Taurex has appointed Matthew Wright as its Global CEO, marking his return to the role after previously stepping down four years ago. The move follows a year in which Wright served as a Non-Executive Director at the CFD broker. Wright said the Board approached him to take over the position, and he now resumes leadership of the global business with immediate effect.

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Board Requests Leadership Return

"Four years ago, I stepped away from this role, so to have the opportunity to return is both rare and incredibly meaningful. After spending the last year as a NED, the Board asked me to step back into the CEO position something I was very happy to do," he said on Tuesday.

"The decision was made easy by the enormous respect I have for the people across the business. There is real talent, energy, and commitment here, and I’m proud to be working alongside the team again."

Wright announced in March that he had rejoined Taurex as a Non-Executive Director. In the part-time role, which he took up last July, he sits on the board and supports oversight and strategy. His background includes experience from several senior roles across the brokerage sector. Most recently, he served as Group COO at Exinity between 2023 and 2025.

Background in Brokerage Leadership

He also held the CEO position at Capital Index for nearly four years and briefly led Destek Markets UK. Earlier in his career, Wright worked at Gain Capital for close to nine years. He served as Chief Operating Officer for EMEA, overseeing regional operations for the Forex.com brand.

Read more: Taurex Reunites With Former CEO Matthew Wright as Non-Executive Director

In addition to his executive roles, Wright remains involved in other ventures. He serves as Co-Founder and Non-Executive Director at Semoto and previously worked as Managing Director at Ondal. His return places an experienced executive back at the helm as Taurex continues its operations under renewed leadership.

In 2023, Zenfinex rebranded as Taurex as part of a broader strategy to roll out a proprietary trading app and a suite of trading tools for clients at all levels. The move followed leadership changes at the group, with Founder Nick Cooke returning as CEO after Matthew Wright, who led the company as Group CEO, stepped down and joined Exinity as Group COO.

Alongside the rebrand, Taurex has been expanding its global footprint and strengthening its offering through partnerships and regulatory milestones.

Elsewhere, Taurex has been scaling up after raising $40 million in a Series C round led by major shareholder Oscar Hilt Tatum IV in March. The funds are reportedly supporting upgrades to its proprietary infrastructure, the development of an AI-powered trading app, and an accelerated global expansion.