Coremont LLP (Coremont) has appointed Yu Xu as deputy head of product.
Based in London, Xu will be responsible for Coremont’s product roadmap and accelerating the firm’s growth.
Xu joins Coremont from the financial services provider Qontigo where he was head of technology coordination.
Prior to that, he was head of technical product management at Axioma. Yu began his career at RiskMetrics as account manager.
Xu’s appointment follows Coremont’s recent appointment of Akbar Sheriff as chief operating Officer in July 2022.
Sheriff joined Coremont from State Street Fund Services Ireland, where he was chairman of the board and senior vice president of global head of custody.
Commenting on his appointment, Xu says: “It is an exciting time for the business, and I look forward to developing and advancing Coremont’s offering, building our presence and enabling clients to diversify into new distribution markets.”
