The global head of platform licensing at investment bank UBS, Chris McConville, has been selected by not-for-profit Plato Partnership to chair its sell-side operations.
McConville was a member of the board at Plato for three years until 2019 and is currently a member of the Plato Strategic Investments Group.
He brings with him over 20 years of industry experience, serving at UBS since 2016 in several electronic trading and digital transformation roles, most recently as global head of platform licensing for the last two years.
“The Board and I are confident that Chris, with his extensive experience in this field, will bring a renewed energy and direction as we move towards the unique challenges for the financial markets in 2021,” said Mike Bellaro, chief executive of Plato Partnership.
McConville replaces former sell-side chair Nej D’jelal who served in the role for over six years.
“Nej has been instrumental in shaping Plato and its priorities from the ground up – his support and hard work from its inception has proven crucial to positioning our organisation as the leading force for innovation in the European equities space,” added Bellaro.
The change of reins follows a year of continuous initiatives from Plato Partnership as it looks to bolster its presence in the equities markets, most recently adding investment management heavyweight Capital Group to its list of buy-side founding members.
Plato also partnered with Urvin.Compliance last year to launch a platform for regulatory due diligence, PLIA by PLATO, launched a transaction cost analysis (TCA) platform from US-based BabelFish Analytics and teamed up with BMLL Technologies to launch a free market quality data tool, Platometrics.