He is a qualified Chartered Accountant and spent much of his career at CMC.
CMC Markets (LON: CMCX) has named Albert Soleiman as the new Chief Financial Officer in an appointment that came as an internal promotion. He replaced Euan Marshall, who retired from the role and CMC's board but will remain with the Group for the next few months to ensure an orderly transition.
"I am delighted to be taking on the role of CFO [at] CMC and look forward to working with the Group Board to drive the Group's strategy," said Soleiman. "I am excited about playing my part in delivering that strategic vision and enhancing efficiencies within the business."
Promotion of an Experienced CMC Executive
Soleiman spent a significant portion of his career at CMC Markets. He first joined the London-headquartered broker in November 2005 as a Tax Manager for Asia Pacific and became the Group Head of Tax in 2008. He also assumed the role of Head of Client Asset Management at CMC but separated from the broker in November 2019 after working there for 14 years.
He rejoined CMC Markets in mid-2020 as the Group Head of Corporate Development. He additionally led the launch of the CMC Invest business, becoming the Head of CMC Invest UK.
Between his two tenures at CMC, he was the Global Tax Director at Bitfury for eight months. Originally, he started his career as a Tax Consultant at KPMG and then as a Senior Tax Advisor at William Buck. He is also a qualified Chartered Accountant.
The Chairman of CMC Markets, James Richards, said: "Albert has a deep knowledge of the Group, which will support the execution of our diversification strategy. We have worked closely with Albert as he has developed the CMC Invest business, and I look forward to working with him as a Board member."
CMC's Shares Are Struggling
Soleiman appointment came when publicly-listed CMC Markets were struggling after the broker slashed its income outlook. As Finance Magnates reported earlier, it expects a net operating income between £250 million and £280 million for the fiscal year 2024.
CMC Markets (LON: CMCX) has named Albert Soleiman as the new Chief Financial Officer in an appointment that came as an internal promotion. He replaced Euan Marshall, who retired from the role and CMC's board but will remain with the Group for the next few months to ensure an orderly transition.
"I am delighted to be taking on the role of CFO [at] CMC and look forward to working with the Group Board to drive the Group's strategy," said Soleiman. "I am excited about playing my part in delivering that strategic vision and enhancing efficiencies within the business."
Promotion of an Experienced CMC Executive
Soleiman spent a significant portion of his career at CMC Markets. He first joined the London-headquartered broker in November 2005 as a Tax Manager for Asia Pacific and became the Group Head of Tax in 2008. He also assumed the role of Head of Client Asset Management at CMC but separated from the broker in November 2019 after working there for 14 years.
He rejoined CMC Markets in mid-2020 as the Group Head of Corporate Development. He additionally led the launch of the CMC Invest business, becoming the Head of CMC Invest UK.
Between his two tenures at CMC, he was the Global Tax Director at Bitfury for eight months. Originally, he started his career as a Tax Consultant at KPMG and then as a Senior Tax Advisor at William Buck. He is also a qualified Chartered Accountant.
The Chairman of CMC Markets, James Richards, said: "Albert has a deep knowledge of the Group, which will support the execution of our diversification strategy. We have worked closely with Albert as he has developed the CMC Invest business, and I look forward to working with him as a Board member."
CMC's Shares Are Struggling
Soleiman appointment came when publicly-listed CMC Markets were struggling after the broker slashed its income outlook. As Finance Magnates reported earlier, it expects a net operating income between £250 million and £280 million for the fiscal year 2024.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Taurex's Former Executive Jeffrey Navarro Moves to AvaTrade
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa