FQX Announces the Appointment of Strategic Counsels

Published 

Zurich, Switzerland – Zurich-based FQX is pleased to welcome two new advisors to its firm Whitman Knapp and John Taylor.

Whit Knapp, Chairman of GTBInsights LLC, a global transaction banking advisory firm, and veteran of the transaction banking world, will bring years of hands-on experience to embed FQX AG’s innovative electronic promissory notes in real world transactions.

Previously, Whit spent twenty-five years working for a leading international bank, the Bank of Boston, holding senior management positions in London, Luxembourg and Paris, and being responsible for the bank’s B2B business line in the EMEA region. Subsequently, he created a market leading research firm for the transaction banking businesses of the leading US, European and Asian banks. Throughout this time, he has been an active member of BAFT (The Bankers’ Association for Finance and Trade) where he is a past Director, and currently serves on the Membership Committee, the North American Council, the Supply Chain Finance Committee and the Innovation Council. For the past five years, he has devoted a majority of his time to the development of the BAFT DLPC, the Distributed Ledger Payment Commitment.

John Taylor, a Professor of International Finance and Trade Law at the Centre for Commercial Law Studies, Queen Mary University of London, has exceptionally diverse international corporate and finance experience. He has practiced in leading law firms in Australia, the UK and the USA and held senior international management roles in law and finance in banks, a private equity firm and a global fund manager. At various times during his career, he has held increasingly responsible legal and banking positions in three international financial institutions (the Asian Development Bank, the World Bank and the European Bank for Reconstruction and Development, where he was a former General Counsel).

For several years, both Whit and John have been Honorary Members of the Bankers Association for Finance and Trade (BAFT) and active members of BAFT’s Councils and of the innovative Working Group that developed the BAFT Distributed Ledger Payment Commitment (DLPC). Whit & John will work to promote the outstanding work FQX is doing as the leading fintech in electronic negotiable instruments globally.

Whitman Knapp commented: “I am honored to join FQX AG a Strategic Counsel to help this award-winning team bring to market their innovative eNotes™ enabling clients to either originate or invest in trade assets, or both.”

John Taylor comments: “It is a real pleasure to become a Strategic Counsel at FQX AG and I look forward to deploying my legal and financing experience to promote the development of FQX’s relationships and innovative products.”

On the new partnership built between the Fintech, and the two new advisors, Frank Wendt, Executive Chairman of the Board said: “John and Whit are remarkable experts and professionals in the finance & capital market place. With their wealth of experience & expertise, as well as at BAFT, and the DLPC (Distributed Ledger Payment Commitment) Initiative, they will uniquely contribute to FQX’s eNote value proposition. We are delighted and privileged to welcome them on board and as an integral part of the FQX team.”

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