FNZ appoints David Hopkins as CEO, U.S. Clearing and Custody, as the company expands its custody, clearing and settlement offering.
David Hopkins brings outstanding business strategy expertise that will support FNZ’s growth ambitions and its mission to open up wealth.
The appointment further strengthens FNZ’s leadership team and demonstrates FNZ’s commitment to delivering market leading solutions to its customers.
Boston, 11 May 2023: FNZ, the global wealth management platform, has appointed David Hopkins as Chief Executive Officer, U.S. Clearing and Custody, to further strengthen its strategy, offering and growth ambitions.
In his new role, David will design and implement FNZ’s strategy in custody, clearing and settlement while providing oversight and guidance of business activities. He will ensure FNZ continues to build the structure, talent and capabilities needed as it accelerates its U.S. presence.
David brings an impressive track record to FNZ, developed throughout a career in senior leadership roles in major financial services organizations. With extensive expertise in leading and overseeing the operations of custody, clearing, and settlement businesses, he has in-depth knowledge of regulatory compliance for broker-dealers, including FINRA, the SEC, and other relevant regulatory bodies.
Prior to joining FNZ, David spent 11 years at BNY Mellon / Pershing serving as Chief Financial Officer and Head of Institutional Solutions. Before that he held various roles at Wells Fargo Advisors and its predecessor Wachovia Securities, including Chief Financial Officer and Chief Operating Officer of the Financial Services Group. At GE Capital in Poland, he held the position of Chief Financial Officer. David started his career in auditing at Price Waterhouse and Ernst & Whinney.
Under David’s leadership the team will focus on business excellence and expansion, while also supporting FNZ’s mission to open up wealth.
David Hopkins, CEO, U.S. Clearing and Custody, said: “I am excited to join FNZ, which is a fast-growing company with a strong reputation. The clearing and custody landscape in the U.S. is ripe for innovative solutions from new entrants, so my focus will be to further expand FNZ’s offering and provide customers with unparalleled solutions. I am truly looking forward to being part of FNZ’s market leading team.”
Tom Chard, FNZ CEO, North America, added: "I am delighted to welcome David to FNZ. He is a high-impact leader with a tremendous depth of business experience and financial market knowledge."