Broadridge Taps Two Senior Hires to Lead European Issuer Services Expansion

Broadridge Financial Solutions (NYSE: BR) announced the appointment of Simona Vitale, former COO of European Operations at Morrow Sodali, to lead sales operations for its new international issuance services.

In addition to Vitale, Mariana Gonzalez also joins the team as Sales Director for International Release Services. The new appointments aim to strengthen the company's investor communication toolkit across Europe.

Broadridge Financial Solutions is strengthening its European sales force

Vitali has more than two decades of experience in corporate governance, with a particular focus on strengthening relationships between institutional investors and publicly listed companies.

In her new role, Vitale will lead a newly appointed team of sales executives across Europe, expanding Broadridge's reach and impact in the region.

“At a time when companies prioritize simplicity and efficiency, I am thrilled to join the Broadridge team dedicated to delivering customer-focused solutions that help issuers adapt to the evolving landscape,” commented Vitale.

Maria Ciano, Managing Director of International Exporter Services and Head of Strategy for EMEA and Asia Pacific at Broadridge, emphasized the crucial role Vitali will play in developing the company's solutions portfolio, particularly in the area of ​​investor communications.

“Simona’s 20-year track record in corporate governance focused on strengthening relationships between institutional investors and listed companies will be invaluable,” she added.

Also joining the team is Gonzalez, who has 15 years' experience in corporate banking, working at the Royal Bank of Scotland. Her goal will be to establish new client relationships and drive growth among Broadridge Services.

Less than a month ago, Broadridge expanded its Global Class Action business, in both the Canadian and UK markets, by acquiring two new relationship managers.

Broadridge Investor Insights

The hiring coincides with the recent launch of Broadridge Investor Insights, an advanced analytics platform that provides issuers with actionable insights into investor behavior and voting patterns. The AI-powered dashboard is designed to enable issuers to make informed decisions and engage effectively with their audiences.

Furthermore, the platform provides advanced tools focused on environmental, social, and governance (ESG) factors. These include detailed ESG assessments, benchmarking capabilities, and advisory services designed to help improve ESG approaches and initiatives.

In other developments, the company announced plans to acquire Kyndryl's Securities Industry Services (SIS) platform, which provides a range of services including settlement, recordkeeping and taxation to Canadian financial services companies.

In a separate move, Prometheum Capital has formed a strategic partnership with Broadridge to enhance its post-trade lifecycle and back office operations. This collaboration comes as Prometheum prepares to launch a comprehensive suite of custody, clearing and settlement services designed specifically for digital asset securities.

This article was written by Damian Schmil at www.financemagnates.com.

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