Italian online wealth manager MoneyFarm has hired Michele Battelli as chief product officer to spearhead its product development in the UK savings and investment market.
In his new role, Battelli will help MoneyFarm roll out a new ISA proposition in the UK in 2016.
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The new ISA product aims to offer high quality investment returns, underpinned by low cost investments such as exchange traded funds.
Battelli joined MoneyFarm from Google in California, where he worked as a senior technical program manager.
Battelli’s hire follows the appointment former CTO of Last.fm, David Jeffrey, as new chief technology officer at MoneyFarm.
Battelli and Jeffrey will work together to develop ‘mobile first’ approach for investors.
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By GlobalDataMoneyFarm chairman and co-founder Paolo Galvani said: "Michele’s experience in implementing and overseeing major ground-breaking programmes at one of the world’s leading tech companies, means he has exactly the right kind of expertise and passion to help us deliver the kinds of innovative, high quality products that investors are searching for."
Battelli said "I look forward to help build on its success and deliver innovative technologies that will allow MoneyFarm to address people’s needs for high quality products.
"Our goal at MoneyFarm is to lead greater product innovation in the marketplace to give investors greater flexibility, greater transparency and greater control in their portfolios."
