Contineo announces new CEO

Joins from DBS Private Bank

Contineo, Asia's largest messaging network and data provider for structured financial products, has announced that Antoine de Charnace has been appointed as CEO. He joins Contineo from DBS Private Bank and brings significant financial services experience and a deep knowledge of both structured products and private banking. de Charnace says that Contineo has brought extremely positive changes to the structured products market since its launch three years ago. "Contineo has been a leader in bringing automation and transparency to this important market," he notes. "I see huge potential to grow and expand these benefits and I am excited about the opportunities." de Charnace replaces Mark Munoz who, after three years of leading Contineo from an early stage start-up to a successful revenue generating network business, has stepped down to focus on other business opportunities. Munoz will remain with Contineo during the transition.

David Wood, Contineo board member and Societe Generale managing director, says that Munoz had been instrumental in the launch and successful delivery of Contineo, taking the initial idea for an industry standard structured products network and building it into a fast-growing, successful business. "On behalf of all board members, I would like to thank Munoz for the vision, leadership and creativity that he brought to the company, and wish him every success in his future ventures," he adds. "Under Munoz's guidance Contineo has grown significantly, doubling the number of subscribers in the past year alone. Alongside the recently established partnership with a new investor, he has built a solid foundation."