Axi names new Regional Head for UK, EU, LATAM

This week delivered a fresh wave of senior management moves. Axi has named Andrea Rebusco Regional Head for the UK, EU and LATAM, expanding its senior management coverage in these regions. His remit spans the broker’s activities across the three markets.

Rebusco previously served as Managing Director of Retail Brokerage at oil-derivatives liquidity provider Onyx Capital Group. Earlier in his career, he held the role of Head of Brokerage at Moneyfarm.

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Plus500 hires U.S. Chief Legal Officer

At the same time, Amy Meyer-O’Brien assumed the position of Chief Legal Officer, US, at Plus500 after building a long legal career in the derivatives and brokerage industry. In her new role, she will oversee legal matters for the company’s US operations.

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Before joining Plus500, Meyer-O’Brien spent 14 years at R.J. O’Brien, most recently serving as Senior Director and Deputy General Counsel, Corporate. Earlier in her career, she held several legal roles at the firm, including Associate General Counsel, Senior Corporate Attorney, Attorney and Junior Attorney.

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IG Group picks new Chair

IG Group brought Andrew Barron as its new Board Chair Designate and Non-Executive Director, concluding its search for a new Chair. His appointment marks an important leadership transition for the trading and investment firm.

The move follows the retirement announcement of former Chair Mike McTighe, who was initially set to step down by the end of last year. However, IG Group faced delays in finding his successor, prompting McTighe to remain in the role until a suitable replacement was confirmed.

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CFTC Chair appoints new team

In the regulatory front, CFTC Chairman Michael Selig overhauled the agency’s leadership by appointing new heads for three key offices in a single day. His picks include a former federal prosecutor to lead enforcement, a Goldman Sachs and FCA veteran for international affairs, and a Capitol Hill insider for congressional relations.

Selig succeeded Acting Chair Caroline Pham, whose tenure reshaped the CFTC’s approach to prediction markets, perpetual futures, and digital assets. While Selig appears likely to maintain a supportive stance toward crypto innovation, his enforcement appointment indicates a tougher approach to misconduct in financial markets.

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PU Prime MD departs after four years

Elsewhere, Mohamed Elsergany stepped down as Managing Director of PU Prime after nearly four years at the forex and CFD brokerage. Based in Dubai, Elsergany announced his departure on Monday, describing it as the right time to pursue his next opportunity.

Elsergany joined PU Prime in 2021 to head the firm’s MENA operations before expanding his leadership role across the company. He previously held senior positions at OnePro, Swissquote, and Forex.com, and brings over a decade of experience in business development and client operations.

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Wise adds ex-ICE CFO Scott Hill to Board

Lastly, Wise brought Scott Hill as an independent non-executive director, adding a seasoned exchange and finance executive to its board as the company expands its presence in U.S. capital markets. Hill spent 14 years as Chief Financial Officer of Intercontinental Exchange, the Atlanta-based operator of the New York Stock Exchange.

He currently serves on the boards of legal technology firm CS Disco, where he briefly acted as CEO between September 2023 and May 2024, and marketing platform Cardlytics, where he chairs the audit committee.

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