Portofino Technologies General Counsel Celyn Armstrong Resigns Amid Executive Departures

Celyn Armstrong has left Portofino Technologies, following the departure of CFO Mark Blackborough. Armstrong played a key role in establishing the firm's regulatory compliance framework and obtaining essential licenses.

  • Armstrong worked at Portofino for three years and previously held positions at Dentons, Linklaters, and the U.K. Financial Conduct Authority (FCA).
  • Dilan Bastin replaces Armstrong as head of compliance.
  • Cristian Dinu, a quantitative developer, also recently joined rival Optiver.
  • Portofino is exploring new offices in New York and Singapore.
  • The firm raised $50 million in equity funding in late 2022.

Portofino was founded in 2021 by former Citadel Securities leaders Leonard Lancia and Alex Casimo.