The firm swaps CFO and finance roles and prepares to fill vacant director position as Paul Boyle steps down.
According to regulatory filings dated today by Plus500 Ltd with the London Stock Exchange, where the multi-asset online broker is listed on London's AIM under ticker PLUS, the company has promoted Elad Even-Chen to the role of Chief Financial Officer (CFO). He will replace Inbal Maron, who held that position for nearly seven years, and who will now become VP Finance and work alongside Mr. Even-Chen.
Mr. Even-Chen is a certified accountant in Israel having previously worked at KPMG. He serves as the Finance Director and VP Business Development at Plus500 Ltd and is a director of Plus500CY Ltd, and has been with the group for four years. The update mentioned that Mr. Even-Chen may eventually join the board, as part of the new management role.
Finance Magnates received comments from Mr. Even-Chen regarding the new role, he said "I am delighted to take the role of the CFO of Plus500. Plus500 is a successful company with a clear vision and I would be happy to continue to contribute with my experience and financial expertise to promote its success."
"...we are pleased to recognise Mr Even-Chen's contribution to the business and the important role he plays representing the Company to shareholders and the financial markets."
New Director Sought
The company also revealed in the filing that one of its non-executive directors, Paul Boyle, has indicated his intention not to stand for re-election at the company's upcoming annual meeting in May, and will step down to focus on his full-time role at Aviva Plc. The company will be looking for a replacement for the expected vacancy.
Commenting in the filing, Plus500 Chairman Alastair Gordon was quoted as saying: "The board is grateful to Mr. Boyle for his service during a period which has seen significant regulatory challenges, but also strong process on operational business front. His contribution has been of huge value to the business and we wish him every success in the future."
"At the same time we are pleased to recognise Mr Even-Chen's contribution to the business and the important role he plays representing the Company to shareholders and the financial markets," and added regarding the new CFO promotion.
Shares of PLUS on the AIM market last traded at 635 around time of the market open this morning in London.
According to regulatory filings dated today by Plus500 Ltd with the London Stock Exchange, where the multi-asset online broker is listed on London's AIM under ticker PLUS, the company has promoted Elad Even-Chen to the role of Chief Financial Officer (CFO). He will replace Inbal Maron, who held that position for nearly seven years, and who will now become VP Finance and work alongside Mr. Even-Chen.
Mr. Even-Chen is a certified accountant in Israel having previously worked at KPMG. He serves as the Finance Director and VP Business Development at Plus500 Ltd and is a director of Plus500CY Ltd, and has been with the group for four years. The update mentioned that Mr. Even-Chen may eventually join the board, as part of the new management role.
Finance Magnates received comments from Mr. Even-Chen regarding the new role, he said "I am delighted to take the role of the CFO of Plus500. Plus500 is a successful company with a clear vision and I would be happy to continue to contribute with my experience and financial expertise to promote its success."
"...we are pleased to recognise Mr Even-Chen's contribution to the business and the important role he plays representing the Company to shareholders and the financial markets."
New Director Sought
The company also revealed in the filing that one of its non-executive directors, Paul Boyle, has indicated his intention not to stand for re-election at the company's upcoming annual meeting in May, and will step down to focus on his full-time role at Aviva Plc. The company will be looking for a replacement for the expected vacancy.
Commenting in the filing, Plus500 Chairman Alastair Gordon was quoted as saying: "The board is grateful to Mr. Boyle for his service during a period which has seen significant regulatory challenges, but also strong process on operational business front. His contribution has been of huge value to the business and we wish him every success in the future."
"At the same time we are pleased to recognise Mr Even-Chen's contribution to the business and the important role he plays representing the Company to shareholders and the financial markets," and added regarding the new CFO promotion.
Shares of PLUS on the AIM market last traded at 635 around time of the market open this morning in London.
Former Marketing Director of XTB Becomes NCM Financial’s COO
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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.
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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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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
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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
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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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
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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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
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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