Pacific Union Group (PUG), an Australian-based forex and CFD broker, has recruited Mohamed Elsergany as its new Head of Service Center for the MENA region. Prior to his new role at the company, Elsergany spent over one year working as the MENA Regional Director at CJC Markets.
Additionally, according to his LinkedIn profile, the new PUG’s Head of Service Center for the MENA region worked for around four years as Business Development Partner at Tickmill, which is another forex and CFD broker headquartered in Cyprus.
In fact, most of his professional background lies in working in the Business Development field in the financial sector. Before his job at Tickmill, Elsergany worked in FX Solutions as a Business Development Partner. Based in Egypt, the new PUG employee had tenures in Swissquote, MIG Bank, Forex.com and BMFN Prime with a career in the financial markets in excess of 12 years.
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Elsergany’s educational profile notes that he earned a bachelor’s degree in e-Commerce.
Recent Major Banks Executive Moves
In the last few months, the financial services landscape had been quite moved in the MENA region, specifically from major banks. For example, Saxo Bank recently announced that the company had appointed Damian Hitchen, a former Regional Manager at HSBC, as the company’s new CEO of the MENA region.
The newly appointed CEO of the MENA region will report directly to the company’s Chief Sales Officer, Stig Christensen. Hitchen will be based at Saxo Bank’s regional office in Dubai. He will facilitate Saxo Bank’s growth in the region. Furthermore, Barclays Plc announced in August that it had appointed Davide Sala as its new Managing Director and Head of Industrials M&A for Europe, Middle East and Africa (EMEA). Sala has vast experience within the financial industry, having worked for over 22 years at Credit Suisse in London and in New York. He focused his career on providing advice on M&A and financing to clients across industrials space.