Leadership promotions

October 29, 2024

By Richard Baker, Founder and CEO.

At Tokenovate, we are actively shaping the future of financial market infrastructure. Our deep-tech trade lifecycle management platform, powered by blockchain, smart contracts, and tokenisation technologies, drives transformative innovation and operational efficiency for key players in capital markets, including banks, funds, brokers, exchanges, custodians, and clearing houses.

As we pursue our vision to position Tokenovate as the premier decentralised financial market infrastructure (dFMI), reshaping the OTC derivative trading and tokenisation ecosystem over the coming years, strong leadership is essential to making this happen. Fortunately, we have several exceptional leaders on our team!

Cian McGonagle, who joined earlier this year as our Chief Legal & Product Officer, is now fully responsible for our product strategy and management. With his outstanding market expertise and experience, Ciarán has ensured that our legal-first approach to tokenisation and smart contracts is both robust and regulatory compliant. His leadership, particularly in aligning with key industry bodies such as ISDA and FINOS CDM, has sharpened our focus and positioned Tokenovate at the forefront of the dFMI evolution.

Stephen Ashworth, who joined us last year as Head of Platform, has been instrumental in driving the development of our software. His extensive background, including equity derivatives trading, hedge fund management, and serving as a Managing Director at Tullett Prebon (now TP ICAP), has been invaluable in helping us design software that addresses the complexities of the capital markets ecosystem. Stephen’s promotion to Chief Commercial Officer (CCO) cements our commitment to scaling and accelerating our commercial ambitions.

Gunnar Larsén has been a cornerstone of Tokenovate for nearly two years, contributing across multiple functions. Moving forward, Gunnar’s full focus will be on our communications and marketing activities, helping us carve out a thought-leadership position in the market and supporting our continued growth. With his extensive experience in developing and promoting B2B software platforms, coupled with his ability to simplify complex concepts, I am thrilled that Gunnar will now take the reins of our storytelling. 

As we continue to grow, these leadership changes represent a significant step forward in our journey. Alongside Steve Haigh (CTO), my co-founder Gerard, and myself, I am confident this leadership team is equipped to elevate Tokenovate to new heights. Together, we are ready to embark on the next phase of our mission, to redefine OTC derivative trading and the tokenisation ecosystem, and set new standards for the future of financial market infrastructure.

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