Sova Capital, an independent brokerage with a focus on emerging markets, has hired Fraser Smith as chief financial officer (CFO).
Smith joins from HSBC and brings experience as a global financial director with expertise in asset management, global banking and markets, wealth management and securities services.
During his 12 year tenure at HSBC, he held several roles including his most recent role as CFO of securities services.
He originally joined HSBC as global financial controller in asset management, then head of business performance for global banking and markets.
Prior to that, Smith was a vice president at Merrill Lynch and previously worked at Arthur Andersen as a corporate fraud investigator.
Sergey Sukhanov, CEO of Sova Capita, says: “Fraser Smith’s financial expertise and experience within large global financial organisations strengthens our senior team and provides the financial support that Sova Capital will require to drive our ambitious growth agenda and hit our strategic and financial objectives.”
Smith comments: “It’s very exciting to join Sova Capital, where I am looking forward to a dynamic environment where my experience will support Sova as the firm achieves its strategic ambitions.”
