SWIAT has appointed Timo Reinschmidt as chief commercial officer and co-chief executive officer.
Reinschmidt brings 20 years of banking management experience to the German blockchain fintech, including his most recent position as managing director for Germany, Austria and Switzerland at Standard Chartered Bank.
He previously worked as managing director at RBS Global Banking and Markets and before that held roles at the Bank of America and KPMG.
Reinschmidt joins SWIAT as the firm finalises its joint venture with Dekabank, Landesbank Baden-Württemberg (LBBW), SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and financial software specialist Comyno.
Commenting on his appointment, Reinschmidt says: “I am convinced that SWIAT will quickly establish itself as an open and cooperative international transaction platform for blockchain-based financial services and I am looking forward to working with an extremely competent and motivated team.”
Henning Vollbehr, CEO of SWIAT, adds: “We are delighted that Timo Reinschmidt is joining the management team of our young company with immediate effect. Timo’s capital markets expertise, but more importantly his customer knowledge, will further strengthen the positive momentum we have in developing technological solutions.”
