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Generic business image for news article Image: Tonic

17 March 2023
UK
Reporter Carmella Haswell

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Tonic appoints Churchill as global head of delivery

Capital markets consultancy firm Tonic has appointed Charles Churchill as global head of delivery as the firm expands its services.

With more than 15 years of experience in consultancy and leadership roles, Churchill will be responsible for delivery governance across Tonic’s expanding client base, which includes custodians, dealer banks and digital firms.

Churchill will have a global remit covering Tonic’s clients in the UK, Europe, the Americas and Asia-Pacific. In the role, he will be responsible for key client relationship management and team development.

He is expected to play a crucial role in Tonic’s ongoing expansion and strengthen the firm’s capabilities in delivering successful capital markets projects for its clients, according to Tonic.

Prior to joining Tonic, Churchill was the auction manager for the Capital Release Unit at Credit Suisse AG and the firm’s senior programme manager on entity optimisation and simplification initiatives.

He previously held change and transformation programme leadership roles at Deutsche Bank AG for the IBOR Transition, Brexit, MiFIR and MiFID II. Churchill began his career in the industry at technology firm IBM.

Commenting on the appointment, Tonic CEO and co-founder Chris Watts says: “This is an important leadership appointment for Tonic. Charlie has an awesome combination of deep consultancy and industry experience.

“He has led a variety of high-profile, strategic transformation programmes across many firms, which aligns nicely with Tonic’s service model.

“Charlie will use all of that experience to further enhance our delivery capabilities, while continuing to accelerate their transformation objectives via our partnership model.

“Both us and our clients look forward to Charlie becoming a critical part of the Tonic team, further accelerating our company growth. As a bonus, Charlie also has a splendid spectacle and waistcoat collection that we will enjoy him sharing with us in coming months.”

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