DriveWealth Names Naureen Hassan Chief Executive Officer
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NEW YORK — DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, has announced the appointment of Naureen Hassan as Global Chief Executive Officer (CEO). Hassan succeeds Michael Blaugrund, who is stepping down as CEO to accept a newly created position at ICE (Intercontinental Exchange).
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Hassan joins DriveWealth with decades of deep expertise in digital and product innovation, operational excellence and regulatory management across global banking and wealth management. She will guide the company's operations, lead its continued growth and expansion across markets, and help fulfill DriveWealth's mission of democratizing investing around the world.
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'Michael has overseen a period of significant growth, expansion into new markets and profitability over the last two years as CEO and we thank him for everything that he has accomplished,' said Robert Cortright, DriveWealth Founder and Executive Chairman. 'Naureen has a proven track record as an industry innovator and disruptor and is the perfect person to lead DriveWealth through our continued evolution and next phase of growth. She joins us during a period of accelerating growth, and we look forward to all that is to come under her visionary leadership.'
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Prior to DriveWealth, Hassan served as President of UBS Americas, where she led a $14B revenue division with more than 25,000 employees, while also spearheading UBS's integration of Credit Suisse in the Americas—the first-ever acquisition between two globally systemically important financial institutions. She also worked at the Federal Reserve Bank of New York, where she drove innovations across payment operations, technology, human resources, risk management, and finance.
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Before joining the Fed, Hassan served as Chief Digital Officer of Morgan Stanley's Wealth Management business and drove strategy and platform innovation for Charles Schwab's Investor Services division. She began her career at McKinsey & Company.
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'DriveWealth is truly changing how and where people invest and providing unique value and capabilities to partners across the globe,' Hassan said. 'I am honored to step into this role, to continue building on the great work Robert and Michael have done, and to help guide the company's continued growth and success. DriveWealth has grown by opening doors to new opportunities for investors in new markets and we will continue to work toward realizing the company's potential as the market's most trusted embedded investing technology partner.'
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A leading provider of Brokerage-as-a-Service and other critical investment infrastructure, DriveWealth operates in markets across five continents, including the U.S., the EU/UK, South Korea, Australia and New Zealand, and Brazil. The company supports an average of over 2 million trades per day for its B2B partners around the world, facilitating 24-hour trading, fractional share execution and multi-asset class support for millions of individual global investors.
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DriveWealth was recently named to CNBC's 'World's Top Fintech Companies 2025' list and recognized on the 2025 Inc. 5000 list of America's fastest-growing private companies for the second year in a row.
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About DriveWealth:
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DriveWealth is a global B2B financial technology platform. Our core business is providing Brokerage-as-a-Service, powering the investing and trading experiences for digital wallets, broker dealers, asset managers, and consumer brands. DriveWealth's APIs provide our partners with a modern, extensible and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques like rounding up purchases into fractional share ownership. For more information, visit www.drivewealth.com.
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