EXANTE, ADSS, Crypto.com, and More: Executive Moves of the Week

This week, EXANTE hired Deutsche Bank's former executive Robert Parker as Head of Risk, ADSS's Head of Sales stepped down, Crypto.com added the former IG Group CEO, and Fusion Markets added the Former IG Manager as Head of Sales.

Elsewhere, Fusion Markets named a Former IG Manager as Head of Sales, CMS brought CFI Dubai's former executive as CEO, Deriv’s founder stepped down as top executive, and the SEC appointed a new Acting Inspector General.

EXANTE welcomes Former Deutsche Bank executive as Head of Risk

EXANTE onboarded Robert Parker as Head of Risk, Financial Markets. With over two decades of industry experience, Parker will now step into the London-based role.

Parker’s career includes senior positions at major institutions like Deutsche Bank, Sberbank CIB, and BCS Global Markets. His background covers all major risk verticals, including credit, liquidity, operational, and market risk.

Learn more about EXANTE's appointment of Robert Parker as the Head of Risk, Financial Markets.

ADSS Head of Sales steps down

Meanwhile, Ammar Bader announced his departure from ADSS in a LinkedIn post shared today (Thursday). He confirmed that he has officially stepped down from his position as Head of Sales.

ADSS is a financial services firm based in the United Arab Emirates. It provides forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD trading for institutional, private, and retail clients.

Find out more about the departure of the ADSS Head of Sales.

Crypto.com onboards former IG Group CEO

In the crypto space, Crypto.com appointed former IG Group CEO Kevin Algeo as Senior Vice President of Capital Markets. Algeo spent over a decade at publicly listed IG Group, where he served as CEO of APAC & Africa, and brings 20 years of financial services leadership to the role.

The announcement comes just one day after the cryptocurrency platform revealed its acquisition of a CySEC-regulated broker and expressed its intention to launch a CFD offering beyond its core products in the second half of the year.

Read more about Crypto.com's onboarding of the former IG Group CEO.

Fusion Markets enlists Former IG Manager to Head of Sales

Torrell Fernandes joined Fusion Markets as Head of Sales. In his post, Fernandes said he had taken some time away from the brokerage industry to focus on family and reset. He added that he is returning to the sector with a new perspective.

Before joining Fusion Markets, Fernandes worked at IG Group for nearly five years. He was most recently the Team Lead Manager for Premium Clients for 4 years.

Discover more about Fusion Markets' onboarding of the Former IG Manager.

CMS brought CFI Dubai's former executive as CEO

Also, this week, CMS appointed Nidal Abdel Hadi as its new CEO. This change is part of the company’s long-term growth and global expansion plans.

Nidal has more than 25 years of experience in the financial services sector. He began his career in Switzerland, where he held senior leadership positions at MIG Bank and Swissquote Bank.

Learn more about CMS' appointment of Abde Hadi as the new CEO.

Deriv’s founder stepped down as top executive

CFD broker Deriv posted Rakshit Choudhary as its sole Chief Executive Officer following the departure of Jean-Yves Sireau from the executive team, FinanceMagnates.com learned. Choudhary and Sireau jointly held the position of co-CEOs.

Sireau, the founder of Deriv, is stepping down from his executive role after nearly 25 years at the company. He will continue as the majority shareholder and has already launched a new company focused on AI-driven health optimisation.

Find out more about Deriv's new CEO.

SEC appoints a new Acting Inspector General

The Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission enlisted Katherine Reilly as Acting Inspector General, filling a crucial oversight role at the federal financial regulator.

Lastly, Reilly, who currently serves as Deputy Inspector General, will replace Deborah Jeffrey, who has retired after leading the office since 2023.

Learn more about the newly appointed SEC's Acting Inspector General.

Revolut’s CFD Trading Launch Lead departs

Lastly, Sergei Riabov announced his departure from Revolut, where he had worked for almost three years, most recently as the Head of Wealth and Trading.

Before holding this position, Riabov was Revolut’s Head of Product for Wealth & Trading, based in London. His role included setting product strategy and overseeing operations across the UK, EU, and other international markets such as Singapore, Australia, and the US.

Show more about Sergei Riabov's departure from Revolut.