Newedge has appointed Michael Schulz as chief risk officer for Newedge UK Financial.
Schulz will report to Mathieu Giovachini, group chief risk officer at Newedge, and Richard Wilson, CEO of Newedge UK Financial.
Giovachini said: “Newedge is continuing to grow a comprehensive and leading-edge internal control framework and Schulz joining further reinforces that fact. We welcome his valuable international expertise combined with a strong knowledge of capital market products and credit, market, liquidity and operational risk methodologies.”
Schulz joins Newedge from Renaissance Capital based in Moscow, where he was the group head of risk management.
Commenting on his appointment Schulz said: “I am delighted to join Newedge to further build its UK risk function and to contribute to a highly sophisticated and truly global risk management team.”
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