Matthew Wright has stepped down as the Group Chief Executive Officer of Zenfinex to join Exinity as the Group Chief Operating Officer at the beginning of September. He is based in London, according to his LinkedIn profile.

Matthew Wright Joins Exinity

“I’m happy to share that I’m starting a new position as the Group COO at Exinity,” Wright wrote in a LinkedIn post. “I will cheer the amazing team from Zenfinex on from the sidelines, but [I] am very excited for my latest challenge and to work with the amazing team at Exinity, some of whom I know and others I’m excited to meet.”

The Exinity brand is a part of Andrey Dashin’s larger forex and contracts for differences (CFDs) empire, which includes names like Alpari and FXTM. Over the years, the Exinity brand has been expanding: apart from its presence in established markets, it is one of the few brokers to hold a license in Kenya.

A Strong Career in FX/CFDs

Wright comes with extensive industry experience and has led many brokers in executive roles over his long career of two decades. He parted from Zenfinex less than a couple of years after taking over the apex role at the broker from its Founder, Nick Cooke, who has now rejoined as the Group's CEO. Zenfinex, which is expanding globally, recently strengthened its team with the appointment of Volkan Ozugur as the Chief Technology Officer.

Earlier this year, Michel Chabbouh, the CEO of MENA at Zenfinex, also resigned after helping the broker to secure a Dubai Financial Services Authority (DFSA) license.

Before his tenure at Zenfinex, Wright was the CEO at Capital Index, a London-based broker for CFDs and financial spread betting, for almost four years. He left that position in July 2021 and briefly served as the CEO at Destek Markets UK for about a year. His most notable experience was at Forex.com, a GAIN Capital brand, where he worked as the Chief Operating Officer for the EMEA region for nearly nine years.