BDSwiss Holding Plc, a binary options provider, has appointed Christopher Papageorgiou as its newest Head of Sales with immediate effect, Finance Magnates has learned.
Mr. Papageorgiou’s arrival at BDSwiss follows the appointment of Stefanos Mitsi back in November 2015. Mitsi formerly served as the Chief Executive Officer (CEO) of IronFX UK, which paved the way for his recruitment at BDSwiss Holding Plc as its CEO after leaving the broker in September 2015. The management turnover at IronFX UK came on the heels of a capital injection to the firm’s UK operations earlier in 2015.
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Mr. Papageorgiou joins BDSwiss after working at a number of broker venues in the foreign exchange (FX) space, including most recently at IronFX. In this capacity he held the role of Head of Southeast Asia and Sales Manager, dating back to July 2013. Additional roles also include Partnership Coordinator at FXTM, the Head of the International Desk at Tadawul FX Ltd, the Head of the English Desk at GFC Markets, and a stint as a Senior Advisor at the Royal Bank of Scotland, part of a lengthy tenure extending back to 2000.
BDSwiss recently made headlines after CySEC issued a fine to the binary provider to the order of €5,000. In recent months, the regulator has received much criticism, culminating in the ramping up of its control mechanisms and actions against a number of companies in the industry.