Cobalt has appointed Stephen Wolff as a strategic advisor to support its global growth strategy.
Previously, Wolff served on the board of financial market technology and infrastructure companies including R3, Tradeweb and ClearCourse Partnership.
From 2014 to 2016, Wolff ran corporate strategy and merger and acquisition at IHS Markit.
He also served as managing director and head of strategic investments at Deutsche Bank from 2008 to 2013.
Commenting on his new role, Wolff said: “I am delighted to be joining the Cobalt team during an exciting time for the company and the foreign exchange industry as a whole.”
He added: “The market is experiencing an unprecedented period of evolution, not least in the post-trade space where new technologies are fast-replacing the outdated infrastructure of yesterday.”
Adrian Patten, co-founder and chairman of Cobalt, commented: “Stephen Wolff has a wealth of specialised experience in the fintech industry and is a trusted advisor to many financial services firms. We are pleased to welcome him on board and look forward to working with him as Cobalt enters its next stage of evolution in foreign exchange.”
