October 23, 2023

Industry Veteran Kevin Wolf Joins American Financial Exchange as Chief Financial Officer

CHICAGO, IL, October 23, 2023 – The American Financial Exchange (AFX), a self-regulated exchange that provides banks and financial institutions a marketplace for overnight unsecured interbank lending and borrowing, today announced that Kevin Wolf, an industry veteran with over 20 years of capital markets experience, has joined the company as its new Chief Financial Officer (CFO). With his extensive background driving growth and profitability for various companies, Wolf brings a wealth of expertise to the AFX team.

Prior to joining AFX, Mr. Wolf held several key positions at Euronext, Bank of America, and Lehman Brothers. Notably, he served as CEO of Euronext FX (formerly known as FastMatch) where he played an instrumental role in shaping the company’s success. Additionally, Mr. Wolf was Chief Business and Product Development Officer at Eris Exchange where he spearheaded corporate strategy initiatives while overseeing finance, sales, marketing and capital raising.

“We are thrilled to welcome Kevin to our team,” said John Shay, the CEO of AFX. “His exceptional track record speaks volumes about his ability to help transform businesses. We look forward to his contributions as we strive to provide our clients with an easy and safe way to source liquidity at market rates.”

Commenting on joining the AFX team, Mr. Wolf said: “I’m excited about this opportunity to help AFX transform how regional banks approach borrowing and lending and in turn manage their risk and profitability.”

Kevin Wolf’s appointment comes at a time when the AFX Marketplace is experiencing record transaction volumes and with Mr. Wolf on board, AFX is well positioned to capitalize on this momentum.

About American Financial Exchange

The American Financial Exchange (AFX) is a self-regulated electronic exchange providing over 250 banks and financial institutions a marketplace for overnight unsecured interbank lending and borrowing. The transactions on AFX power AMERIBOR®, a credit-sensitive benchmark interest rate that is the true reflection of the lending and borrowing costs for Main Street banks that represent approximately 25% of the U.S. banking sector’s total assets. For more information visit www.theafex.com.

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Michael Kingsley

Forefront Communications