People Moves
FNZ Names New CEO for Europe

The new CEO, who has rejoined the firm after having served as managing director of Europe from 2014 to 2017, brings expertise from the global finance and technology industry.
FNZ, a London-headquartered global wealth management platform, has appointed Enrique Sacau (pictured) as the new chief executive officer for Europe, starting in July.
The appointment will strengthen FNZ’s team and underscore its growing presence in the European market where the it sees demand for its end-to-end wealth management platform, which integrates modern technology with business and investment operations.
Sacau has rejoined FNZ after having led the firm’s business development efforts in Europe as managing director of Europe from 2014 to 2017, the firm said in a statement. He has since served in executive roles at Equiniti as CEO of their digital division, and as CEO at Kneip, where he led a transformation programme culminating in the firm’s acquisition by Deutsche Börse Group AG.
At FNZ, Sacau will be responsible for client relationships, new client acquisition, and strategic expansion to meet growing client demand and the firm's aim to open up wealth management opportunities in the region.
“FNZ is a business with an important purpose to open up wealth and help everyone, everywhere invest in their future, on their terms,” Sacau said.
The firm recently completed the acquisition of ifsam, International Fund Services & Asset Management, a business-to-business fund platform based in Luxembourg, which aims to enhance its capabilities in the wealth management sector. See more commentary here.
FNZ, which administers €1.4 trillion ($1.5 trillion) in assets on behalf of 650 financial institutions globally, has more than 20 offices across continental Europe. Its customers include AXA, Allianz, Generali, OLB Bank, Swedbank and UBS.