Exclusive: Eliza Eliadou to be Next CEO of LCG Cyprus, Source Says
- At LCG, Eliadou is the current Chief Compliance Officer based in Cyprus.
London Capital Group (LCG) has found its new Chief Executive Officer (CEO) for its Cyprus operations, with Eliza Eliadou, the firm’s current Chief Compliance Officer (CCO) set to take on the role, a source close to the matter told Finance Magnates.
LCG announced the move internally today. Eliadou will be replacing Panayiotis Annivas, who assumed the role of CEO in October, his Linkedin states. He, in turn, replaced Andreas Kontos, who resigned from LCG’s Cypriot subsidiary as CEO and Group Chief Operating Officer (COO) in October, as Finance Magnates reported exclusively. His departure followed two years of solid financial performance for the Group.
Eliza Eliadou
Source: LinkedIn
Finance Magnates reached out to LCG, who declined to comment on the move, and to Eliadou, who has not responded as of the time of publishing. This promotion for Eliadou comes after less than two years of working for the broker, originally joining the firm as CCO in April 2017.
LCG is a contract for difference (CFD) and Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term provider, offering financial instruments for investment such as foreign exchange (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), shares, commodities, metals and more.
LCG on the road to recovery
As we previously reported, LCG started 2018 on strong footing, with the broker recording revenue of £18.6 million ($24.1 million), an increase of 54 percent from the same period in 2017, which had a revenue of £12 million.
Gross profit was also up by 26 percent year-on-year, a welcome result for the firm, which reported a statutory loss of £3 million in 2017, although this was down from 2016’s loss of £7.7 million.
Prior to working with the broker, Eliadou spent six years at easyMarkets, a CFD and forex broker. Here she was most recently the Head of Compliance until October 2016 after she was promoted from her role as Junior compliance officer in July 2013.
During her career, she has also held consultant and legal-based roles at Andreas Neocleous & Co LLC, TORNARITIS LAW FIRM and MAP.S PLATIS, where she was most recently employed before joining LCG.
London Capital Group (LCG) has found its new Chief Executive Officer (CEO) for its Cyprus operations, with Eliza Eliadou, the firm’s current Chief Compliance Officer (CCO) set to take on the role, a source close to the matter told Finance Magnates.
LCG announced the move internally today. Eliadou will be replacing Panayiotis Annivas, who assumed the role of CEO in October, his Linkedin states. He, in turn, replaced Andreas Kontos, who resigned from LCG’s Cypriot subsidiary as CEO and Group Chief Operating Officer (COO) in October, as Finance Magnates reported exclusively. His departure followed two years of solid financial performance for the Group.
Eliza Eliadou
Source: LinkedIn
Finance Magnates reached out to LCG, who declined to comment on the move, and to Eliadou, who has not responded as of the time of publishing. This promotion for Eliadou comes after less than two years of working for the broker, originally joining the firm as CCO in April 2017.
LCG is a contract for difference (CFD) and Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term provider, offering financial instruments for investment such as foreign exchange (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), shares, commodities, metals and more.
LCG on the road to recovery
As we previously reported, LCG started 2018 on strong footing, with the broker recording revenue of £18.6 million ($24.1 million), an increase of 54 percent from the same period in 2017, which had a revenue of £12 million.
Gross profit was also up by 26 percent year-on-year, a welcome result for the firm, which reported a statutory loss of £3 million in 2017, although this was down from 2016’s loss of £7.7 million.
Prior to working with the broker, Eliadou spent six years at easyMarkets, a CFD and forex broker. Here she was most recently the Head of Compliance until October 2016 after she was promoted from her role as Junior compliance officer in July 2013.
During her career, she has also held consultant and legal-based roles at Andreas Neocleous & Co LLC, TORNARITIS LAW FIRM and MAP.S PLATIS, where she was most recently employed before joining LCG.