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Flow Traders Designates Thomas Spitz as New CEO

Flow Traders' leader, Mike Kuehnel, has had his tenure extended to 31st August, a position he has held for the past four years.

Appointment of Thomas Spitz as Chief Executive Officer by Flow Traders Announced
Appointment of Thomas Spitz as Chief Executive Officer by Flow Traders Announced

Flow Traders Designates Thomas Spitz as New CEO

Thomas Spitz to Join Flow Traders as CEO, Bringing Decades of Financial Market Experience

Thomas Spitz, a seasoned executive with over two decades of experience in the financial markets, is set to join Flow Traders Ltd. as the new Chief Executive Officer and Executive Director. The appointment, subject to regulatory and shareholder approval, is scheduled to take effect on September 1, 2025.

In a recent announcement, the Board of Flow Traders nominated Spitz for election as an Executive Director at a Special General Meeting of shareholders. The Board expressed their pleasure at Spitz's joining, citing his extensive experience leading trading, sales, and research organizations at global financial institutions.

Spitz's most recent role was as the CEO of QuantCube Middle East, a technology firm specializing in alternative data and analytics. Before that, he served as Head of Global Markets at First Abu Dhabi Bank from 2022 to 2024, where he introduced carbon markets solutions in the Middle East. Prior to First Abu Dhabi Bank, Spitz spent more than 20 years at Crédit Agricole, holding several leadership roles across all asset classes, ultimately becoming Head of Global Markets Trading, FICC & Equity Derivatives.

Rudolf Ferscha, Chairman of Flow Traders' Board, expressed his gratitude to Mike Kuehnel for his leadership at Flow Traders over the past four years. To ensure a seamless transition, Kuehnel's term has been extended to August 31, 2022, during which he will assist the Board.

Thomas Spitz expressed his eagerness to meet the Flow Traders team and expand market leadership, driving strategic growth, and providing exceptional value to stakeholders. He is confident in executing Flow Traders' strategic agenda, including the Company's growth and diversification strategy and Trading Capital Expansion Plan.

Spitz sees tremendous opportunities given Flow Traders' capabilities built over two decades. He is honoured and excited to be nominated as the next CEO of Flow Traders.

[1] Credit Agricole [2] First Abu Dhabi Bank

  1. As a seasoned executive with extensive experience leading trading, sales, and research organizations at global financial institutions like Credit Agricole and First Abu Dhabi Bank, Thomas Spitz is eager to leverage his financial market expertise to drive strategic growth at Flow Traders.
  2. In his most recent role at QuantCube Middle East, a technology firm specializing in alternative data and analytics, Thomas Spitz demonstrated a keen understanding of technology and its role in finance, a skillset he aims to bring to his position as CEO of Flow Traders.

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