Titanbay, the European private markets investment platform for private banks, wealth managers and investment advisors, has announced the appointment of Ossama Soliman as chief executive officer.

Soliman was most recently Titanbay’s chief operating officer, a role he has held since June 2023 when he joined Titanbay and assumed ownership of Technology, Product, Data & Analytics, Operations, and end-to-end company operating across the business.

He has two decades of experience in technology and financial services, building global financial B2B products from the ground up and scaling them to multibillion-dollar businesses, serving millions of customers globally as a General Manager at Amazon, a product leader at American Express and, most recently as the chief product officer of two fintech unicorn startups in London, TrueLayer and Zilch, where he successfully scaled both into international financial services businesses.

He will be taking over Titanbay’s leadership from Thomas Eskebaek, the firm’s co-founder and outgoing CEO, who is stepping back from day-to-day leadership to join Titanbay’s board of directors. Thomas has overseen the business since its inception in 2019, through a period of incredible growth, as seen most recently in 2023 when Titanbay grew B2B Assets Under Management (AUM) 8.2 times, serving wealth management firms in 13 countries.

Ossama will continue to be supported by the existing leadership team, consisting of an exceptional group of private equity, asset management and technology veterans with experience from EQT, Goldman Sachs, Adams Street, Barings, abrdn, HSBC and Google, among others. He will continue to drive the company’s growth as it opens up private markets through fostering customer obsession, scaling up customer acquisition, and continued geographic and product offering expansion.

As Titanbay’s CEO, Ossama will have oversight of a team of professionals in Titanbay’s offices in London, Dublin, and Luxembourg, as well as maintain existing relationships with Titanbay’s partners at Mercer, abrdn, FNZ, and Motive Partners.

Soliman said: "Titanbay is a rocketship of a business with great people, forward-thinking customers, and a stellar set of strategic partners. It is an honour to have the opportunity to lead the business into the next phase of explosive growth. We are obsessed with building world-class investment and tech products to bring private markets to wealth managers, private banks, and their clients. I’m very excited about the journey ahead.

“I speak for the wider Titanbay team in thanking Thomas for his commitment and contributions to Titanbay; we would not be where we are today without him. His leadership has set a very strong foundation for our future success, and we rely on his continued support as a board member."

Jussi Nyrola, Non-Executive chairman, said: “I want to thank Thomas for his valuable contributions to Titanbay over the past four years and look forward to continuing to work with him on the Board of Directors.

“During his tenure, we made significant strides in opening up private markets and making them accessible to a broader customer base. Thomas’ leadership has been crucial in strengthening our foundation and positioning the company for the next growth phase.

“With Ossama’s leadership, technology know-how, extensive experience in scaling ventures, and comprehensive understanding of the B2B industry, we are poised to advance Titanbay’s strategy and continued growth.”

Thomas Eskebaek, co-founder and former CEO of Titanbay, added:“I am hugely proud to have shaped Titanbay into the business it is today, but now is the right time for me to step back and hand over the reins to fresh leadership as the business continues to grow and scale. Having worked closely with Ossama over the last nine months, I am confident that he will deliver Titanbay’s strategic vision, and I am excited to join the Board as the firm continues to evolve.”