The Securities and Exchange Commission has announced that David Saltiel, who has served as Acting Director of the Division of Trading and Markets, will depart the agency effective July 4, 2025. He has served as Acting Director since December 2024, and he also did so for several months in 2021. In addition to his time serving as the Acting Director of the Division of Trading and Markets in 2025 and 2021, Mr. Saltiel served as a Deputy Director of the Division since November 2021 and Associate Director of the Division’s Office of Analytics and Research since 2016.
Joseph Cassanelli, former Co-Head of Lazard’s U.S. Financial Institutions Group, has joined Blackstone Tactical Opportunities as a Senior Managing Director. Cassanelli will be based in New York and serve as an investment professional within Tac Opps focused on the financial services sector. Cassanelli spent more than two decades at Lazard, serving as a trusted strategic advisor to a broad range of global financial institutions.
Crossover Markets has expanded its global footprint to support U.S.-domiciled institutions. The firm’s Co-Founder & CCO Anthony Mazzarese, who has led the firm’s London office since he opened it two years ago, has relocated to the U.S. to support the firm’s expansion.
Morgan Stanley has announced that Lynn Good has been elected to the Company’s Board of Directors, effective July 18, 2025. Good is the former Chair, CEO and President of Duke Energy. Her appointment will bring Morgan Stanley’s Board of Directors to 15 members. She will serve on the Board’s Audit Committee.
Validus Risk Management has appointed Daniel Johnson as Chief Technology Officer. With over 15 years of experience working in both large and small tech-driven organisations, Johnson brings significant technical and leadership experience. Most recently, he spent four years at Hargreaves Lansdown as Chief Digital Platforms Officer.
Innovative Systems has announced two senior leadership appointments aimed at enhancing customer value delivery and outcomes amid consistent organizational growth. Deborah Overdeput has been promoted from Chief Marketing Officer to Chief Operating Officer. In addition, current Chief Revenue Officer Steve Maul has expanded his role to Chief Customer Officer.
Duco has appointed Anthony Northam as Chief Operating Officer. He brings more than 25 years of leadership experience across financial data, technology, and capital markets. He has a track record of driving transformational growth and leading global go-to-market teams based on leadership roles at major financial services and data analytics organisations. He most recently worked at London Stock Exchange Group and Refinitiv where he drove transformational growth and played a key role in the integration of Refinitiv into LSEG.
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