Activ Financial In Search to Replace Departing EMEA Head Hann

Activ Financial says it’s exploring every avenue to recruit a replacement for departing European managing director David Hann. The high-performance market data delivery specialist confirms that Hann has resigned to take a position with an undisclosed broker/dealer based in Dubai, and will be relocating there.

News broke that the industry veteran was leaving the US-based company yesterday. The opportunity to relocate to Dubai appears to have been a primary driver in Hann's decision to leave.

According to Activ global marketing and alliance manager Paul Johansen, “David is leaving a strong team in London and we are looking to build on that.” Since joining Activ from Interactive Data back in April 2009, Hann has recruited a local sales team in the London marketplace – including well known figures like Dane Thacker – as the company seeks to build its position there.