Samuel Howe, Zodia Custody’s chief operating officer, has left the London-based company for a position in traditional finance (TradFi), the company said.
Howe had been employed as COO for the past 3 months according to his LinkedIn profile. Prior to this he was head of operations at the crypto custodian.
“Sam has left the company to go back to traditional finance, this shows the oscillation of roles and skills between crypto and TradFi,” CEO Julian Sawyer said in an email. “He is replaced by Sam Hill who has worked with us for the last 18 months.”
Howe didn’t respond to a request for comment by publication time.
Before joining Zodia Custody, Howe was head of crypto operations at hedge fund GSA Capital, and was previously employed as head of capital markets operations at asset manager CoinShares (CS).
He worked for banking giant HSBC and Kleinwort Hambros before joining the crypto industry.
Howe co-founded a private crypto hedge fund in 2020 that he has advises on an ongoing basis.
Zodia Custody is backed by Standard Chartered Bank (STAN), SBI Group, Northern Trust and National Australia Bank (NAB).