Gilbert Addeo, the former president and chief operations officer at Investment Placement Group, has left Florida-based Atlas Fintech Holdings to join financial group FIS Global.
Addeo, who resigned from his executive position at IPG in July of last year after having spent more than four years at the San Diego-based RIA and independent broker-dealer firm, joined Atlas approximately two months later where he was charged with developing its US brokerage business and building out a global clearing and custody platform for broker-dealers, RIAs and hedge funds from his base in San Diego.
He spent about six months at Atlas as the firm’s executive vice president and chief operations officer before joining FIS Global on June 22 as a strategic account manager.
Addeo told Citywire Americas his new post has him based in San Diego reporting to John Messina, a regional director for FIS.
The firm offers a slew of fintech and payment solutions across banking, capital markets and merchant segments, effectively acting as an intermediary by facilitating and processing transactions. Its business lines provide their clients with digital platforms across the banking, wealth management and asset and investment management industries.
In his new role, Addeo will be responsible for managing relationships with specific accounts at FIS which includes coverage of Latin American clients while also engaging with the firm’s executives and employees across FIS’s sales team.
‘Technology continues to play a bigger role in the delivery of financial service and FIS has always been in the forefront of providing solutions to firms of all sizes and segments of the industry,’ Addeo said in an emailed statement to Citywire Americas.
‘I look forward to utilizing my experience to assist our customers and finding mutually beneficial growth opportunities.’
FIS Global has a presence across more than 50 countries and processes approximately $75bn worth of transactions each year, according to its website.