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Executive Moves of the Week

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IC Markets, StoneX, FundYourFX, and More: Executive Moves of the Week

by Investor News Today
December 15, 2024
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Executive Moves of the Week
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Though the variety of government strikes was not a lot this week, three corporations every welcomed a brand new CEO. The5ers Co-Founder turned the CEO of FundYourFX; Nicos Vassiliou was named the CEO of Colmex Professional; Philip Smith is now the Group Chief Govt Officer of StoneX, whereas IC Markets onboarded the brand new International Head of Threat.

The5ers Co-Founder Turns into CEO of FundYourFX

Proprietary buying and selling agency FundYourFX appointed Snir Ahiel, an skilled prop buying and selling government, as its new CEO. The agency is concurrently increasing past its on the spot funding mannequin to supply shoppers buying and selling challenges. This appointment adopted one other current C-level transfer within the business, with TradersYard saying Manuel Sonnleithner, former COO of AgenaTrader for greater than 5 years, as its new president.

Snir AhielBefore becoming a member of FundYourFX, he spent over six years with The5ers, one of many older and extra in style prop buying and selling corporations, the place he served as a Co-Founder and Chief Working Officer (COO). He “directed operations, technique, and neighborhood growth over six years, contributing to the agency’s robust popularity and success.”

Discover out extra about Snir Ahiel’s new function as FundYourFX’s CEO.

Nicos Vassiliou Turns into CEO of Colmex Professional

CySEC-licensed dealer Colmex Professional additionally welcomed a brand new CEO. The corporate appointed Nicos Vassiliou for the brand new function. He’s anticipated to leverage expertise gained from “each side of the fence,” having labored for the Cypriot market watchdog and a number of other domestically regulated FX/CFD brokers.

Previous to transferring to Colmex, he served as Head of Compliance at Finvasia Wealth for practically a yr. His earlier roles additionally embrace an identical place at StockTech and AML Director at FXVC On-line Buying and selling. His experience in compliance and laws stems from his tenure as CySEC Officer within the Market Surveillance and Investigation division from 2016 to 2020.

Spotlight extra concerning the appointment of Nicos Vassiliou because the CEO of prop buying and selling agency Colmex Professional.

IC Markets Appoints New International Head of Threat

Vasilis Sotiriou began a brand new function as International Head of Threat at IC Markets. Earlier than the brand new function, he labored at 26 Levels in Cyprus, the place his most up-to-date place was Chief Threat Officer for the EMEA area. Previous to that, he served as Head of Threat Administration at 26 Levels for 3 years.

Beforehand, Sotiriou labored at IC Markets, the place he held roles together with Group Threat Supervisor for about one yr and Senior Vendor for about two years. Earlier in his profession, he was Chief Threat Officer at a Cyprus funding agency for lower than a yr.

Present extra about IC Markets’ onboarding of Vasilis Sotiriou as the brand new International Head of Threat.

StoneX Names New CEO

StoneX Group additionally introduced vital management adjustments. Philip Smith is now the Group Chief Govt Officer, succeeding Sean O’Connor, who will transition to Govt Vice-Chairman after serving as CEO for 22 years.

Smith, who beforehand led the Industrial and Funds segments, will now oversee your entire firm. Charles Lyon, former head of the Institutional enterprise phase, has been named Group President. Each Smith and Lyon will report back to O’Connor, who will concentrate on long-term technique, capital allocation, and M&A exercise.

Disclose extra about StoneX’s appointment of Philip Smith as the brand new CEO.

This text was written by Jared Kirui at www.financemagnates.com.



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