Formidium, a specialist in fund administration and technology, has appointed John Manley as its new Chief Marketing Officer as part of a wider initiative to grow its presence in the hedge fund sector.

With over a decade and a half of marketing leadership, Manley specialises in data-driven go-to-market strategies and customer segmentation.

In his new role, Manley will oversee Formidium's global marketing initiatives from the firm's Chicago Headquarters, focusing on key markets in fund administration for the private investment funds and fintech solutions, including new initiatives in AI and Blockchain.