A filing with UK Companies House shows that the Chief Compliance Officer of IronFX Demetris Kyriacou is stepping down. He spent over eight years with the company.
Kyriacou has been with IronFX since February 2009 when he joined as Chief Compliance Officer and Director of Financial Services. After spending a little over a year with the firm, he also became General Manager.
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According to a filing made by the UK entity of IronFX, 8SAFE UK Limited, Mr Kyriacou left the company at the beginning of the month. The FCA-regulated unit of the company has kept a clean regulatory record during his tenure. Back in November 2015, IronFX agreed to pay €325,000 to Cypriot authorities over possible violations of the regulator’s legislative framework.
Before joining IronFX, Mr Kyriacou served as General Manager of ACFX for a little over a year.
Last month IronFX announced that the it received a major investment from a Middle Eastern family office. The company stated that the $100 million commitment would enable the firm to engage in M&A activity as well as provide it with enough resources to boost its own technological and operational resources.