News

Plato Appoints UBS’ Chris McConville as New Sell-Side Chair

Plato Partnership, the not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, today announced that Chris McConville, Global Head of Platform Licensing at UBS, has been appointed as the Sell-Side Chair. He will begin his role with immediate effect.

McConville brings over 20 years of experience in finance to the Partnership, most recently at UBS where he has held a number of roles focused on digital transformation and electronic trading. This experience will support Plato Partnership in its ongoing mission to bring greater efficiency and technological innovation to the European equities marketplace.

McConville was a member of the Plato Board between 2016 and 2019, and is currently a member of the Plato Strategic Investments Group. He replaces Nej D’jelal, who held the role as the Sell-Side Chair for over six years.

Mike Bellaro, CEO of Plato Partnership, said: “Over the past six years, Plato has built a strong foundation for future growth in its initiatives for the sell-side, especially in the field of fintech with our numerous collaborations with technology platforms like Turquoise, PLIA, BMLL and Babelfish. The Board and I are confident that Chris, with his extensive experience in this field, will bring a renewed energy and direction as we move towards the unique challenges for the financial markets in 2021”.

“As our former Sell-Side Chair, Nej has been instrumental in shaping Plato and its priorities from the ground up – his support and hard work from its inception has proven crucial to positioning our organisation as the leading force for innovation in the European equities space. I would like to thank him personally for his dedication to Plato and its vision, and wish him every success in his future endeavours”.

Chris McConville, Sell-Side Chair of Plato Partnership, said: “I am delighted to be taking up the baton as Sell-Side Chair at Plato. Over the past six years, I have had the opportunity to work on some of the tremendous initiatives that the Partnership has brought to the marketplace from my positions on the Board and in its Strategic Investments Group. Plato has always provided a voice for the equities market, acting as a force for real, practical innovations in our industry.

“I join an impressive team of leading minds in finance, and look forward to helping shape the direction of this organisation”.

-ENDS-

Notes for Editors

Contact:

Anita Karppi, Executive Team

anita.karppi@platopartnership.com

+44 203 411 3996

About Plato Partnership Limited

Plato Partnership Limited (“Plato Partnership”), a not-for-profit company representing the buy- and sell-side, has come together with a vision of bringing creative solutions and efficiencies to today’s equity marketplace. The group’s key aims are to reduce trading costs, simplify market structure, and to act as a champion for end investors.

Central to this vision is Plato Partnership’s Market Innovator (MI3); a research fund which will sponsor academic research and analysis that will identify ever better ways of executing trades, as well as lowering the cost and improving the quality of the broad range of processes required to support the execution lifecycle.

Plato Partnership is working with industry partners to achieve greater transparency and efficiency across the marketplace, and put its research findings into practice.

Members of Plato Partnership include:

Allianz Global Investors, Axa Investment Managers, Baillie Gifford, BlackRock, Capital International, DWS Group, Fidelity International,  Liontrust, Legal & General Investment Management, Janus Henderson, Invesco, Norges Bank Investment Management, Schroders Investment Management, T. Rowe Price, Union Investment, Barclays, BofA Securities, Citi, Credit Suisse, Exane BNP Paribas, Goldman Sachs, Instinet, Jefferies, JP Morgan, Morgan Stanley, Societe Generale, RBC, Redburn, UBS.

For more information, please visit www.platopartnership.com or @PlatoMarkets.