Aquis hires from within to replace retiring chief operating officer Jonathan Clelland

Current chief operating officer (COO) Clelland is set to retire next year, stepping down in April 2024 after 11 years with Aquis.

Aquis exchange chief operating officer Jonathan Clelland is set to depart next April, with chief revenue officer and head of Aquis Markets David Stevens appointed to replace him.

Prior to joining Aquis, Clelland was chief operating officer at HSBC Investment Bank corporate finance division and of Shearman & Sterling in London. 

Stevens’ new role is effective as of today with Clelland remaining as a special advisor in order to “ensure a smooth transition”.

Stevens joined Aquis in 2021 and had previously held various senior roles across financial services and technology. His past positions included chief executive of foreign exchange broker Global Reach Group, as well as senior roles at Investment Technology Group, JP Morgan and Goldman Sachs.

Speaking in an announcement, Alasdair Haynes, chief executive of Aquis, praised Clelland’s important role at the business since the exchange’s inception, as well as his expert guidance.

“Jonathan has had a profound influence on Aquis since our inception, having played an integral role in building the finance and operations functions of our business and ensuring we have a solid team in place for the delivery of our strategy.” 

Haynes also shared his congratulations for Stevens: “Since joining in May 2021, David has helped ensure continued revenue growth and diversification across the business. He commences his new role with this vital experience and Group-wide insight, and I look forward to continuing our fantastic work to date.”

«