Online foreign exchange and CFDs broker London Capital Group Holdings (LON:LCG) has announced that the company is expanding its team dedicated to build up a new client base. The London Stock Exchange listed company will establish a new subsidiary in Israel which will focus on online and affiliate marketing.
The brokerage has appointed Amedeo Moscato as CEO of the soon-to-be-launched LCG Digital LTD. The subsidiary will be based in Israel, and will oversee all digital marketing and affiliate business globally.
London Capital Group (LON:LCG) has also hired another senior executive as the firm looks to revitalize, expand and strengthen its customer base.
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Florian Rais has been appointed Chief Commercial Officer of London Capital Group, after a successful career across Europe, Russia and Israel. He is an experienced professional in the investment services industry and will be responsible for the sales activity at LCG.
As part of the executive restructuring, the Head of Institutional Sales Francois Nembrini will step down from his position.
Commenting on the announcement the CEO of LCG Digital, Amedeo Moscato said, “LCG have a reputation for being innovative and with the imminent relaunch and rebrand I look forward to being a part of this.”
Mr Moscato brings with him substantial experience across digital marketing. He spent about 8 years focusing on forex, CFDs trading and binary options. Back in September he left a Managing Director role at Playtech, one of the leading brands in the gaming industry, which has also expanded into trading in recent months. He was a key figure in building the binary options and forex affiliate businesses globally.