The new COO has also served in senior roles at Deutsche Bank, Lehman Brothers and Barclays.

A former senior BNY Mellon manager has joined UK-based fintech house Delio as chief operating officer.

With more than 20 years’ experience in financial services roles, Paul Burleton previoiusly worked as head of regulatory strategy, global operations and technology at BNY Mellon. Burleton has also held senior operations positions at Deutsche Bank, Lehman Brothers and Barclays, where he was global head of equity and prime services operations. Prior to joining BNY Mellon, he spent six years in technology consulting where he led on various regulatory initiatives and built strategic partnerships with RegTech solution providers.

Delio has been recruiting for a new COO since Gareth Morgan left this role after finalising the company’s growth investment from Octopus Ventures. Morgan is still a member of its advisory board and has moved to Hedgehog as its head of finance and risk. (Hedgehog enables eligible investors to tap real assets for lower levels than previously via tokenization.)

Delio operates across Europe, North America, Asia and Australia. Its technology helps financial institutions – including wealth managers – to connect their clients with private investment opportunities. It serves over 90 financial institutions. More than $26 billions' worth of investment opportunities are currently shared across Delio-powered platforms.