Demica has made a spate of new hires, including a new chief operating office (Jen Collet) and two new origination directors (Giovanni Lazzeri as director, origination and Karel Krejci as director, supply chain finance origination).

As the new COO, Collet will play a pivotal part in Demica’s expansion, says a statement issued by the company. “She will also lead the operational aspects of the business, ensuring optimum client service, building new, value-added transaction services and managing key partnerships with financial institutions,” continues the statement.

She has nearly 20 years of fintech experience in the US and Europe. She joins Demica from OpenFin, where she was COO. Her previous experience includes time spent at ICAP Post Trade Risk and Information Services and ICELink.

Lazzeri will have responsibility for originating multi-jurisdictional securitisation and supply chain finance programmes for Italian and multinational corporates and financial institutions. He will be located in Italy and London. He has 22 years of structured finance and working capital experience, and joins Demica from Société Générale, where he spent 12 years covering a variety of securitisation roles across Europe, most recently taking responsibility for origination, structuring and execution of high-profile domestic and pan-European corporate securitisation transactions with a focus on Italy.

Krejci will focus on originating supply chain finance programmes across Europe, building on Demica’s recent investment in its technology platform to support non-investment grade clients and their large number of smaller, cross-border suppliers. He has more than five years of experience in supply chain finance and the procure-to-pay application software space, representing tech start-ups to Fortune 500 companies. He joins from PrimeRevenue.

CEO Matt Wreford comments on the hires: “These latest appointments are in response to the growing demand from large multinationals for an independent working capital platform supported by global banks and major institutional investors. These highly-experienced financial services professionals will enable Demica to extend our best-in-class origination, structuring and transaction management services to match the investment we are making in our highly-advanced and well-regarded technology platform.”