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deVere appoints new Group CFO and Global Head of Fintech

  • By Andrew Sullivan
  • News
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deVere Group, one of the world’s largest independent financial advisory organisations, has appointed Richard Glenn as Group Chief Financial Officer and Dimitris Litsikakis as its new Global Head of Fintech..

Glenn, who starts his new role with immediate effect, joins from UAE-based wealth manager Credence International where he was the firm’s CFO for more than three years. Credence was recently acquired by deVere Group CEO, Nigel Green, to whom Glenn will report directly.

His primary focus will be the advisory side of the Group’s business model, with initial emphasis on the UAE operations.

He said: “It’s a privilege to be joining deVere, one of the world’s best resourced and most forward-thinking financial advisory firms. It’s particularly exciting to join at a time when the organisation is implementing a dynamic and expansive growth strategy.

The role of Group CFO is a newly created one, with the responsibilities previously being undertaken by other senior board members and managers.

Green said: “The creation of this CFO position represents a natural and positive evolution of executive responsibilities at deVere as we continually grow, develop and adapt to new market conditions and regulatory landscapes.

“We’re delighted to welcome Richard as our incoming CFO. Given his strong financial background spanning more than 13 years and his proven leadership ability, Richard is well positioned to lead deVere’s established finance team.”

The initial primary focus of Litsikakis, who starts with immediate effect and who will report directly to Green and COO Beverley Yeomans, will be deVere Vault, the firm’s global multi-currency e-money app.

Litsikakis said: “Fintech is truly revolutionising the way we deal with money and do business.”

Green added: “We are delighted to welcome someone of Dimitris’ calibre, expertise and experience to the company to help us develop our financial technology propositions even further.

“Fintech is a major growth area of our business model – we understand and value that there is growing need and want for it in an increasingly globalised and digitalised world.”

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