FCA regulated emerging markets focused broker Sova Capital has announced that Fraser Smith has joined the firm as Chief Financial Officer. Fraser brings significant experience as a Global Financial Director with expertise in Asset Management, Global Banking & Markets, UHNW Wealth Management and Securities Services.

Sergey Sukhanov, CEO of Sova Capital commented:

“Fraser’s financial expertise and experience within large Global financial organisations strengthens our Senior team and provides the financial support that  Sova Capital will require to drive our ambitious growth agenda and hit our strategic and financial objectives.”

Fraser Smith spent the last 12 years at HSBC, originally as Global Financial Controller in Asset Management then Head of Business Performance for Global Banking & Markets. In his final four years at HSBC he was Global CFO for their Securities Services division. Prior to that Fraser was at Merrill Lynch for five years and also spent four years at Arthur Andersen as a Corporate Fraud Investigator.

Fraser qualified as a Chartered Accountant with Ernst & Young in London.

Fraser Smith noted:

“It’s very exciting to join Sova Capital at the start of a significant period of growth and change. I am looking forward to a dynamic environment, moving at a pace, and learning something new every day. I am keen to get started and I look forward to working with you all and helping Sova achieve its strategic ambitions.”

Sova Capital is an FCA authorised and regulated broker based in London. The firm offers institutional and corporate clients a full range of investment brokerage services, including independent research, securities trading, electronic and high-touch execution, and public capital markets financing. The company is controlled by Russian billionaire Roman Avdeev.