REDI Shakes Up Leadership Team in Drive for Growth

As a result of the reshuffle, chief financial officer Greg Stockett will also take on the responsibility of the chief operating officer role, formerly held by Michael Rude who has been appointed as REDI's new chief revenue officer, responsible for the firm's client-facing organization globally.

Former Goldman Sachs global head of applications systems architecture Mark Etherington has joined REDI as the company's new chief technology officer, while the head of operations position at REDI has been handed to Clayton Meadows. Arthur Harrison and Ian Mawdsley have been named head of Americas account management and head of new account sales, respectively.

Launched in June 2013, REDI has experienced a sharp growth trajectory, also winning the best execution-management system category in this year's Waters Rankings.

"As our business continues to grow, it is important that our leadership team and organizational structure evolves as well to allow us to not only meet the standards our clients have come to expect, but also foster and develop our talented employee base," says Rishi Nangalia, REDI CEO. "Our business is building real momentum, and with these moves I firmly believe that its pace will accelerate as we're able to run our firm more efficiently and service our clients more effectively."