John Wilson, the co-CEO at , a London-based financial spread-betting and contracts-for-difference provider, has retired, Finance Magnates received confirmation from both Wilson and the broker.
Wilson joined the company in 2010 and remained at the apex position for nearly a decade. He shared his leadership role with Philip Adler since January 2019 when he was promoted from his position as chief operating officer. Adler is currently running the company.
Wilson’s retirement followed the by Swiss private equity firm Guru Capital.
An engineer-turned-financial expert
He was a financial industry veteran and served various companies in his four-decade-long career.
He joined ETX from Baikal Global, a pan-European multilateral trading facility for the execution of non-display orders, and led the company for two years through its merger and dilution with Turquoise.
He also founded and served as a principal at Expert Analysis Group, a UK’s Financial Services Authority-regulated company providing traditional and alternative investors, investment banks, and corporates access to experienced experts.
He was also the head of European equities and fixed income research at Lehman Brothers for seven years and parted with it months before the investment bank giant filed for bankruptcy. He also held a similar position at at its overseas branches, including the UK and Japan.
Wilson was a civil engineer by trade and started his career with oil and gas giant Shell as a field engineer, but made the switch to finance after earning his Ph.D. in engineering from the University of Cambridge.
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