In yet another busy week of executive moves, we feature noteworthy appointments, promotions, and exits from notable industry brands. Stay tuned as we cover interesting changes across the banking, forex, proprietary trading, and fintech space.

Rightlander named Sarafina Wolde Gabriel as the new CEO; ABN AMRO appointed Chief Risk Officer, the Former Credit Suisse Executive; CME lost key FX Benchmark Risk Expert after Jannece announced departure; Robinhood named David Schwed as Chief Information Security Officer for Brokerage; Ex-IronFX and LCG Sales Veteran joined Taurex; EDXM named new APAC MD, the Former BitGo Digital Asset Sales Head; Doo Group’s Head of Institutional Clients Fraser Nelson bid farewell after two years.

Taurex promoted Maria Meramveliotaki as Brand and Strategy Director; Periklis Hanna stepped down as Head of Marketing at The Trading Pit after a year; a new CCO joined Moomoo AU after CMC Markets and Tiger Brokers; Barclays named Ex-TD Securities' MD Stephen Stewart as Head of M&A Execution for Canada; Future FinTech appointed Hu Li as CEO, succeeding Shanchun Huang; Prop Firm Blueberry Funded was appointed new GM from PropTradeTech and Eightcap.

Executive Moves of the Week

Rightlander Names Sarafina Wolde Gabriel as New CEO: From Strategy to the Top

Rightlander, a company specializing in affiliate compliance and partner monitoring solutions, welcomed Sarafina Wolde Gabriel as the new CEO. Wolde Gabriel brings over 19 years of experience in digital marketing and affiliate compliance to her new role. She previously served as Rightlander's Chief Strategy Officer.

During her tenure as Chief Strategy Officer, Gabriel was involved in developing the company's product offerings and building important partnerships. Before joining Rightlander, Gabriel worked for GeoComply as Senior Director of Global Markets, where she focused on expanding products and services in international markets and establishing relationships with industry contacts in fraud and compliance.

Reveal more about Rightlander's appointment of Sarafina Wolde Gabriel as the new CEO.

ABN AMRO Appoints Chief Risk Officer, Former Credit Suisse Executive

The Supervisory Board of ABN AMRO proposed the appointment of Serena Fioravanti as Chief Risk Officer and member of the Executive Board, effective October 1. As the CRO, Fioravanti will oversee risk management and compliance at ABN AMRO.

She has nearly 25 years of experience in the banking sector, concentrating on risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, treasury, liquidity risk management, corporate finance, project management, and audit. She has held various roles in finance and risk management at Credit Suisse Group, including nearly four years as Chief Risk Officer on the executive board of Credit Suisse Switzerland AG for the past seventeen years.

Learn more about ABN AMRO's appointment of Serena Fioravanti as Chief Risk Officer and member of the Executive Board.

CME Loses Key FX Benchmark Risk Expert as Jannece Announces Departure

After ten years of developing the CME’s eFix Matching tool, which allows banks to net client fixing risk ahead of FX industry benchmark calculations, Head of Mid-Matching Kyle Jannece announced his departure this week.

“After ten years managing the efforts behind the eFix Matching Service and guiding it to a market-leading position, the sun has set on my time with the product,” Jannece announced. “This will be my last week with the CME following eFix's success.”

Discover more about Kyle Jannece's exit from CME.

Robinhood Names David Schwed as Chief Information Security Officer for Brokerage

Robinhood added David Schwed as the Chief Information Security Officer for the Brokerage division, according to an announcement Schwed made this week on LinkedIn. Until recently, Schwed was the Chief Operating Officer and later an Advisor at Halborn, a cybersecurity firm.

Schwed is a technology expert who has worked for various companies throughout his career. Among them are Dfns, Lava Network, Utila, and Hexagate. The Empire State University alumnus has also worked for Citi, Galaxy Digital, and BNY.

Show more about Robinhood's onboarding of David Schwed as Chief Information Security Officer for Brokerage.

Ex-IronFX and LCG Sales Veteran Joins Taurex

With collaborations with six well-known brands in the Contracts for Difference (CFDs) industry under his belt, James Watts moved to Taurex, where he will serve as Commercial Director. He brings to the former Zenfinex over a decade and a half of experience gained at companies in Dubai and London.

Watts joined Taurex after nearly three years as a senior executive officer at Evalect Group, a company associated with financial markets and FX options. He previously collaborated with several CFD brokers, supporting their sales departments. These included Multibank Group, AFX Group, London Capital Group (LCG), IronFX, and Alpari UK, where he spent the longest, almost four years.

Find out more about James Watts' transition to Taurex and his new role.

EDXM Names New APAC MD, Former BitGo Digital Asset Sales Head

Kai Kono assumed the role of Managing Director, Head of APAC, at EDXM Global. In this new role, Kono will lead the company's international expansion efforts. Based in Singapore, EDXM Global operates with backing from EDX Markets, an entity established in 2022 by a group of major financial institutions, including Citadel Securities, Fidelity Digital Assets, Virtu Financial, and Charles Schwab, among others.

