John Barker Leaves ITI Capital Board
Finance Magnates learned on Monday that John Barker has stepped down from his role as non-executive director at ITI Capital.
Barker’s departure from the firm was revealed via documents posted on ITI’s Companies House page.
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The outgoing non-executive director had been with the firm since mid-2017, having taken up the position alongside several other similar other roles at a number of technology companies.
Barker spent the bulk of his working career at trading companies. Most notably, he spent more than ten years at investment network Liquidnet.
In the past few years, the outgoing ITI chairman has made a huge pivot and started working with – and investing in – video game companies.
Going east…or not
ITI has also been undergoing some major changes in the past couple of years.
After acquiring Walbrook Capital Markets in 2017, the firm had planned on setting up a prime brokerage offering and expanding heavily in the former Soviet Union.
But, as Finance Magnates reported in April, those latter efforts were complicated by US and European sanctions on Russia.
Max Hayden, the former head of Merrill Lynch’s prime brokerage division, was also brought in to grow the business when the Walbrook acquisition was nearing completion but he left the firm earlier this year.
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