We’re pleased to announce the appointment of Peter K. Lenardos as Chief Financial Officer, effective 20th July 2020. Peter has been engaged as a financial consultant to OSTC since February of this year and replaces Kenny Su, who had filled the role as CFO on an interim basis from October 2018.
Peter previously was Chief Financial Officer, and then Chief Executive Officer, of Cinnober Financial Technology AB, where he oversaw the strategic turnaround and subsequent sale of the publicly listed Swedish fintech company to Nasdaq, Inc. for $220 million. Before his c-suite experience, Peter spent most of his career in investment banking in both the US and UK, covering M&A advisory, capital raising, equity research, and corporate broking. Most recently Peter served as Managing Director, global market infrastructure companies and Pan-European diversified financials, at Royal Bank of Canada’s London office from 2011 to 2018.
Peter earned a bachelor’s degree in accounting from the University of Notre Dame and an MBA in finance from Northwestern University’s Kellogg School of Management. He is an alumni of Harvard Business School’s Advanced Management Programme.
In his role as CFO, Peter’s strategic priorities will be to transform the finance function into a source of competitive advantage, enabling strategic growth through raising capital and M&A, as well as establishing a world-class investor relations capability.
Lee Hodgkinson, CEO, commented on the appointment:
“Peter brings with him an extensive background in corporate finance, a track record in shareholder value creation, and a wide range of global and strategic capital markets experience. His leadership, financial and business acumen will prove instrumental as we deliver on our strategic growth ambitions.”
“In addition to his role as CFO, Peter will serve as a LGBT Champion within OSTC, and will work with Faizah Tahir, Diversity, Inclusion & Wellbeing Manager, as we focus on broadening our diversity and inclusion efforts on a global basis.”
“I would like to thank Kenny Su for his contribution to the firm in his role as interim CFO and wish him well in his future endeavours.”
Peter Lenardos, commented on the opportunity:
“I am honoured to be appointed the Chief Financial Officer of OSTC as it focuses on growing its global derivatives trading business, and it intensifies its strategic pivot towards learning and development Educational Technology solutions, which will support the expansion and optimisation of OSTC’s markets business. Additionally, I am proud to assume additional responsibilities as LGBT champion within the organisation and look forward to continuing OSTC’s work to further LGBT diversity and inclusion.”