Prior to joining EDXM Global, Kono held several notable positions. He was recently the Founder and CEO of Spring Digital. Before that, he served as the Chief Executive Officer of Zodia Custody in Singapore and as the Managing Director for APAC in the same firm.

Explore more about EDXM's onboarding of Kai Kono to the role of Managing Director.

Doo Group’s Head of Institutional Clients Fraser Nelson Bids Farewell after Two Years

Doo Group's Head of Institutional Clients, Fraser Nelson, is leaving the company, according to an announcement he made on LinkedIn this week. Nelson joined the company as the Head of Business Development before being promoted to Head of Institutional Clients, a position he held for a year.

“After two years of Excitement, Hard Work, Travel, and Growth, my time at Doo has come to an end,” Nelson wrote. “As I prepare to take the next steps in my career, I wanted to say thanks to the management team for the confidence in making me the number 3 hire outside of Asia, backing me to open offices and spearhead growth, believing in me to be the face of our Recruitment and Branding videos and empowering me to be the company's face and voice at Expos and Seminars.”

Check out more about Fraser Nelson's exit from his role as Doo Group's Head of Institutional Clients.

Taurex Promotes Maria Meramveliotaki as Brand and Strategy Director

Forex and CFD company Taurex picked Maria Meramveliotaki as the new Brand and Strategy Director. Based in Limassol, Cyprus, Meramveliotaki will, among other roles, execute the company's strategic plan and lead an in-house team to develop marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term strategies.

Announcing her appointment on LinkedIn, Meramveliotaki said: “Stepping into a new chapter at Taurex—I've been promoted to Brand and Strategy Director! This role gives me a fantastic opportunity to align our strategic vision with our core principles and build a lasting brand.”

Learn more about Taurex's promotion of Meramveliotaki as Brand and Strategy Director.

Periklis Hanna Steps Down as Head of Marketing at The Trading Pit after a Year

In a notable exit this week, Periklis Hanna announced his resignation from the role of Head of Marketing at The Trading Pit. Before his tenure at the company, Hanna held several important positions in the marketing field.

Previously, he worked as Head of Marketing and Operations at Wintrado Technologies AG and as a Digital Marketing and Business Development Executive at Digipro Education Limited. He also served as a Digital Marketing & Business Development Executive at Airtrans Group from March 2017 to March 2019.

Discover more about Periklis Hanna's decision to step down from his role as the Head of Marketing at The Trading Pit after a year.

New CCO Joins Moomoo AU after CMC Markets and Tiger Brokers

Michael McCarthy joined Moomoo AU as Chief Commercial Officer. McCarthy will lead the company's strategic planning, market growth, and customer engagement efforts across Australia. Moomoo uses artificial intelligence to offer an investing platform for both beginners and experienced traders. It provides real-time data and a range of analytic tools to assist with share market navigation.

“Moomoo’s innovative platform and dedication to customer success resonate with my own commitment to advancing financial literacy and market understanding,” McCarthy said. “I look forward to working with the talented team at Moomoo to drive growth and deliver exceptional value to our clients in Australia.”

Read more about the appointment of Michael McCarthy as Moomoo's Chief Commercial Officer.

Barclays Names Ex-TD Securities' MD Stephen Stewart as Head of M&A Execution in Canada

Barclays named Stephen Stewart, a Former TD Securities executive, as the Head of M&A Execution for Canada. In a statement published on Friday, the company said this hire aims to reinforce the bank's commitment to the region and brings a wealth of experience and leadership that promises to elevate its M&A operations across Canada.

Stephen Stewart joined Barclays from TD Securities, where he spent over 15 years honing his investment banking skills, focusing on mergers and acquisitions. At TD, Stewart was the Managing Director at M&A and was instrumental in a series of landmark transactions.

Learn more about Barclay's appointment of ex-TD Securities MD Stephen Stewart as Head of M&A Execution for Canada.

Future FinTech Appoints Hu Li as CEO, Succeeding Shanchun Huang

Future FinTech Group appointed Hu Li as the new Chief Executive Officer, effective August 5, 2024. The company has welcomed the new appointment, saying it signals a commitment to expanding its global footprint and strengthening its position in the financial and digital technology sectors.

Li, who has been with Future FinTech since 2019, steps into the CEO role with a wealth of experience in finance and management. His previous positions within the company include a recent role as CEO of FTFT International Securities and Futures Limited.

Discover more about Future FinTech's appointment of Hu Li as CEO.

Prop Firm Blueberry Funded Appoints New GM from PropTradeTech and Eightcap

Marcus Fetherston has been onboarded as the General Manager at Blueberry Funded, a proprietary trading firm operated by Blueberry Markets. Before joining Blueberry Funded, Fetherston held several positions in the financial sector. Most recently, he was the Director and Chief Product Officer at PropTradeTech, a role he occupied from March 2023 to June 2024.

PropTradeTech is a Melbourne-based firm specializing in trading technology. Prior to PropTradeTech, Fetherston served as Director of Operations at Eightcap from September 2020 to March 2023. Eightcap is also headquartered in Melbourne and operates within the financial markets sector.

Find out more about Prop Firm Blueberry Funded's appointment of Marcus Fetherston as the new General Manager.