Posted by Amid the rapidly evolving landscape of financial technology (FinTech), leaders with a diverse skill set and a proven track record are essential for driving innovation and navigating complex challenges. One such leader making a significant impact in the FinTech space is Amir Tabch, the Chief Executive Officer of Liminal Custody Solutions for the Middle East, and the former Chief Executive Officer of Cooper Securities. With an extensive background in global financial institutions and a trailblazing career, Tabch’s contributions to the industry have been transformative, showcasing his leadership prowess and strategic vision.
A Distinguished Career Path:
Amir Tabch’s journey in the financial sector spans several years, marked by leadership roles in esteemed institutions. His experience includes key positions such as the Global Markets Director and Head of Global Multi-Asset Class Trading and Brokerage Relationships at Emirates Investment Bank (EIBank) in Dubai, as well as the Head of Trading and Advisory for the Global Wealth and Asset Management Department at the National Bank of Abu Dhabi (now First Abu Dhabi Bank).
Tabch’s leadership at EIBank was characterized by notable achievements, such as revolutionizing the trading system from manual to fully automated. This transformation not only significantly reduced operational risks but also cut costs by an impressive 40 percent. His strategic prowess was further evident when, on his first day at EIBank, he successfully slashed execution and custody fees by an average of 50 percent, later reaching up to 80 percent for various asset classes and markets.
Trailblazing Initiatives:
Tabch’s reputation as a trailblazer is substantiated by a series of groundbreaking initiatives that have left an indelible mark on the institutions he has served. Notably, he spearheaded the launch of the first asset management platform for the National Bank of Abu Dhabi, which remains in operation years later due to its enduring effectiveness. His foresight and market acumen also led to the inception of the first-ever investment advisory product for NBAD, which continues to be a core business for the bank.
At EIBank, Tabch’s strategic vision resulted in the creation of the bank’s first trading system, shifting from manual to automated processes. This not only expedited trade execution from hours to seconds but also contributed to a substantial reduction in costs, showcasing Tabch’s ability to introduce efficiencies and mitigate risks.
Legacy In FinTech:
Tabch continues to exemplify strong leadership in the dynamic world of FinTech. His role reflects the demanding nature of his responsibilities, especially during challenging times for startups with simpler operations. Serving as a wartime CEO, Tabch adeptly handles crises while simultaneously fostering growth in business.
Amir Tabch’s legacy in the FinTech industry transcends the confines of a single company, reflecting a profound and lasting impact that resonates throughout the sector. As a visionary leader, Tabch’s trailblazing initiatives have not only transformed the companies he has led, but have set new benchmarks for innovation and excellence across the entire FinTech landscape. His pioneering efforts in introducing tokenized securities, revolutionizing trading accessibility, and embracing emerging technologies like blockchain have catalyzed a paradigm shift in how financial transactions are conducted. Tabch’s commitment to user-friendly platforms, real-time data accessibility, and a diverse range of financial products underscores his dedication to making the FinTech space more inclusive and responsive to the evolving needs of investors worldwide. With a legacy that extends beyond individual accomplishments, Tabch stands as a beacon of inspiration, driving the FinTech industry towards unprecedented heights of innovation and accessibility.
Impact on Financial Markets:
Amir Tabch’s contributions extend beyond his knowledge of FinTech and financial markets. His top-level management expertise in private banking and investment management, dealing with sensitive and confidential matters, speaks to his ability to navigate complex organizational structures and plans. Tabch’s experience includes overseeing compensation schemes, economic flows between offices and managers, fund positions, and investor identities, showcasing a comprehensive understanding of the intricacies within the financial sector.
Amir Tabch’s journey in the financial industry is a testament to his ability to drive innovation, create efficiencies, and lead with resilience. His transformative initiatives at National Bank of Abu Dhabi and Emirates Investment Bank laid the groundwork for his current role. As a leader of leaders, Tabch’s impact extends beyond traditional financial institutions, shaping the landscape of FinTech and digital assets. Through strategic vision, trailblazing initiatives, and a commitment to global thought leadership, Amir Tabch continues to leave an indelible mark on the FinTech space, driving the industry forward with his exceptional leadership skills and unwavering dedication to excellence.