|By Business Wire||
|May 19, 2014 07:30 AM EDT||
Weeden & Co., LP today announced the appointment of Sanjay Kumar as Chief Technology Officer. In this position, Kumar will play a key role in shaping Weeden’s technology strategy as the company continues to expand their products and services. Kumar will be based in Greenwich, CT, and report directly to company COO, Christopher J. Mahler.
“Sanjay is a key addition to our world-class leadership team and his knowledge and expertise enhances our ability to provide our clients with cutting-edge technology,” said Mahler. “He is an accomplished technology management executive with a proven track record of successful revenue generation. Sanjay’s leadership will be invaluable as we continue to improve and grow our business.”
“I am excited to join Weeden & Co., LP,” said Sanjay. “Weeden is a leader in the financial industry. Weeden has proven to be innovative and entrepreneurial in spirit. In my role as Chief Technology Officer, I will help Weeden maintain and grow its market-leading position.”
Kumar was most recently a Managing Director at UBS Investment Bank where he was responsible for the overall leadership and management of technology for the Americas Cash Equities trading business and Global Execution Services.
Prior to joining UBS, he was a Managing Director at Royal Bank of Canada where he was responsible for the management of the technology for the Global Multi-Asset Electronic trading businesses.
Before that, he was First Vice President of Global Equities Portfolio & Electronic trading technology at Merrill Lynch & Co.
About Weeden & Co.
Since 1922, Weeden & Co. has provided full service execution and trusted advice to over 1,500 US institutional investors on its platform that combines cutting edge technologies with a deep understanding of their clients’ business needs. Headquartered in Greenwich, Connecticut, Weeden & Co. provides premier global outsourced trading solutions complementing a robust prime brokerage offering. For more information, please visit www.weedenco.com.