Dubai-based brokerage infrastructure firm GTN has made another senior hire as it builds out its presence in the UK and Europe. The company has appointed London-based Mark Evans as Head of Corporate Development.
In the role, Evans will lead GTN's mergers and acquisitions work, along with other growth plans.
He joins GTN after more than 10 years at IG Group. Most recently, he held the post of Head of Corporate Development before leaving late last year. During his time at IG, he ran the group's M&A strategy and execution. His work included the $1 billion acquisition of tastytrade, the purchases of Independent Reserve (A$178 million) and Freetrade (GBP160 million), and, more recently, the sale of Small Exchange to Kraken for $100 million.
Before IG, Evans worked at Barclays as a Vice President. There, he led the UK and European credit card and payments business.
GTN has added several executives in recent weeks. Earlier this month, the company named Salim Sebbata as Chief Commercial Officer for Europe in London. It also brought in Sweden-based Simon Bolvig Mark as Customer Success Manager.
The company is backed by IFC, part of the World Bank Group, and SBI Group, one of the largest financial services companies listed on the Tokyo Stock Exchange. GTN operates mainly from Dubai and is led by Group CEO and co-founder Manjula Jayasinghe and UAE CEO Damian Bunce.
Evans shared the following message on LinkedIn about joining GTN:
Delighted to share that I've joined GTN as Head of Corporate Development.
GTN builds the infrastructure that lets fintechs and institutions offer trading and investing globally. The growth trajectory is already strong, and having now spent time with the team and the platform I've been impressed by what I've seen.
My focus: M&A and new strategy and growth initiatives as the business enters its next phase.
Grateful to leadership team for the trust and warm welcome. Excited to get to work!
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