thriving and offers an attractive proposition to both investors and managers. Powell will be emphasising Jersey’s proactive environment for managers seeking to market into both mainland Europe and to the UK post-Brexit, through national private placement regimes, while offering flexibility to access markets beyond Europe. Prior to starting his new role, he was head of sales and investor relations at Altis Partners with input on the investment committee, and brings 16 years of accumulated trading, sales and asset raising experience in the funds sector.
Jit Bhattacharya, best known for his pioneering work in electric vehicles, has been appointed as chief technology officer at Fenix International. The next-generation energy and financial services company has hired the well-respected Silicon Valley engineer and entrepreneur as part of an ongoing mission to deliver breakthrough technology and products to sub-Saharan Africa. Bhattacharya’s more than 10 years’ of experience in energy storage systems and product development will inform his work with the company. Prior to accepting the role with Fenix, Bhattacharya worked as a senior manager in the special projects group at Apple. Until 2014, Bhattacharya had served as the CEO and president of Mission Motors, a company which developed state-of-the-art technology for the emerging electric vehicle sector. Under Bhattacharya’s leadership, the company raised over $30m in capital and delivered battery and powertrain technology to manufacturers around the world including Honda Racing, Caterpillar, and Harley-Davidson.
Nexant, a global provider of technology enabled solutions to the utility and energy industries, announced yesterday that it has appointed John Gustafson as the company’s new CEO. Gustafson comes to Nexant from Cognizant Technology Solutions where he served as vice president and head of the utility and energy business Unit. He has held similar leadership roles at other leading service and solution providers including Wipro, IBM, and others. Gustafson is a recognised leader in the utility and energy industry who has consistently delivered transformative growth in previous roles building businesses up to $500m in revenue. Gustafson has experience leading all aspects of strategy, operations, delivery, and sales.
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