Broadridge recruits a former JP Morgan FinTech lead to head up corporate strategy 

Michael Tae, who has served in the role since 2017, will take on a new position as chief transformation officer for the Investor Communication Solutions business.

By Joe Parsons

Broadridge has appointed the former leader of JP Morgan’s Corporate and Investment Bank (CIB) FinTech team as head of corporate strategy.  

Germán Soto Sanchez has joined Broadridge where he will be responsible for developing, evolving and communicating Broadridge’s strategy, partnerships and other growth-related activities. 

Michael Tae, who has served in the role since 2017, will take on a new position as chief transformation officer for its Investor Communication Solutions business. 

Germán’s experience as a FinTech executive, strategist and innovator make him a valuable addition to our leadership team as we continue to strategically shape and define Broadridge’s future state,” said Tim GokeyCEO, Broadridge. We’re delighted to welcome Germán to Broadridge and are confident that he will contribute focus, leadership and discipline to support our ongoing investments in our long-term growth strategy. 

Most recently, Soto Sanchez served as president and a member of the board of directors for Cloud9 Technologies, a cloud-based communications and analytics platform for the voice-trading industry. 

Prior to Cloud9, he served as executive director and leader of JP Morgan’s CIB FinTech team, where he was a key figure in setting the bank’s FinTech agenda. Soto Sanchez was also responsible for sourcing, structuring, executing and monitoring strategic investments as part of its Strategic Investments team.   

“It’s especially exciting to join Broadridge right now as the company is at a key growth point. The global financial industry is increasingly embracing innovation and technology and Broadridge is uniquely positioned to partner with firms to help accelerate their business transformations and create value,” said Soto Sanchez. 

Earlier this month, Broadridge hired David Ingleson, a 16-year veteran of BNY Mellon and its former head of Asia-Pacific (APAC) for the Eagle investment Services division, as its new chief operating officer for APAC.