Ex-BlackRock Executive Joins Jacobi Asset Management as CEO

Jacobi Asset Management, a digital asset investment management company, has appointed former BlackRock executive Martin Bednall as its new CEO, starting next month. In addition to his new role at Jacobi, Bednall will continue serving as a Managing Director at FinEx Capital Management, an integrated asset management business.

Jacobi Welcomes Martin Bednall as New CEO

Bednall brings years of expertise in portfolio management, capital markets, operations, and exchange-traded product development to his new role at Jacobi. Before working at FinEx for the past eight years, Bednall spent over thirteen years in various roles at BlackRock, including as the Co-Head iShares Product Team. By onboarding Bednall, Jacobi gains the experience and expertise of an ETF veteran to continue the firm's aspirations of being the premier digital asset provider in Europe. The firm is set to launch Europe's first bitcoin exchange-traded fund (ETF) next month, thanks to its decision to domicile in Guernsey instead of other European jurisdictions. Commenting on his latest endeavor, Martin Bednall wrote in a statement:

"I am absolutely delighted to join Jacobi at this very exciting and pivotal time in the digital asset market, and to build on the significant milestones already achieved by the founders. Having the first Bitcoin ETF in Europe gives Jacobi a fantastic base on which to build more products and distribution avenues to provide the market with the institutional grade, regulated digital asset products it needs."

https://twitter.com/JacobiAssetMgt/status/1552549588489338881 Launched in 2021, Jacobi Asset Management is a European ETF issuer that aims to cater to the institutional investment market. The firm brings together a diverse team of blockchain, investment, and regulatory experts deep-rooted in capital markets to combine the best of both distributed ledger technology and digital asset management.