Aquis Exchange PLC (LON:AQX) announces that Jonathan Clelland, Chief Operating Officer, has advised the Board of his intention to retire in April 2024 at the Company’s forthcoming Annual General Meeting, at which time he will be stepping down from his role and the Board.

David Stevens, Chief Revenue Officer and Head of the Group’s Aquis Markets division, will assume the role of Chief Operating Officer effective immediately, with Mr Clelland staying on as a Special Advisor until his retirement to ensure a smooth transition.

Mr Stevens joined Aquis Exchange PLC in May 2021 following several high-profile financial services and financial technology roles. Before joining Aquis, he was Chief Executive Officer of foreign exchange broker Global Reach Group. Previous roles also include senior positions at global financial technology company Investment Technology Group, JP Morgan and Goldman Sachs.

Alasdair Haynes, Chief Executive Officer at Aquis Exchange PLC said:

“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.”

“I would also like to congratulate David Stevens in his new role as Chief Operating Officer. 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.”