DriveWealth, a leading financial technology platform offering Brokerage-as-a-Service, has appointed Naureen Hassan as its new Global CEO, succeeding Michael Blaugrund, who is moving to a new role at ICE (Intercontinental Exchange).
Hassan brings decades of expertise in digital innovation, product development, and regulatory management in global banking and wealth management. She will oversee DriveWealth’s operations and support its mission to democratize investing worldwide.
Previously, Hassan served as President of UBS Americas, overseeing a $14 billion revenue division and leading the integration of Credit Suisse in the Americas. She also worked at the Federal Reserve Bank of New York, driving innovations in various operations. Earlier in her career, she served as Chief Digital Officer at Morgan Stanley’s Wealth Management and held roles at Charles Schwab and McKinsey & Company.
DriveWealth operates in five continents, including the U.S., EU/UK, South Korea, Australia, and Brazil, supporting over 2 million trades daily for its B2B partners and enabling 24-hour trading and multi-asset class support for individual investors.
KEY QUOTES:
“Michael has overseen a period of significant growth, expansion into new markets and profitability over the last two years as CEO and we thank him for everything that he has accomplished. Naureen has a proven track record as an industry innovator and disruptor and is the perfect person to lead DriveWealth through our continued evolution and next phase of growth. She joins us during a period of accelerating growth, and we look forward to all that is to come under her visionary leadership.”
Robert Cortright, DriveWealth Founder and Executive Chairman
“DriveWealth is truly changing how and where people invest and providing unique value and capabilities to partners across the globe. I am honored to step into this role, to continue building on the great work Robert and Michael have done, and to help guide the company’s continued growth and success. DriveWealth has grown by opening doors to new opportunities for investors in new markets and we will continue to work toward realizing the company’s potential as the market’s most trusted embedded investing technology partner.”
Naureen Hassan
