Safecap Investments Receives CySEC Approval to Appoint Sharon Hadad as COO

Cypriot regulatory authority CySec approved Safecap's request to appoint Sharon Hadad as an executive director, resulting in yesterday's appointment to

Safecap Investments, whose main retail FX brand is CySEC regulated Markets.com,   appointed Sharon Hadad as Chief Operating Officer (COO) yesterday.

Mr. Hadad joined the company in September 2013, however, in order to gain authorization to serve as senior management, the Cypriot regulator had to perform its standard compliance procedure which applies to newly appointed executives.

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Markets.com a trading name of Safecap Investments Ltd

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Prior to joining Safecap Investments in September, Mr. Hadad spent a year at IGMD as Head of Binary Options, preceded by a three-year tenure at IDI Ventures as Senior Product Director, with responsibility for risk management, definining new features for the R&D team including development of the user interface for the company’s trading platform, CRM and back office systems.

With regard to his appointment, Mr. Hadad explained to Forex Magnates today that, “Although I joined Safecap in September 2013, I just recently got the approval from CySEC last week to act as an executive director and Head of Operations.”

With regard to the coming year and Mr. Hadad’s intentions for Safecap Investments’ corporate governance, he further explained to Forex Magnates that, “For the meantime I can state that in the coming year we plan to extend our operations, both in dealing and risk management, expanding our team and supporting the growth of the company’s global B2C and B2B client-base.”

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