Huddlestock names finance chief after CEO change tied to Gigabroker delivery

Investment-infrastructure provider Huddlestock has appointed Christian Engen as chief financial officer from 1 December. The 3 November announcement adds a new finance leader to the executive team as the company prepares for commercial expansion.[1]

The appointment follows an immediate change at the top. On 30 October, the board replaced chief executive Leif Arnold Thomas with interim CEO Ramtin Matin. It explicitly connected that decision to improving delivery ahead of Gigabroker’s planned late-November launch.[2]

Matin had already led the platform’s operational and technical development as chief operating officer and chief technology officer, roles he took this summer after more than four years on the board. His promotion therefore puts an executive already responsible for delivery in charge of the wider group.[2]

The finance handover follows the launch target

Engen is currently chief operating officer at River Security, where he also leads finance. Huddlestock highlights his work on reporting and management processes across Norway and Sweden. The appointment follows Sabine Merky’s departure as CFO; the company says she remained in the role until 30 September.[1]

The dates put Engen’s arrival after the targeted public rollout, assuming that timetable holds. The announcement does not describe interim finance arrangements, so the interval between the two named CFOs cannot establish that the function was left uncovered.[1][3]

Huddlestock and Gigabroker’s 27 October update targets a simultaneous iOS, Android and web opening. It describes the core platform as complete, with remaining stability and load tests. These are delivery targets and preparation steps, rather than confirmation that public access has begun.[3]

The commercial test follows the technical one. Huddlestock says its partnership revenue depends on trading activity. Opening the platform can enable that revenue, but does not itself show how many customers will trade or how much business they will generate.[3]

Matin’s remit also includes the Visigon consulting business and closer coordination across the group. Huddlestock has retained its 19 November quarterly-report date, putting the next scheduled financial update under interim leadership.[2]

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