Freight Investor Services Appoints George Dranganoudis as CEO

London, 26/11/2024 – Freight Investor Services (FIS), the leading freight and commodity brokerage, is pleased to announce the appointment of George Dranganoudis as Chief Executive Officer (CEO).

The decision follows an extensive and rigorous search process conducted by FIS to identify the best candidate to drive the company’s next phase of growth. John Banaszkiewicz will continue in his role as Chairman and carry on his work to develop and grow the company.

With over 30 years of experience in the financial services industry, George Dranganoudis brings a wealth of knowledge and expertise to his new role. Before joining FIS, he served as Deputy CEO – Energy & Commodities at TP ICAP.

John Banaszkiewicz, Founder of FIS and Chairman of the Board, commented:

“On behalf of the FIS board, we are delighted to welcome George to the company over the coming weeks. His vast experience and proven leadership in the financial services and commodity sectors make him uniquely qualified to guide FIS through the complexities of volatile freight and commodity markets. His great experience working in key global localities with a wide range of clients and staff will be an invaluable new asset for our international company. We are confident he will play a pivotal role in strengthening our market position and driving our ambitious growth agenda in current and new markets.”

George Dranganoudis, CEO of FIS, added:

“I am delighted to join FIS and grateful to John B, and the board, in entrusting me to lead the firm. I am excited to be joining an innovative firm, who prioritise client service and who values its brokers. I look forward to working with our talented staff across the globe, who will be key to our expansion into new products and markets.” 

George will closely work with John in a strategic capacity over the coming weeks before integrating fully as the company’s CEO to ensure a seamless transition.

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Contacts

For any query, please contact the FIS Communications Department.

Responsible: Davide Annarumma

Email address: davidea@freightinvestor.com

Phone number: +44 020 4518 6460

Disclaimer: The information provided in this communication is not intended for retail clients. It is general in nature only and does not constitute advice or an offer to sell, or the solicitation of an offer to purchase any swap or other financial instruments, nor constitute any recommendation on our part. The information has been prepared without considering your investment objectives, financial situation, or knowledge and experience. This material is not a research report and is not intended as such. FIS is not responsible for any trading decisions taken based on this communication. Trading swaps and over-the-counter derivatives, exchange-traded derivatives, and options involve substantial risk and are not suitable for all investors. You are advised to perform an independent investigation to determine whether a transaction is suitable for you. No part of this material may be copied or duplicated in any form by any means or redistributed without our prior written consent. Freight Investor Services Ltd (FIS) is authorised and regulated by the Financial Conduct Authority (FRN: 211452) and is a member of the National Futures Association (“NFA”). Freight Investor Services PTE Ltd (‘FIS PTE’) is a private limited company, incorporated and registered in Singapore with company number 200603922G, and has subsidiary offices in India and Shanghai. Freight Investor Solutions DMCC (‘FIS DMCC’) is a private limited company, incorporated and registered in Dubai with company number DMCC1225. Further information about FIS including the location of its offices can be found on our website at freightinvestorservices.com.

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