(7 October 2022 – United States) Alexandre Kech, director of blockchain and digital assets at Citi Ventures, is leaving the US bank to take a role at Six Digital Exchange.
Alexandre Kech's departure follows the exit of another key digital-assets employee from Citi. Six Digital Exchange is a Swiss digital asset exchange that offers trading, settlement and custody of crypto assets.
Over the past three decades Alex has constructed a unique career combining finance at BNY Mellon, securities infrastructure and standards at SWIFT, and blockchain and digital assets at Onchain Custodian. As co-founder and CEO of the Singapore-based company, Alex led the team that built from scratch a custody and prime brokerage service for crypto and other digital assets.
Kech will be following Citigroup's FX Head Itay Tuchman, whose departure was announced in August, with reports that he would be moving to a digital-asset firm. Tuchman was central to the bank's exploration of digital assets.
The two departures reflect a trend of banking executives moving into the world of crypto. In June, three JPMorgan execs departed to join crypto firms. The following month, Galaxy Digital appointed former Credit Suisse managing director Danielle Johnson to oversee sales and product strategy for institutional investors.
“I am passionate about innovation and the power of technology, and thrive when given the opportunity to lead a team of diverse individuals who share that passion” Kech said.