OvalX, Credit Suisse and More: Executive Moves of the Week

Sunday, 16/04/2023 | 09:00 GMT by Tom Hazan
  • Executive moves that dominated the week's news.
Weekly Executive Roundup

Having enjoyed Easter celebrations and have moved halfway through April, we see fewer employees have been onboarded in the forex, crypto and fintech industries. Let’s take a glance at the executives that have taken on new positions and experiences in our executive moves roundup of the week.

Executive Moves of the Week

Wedbush Names New Compliance Chief as It Enters FX Prime Brokerage

California-based Wedbush Securities has named Matt Lisle as its new Chief Compliance Officer for its Futures division. He will be based in the Chicago office of Wedbush and report to Andrew Druch, the General Counsel of the company.

Indeed, Lisle has been a licensed attorney for more than three decades and has spent the last 25 years strengthening the legal and regulatory compliance efforts of several companies in the financial industry.

Discover more about Wedbush naming Matt Lisle as its new Chief Compliance Officer.

OvalX's Foulds Moves to Alvar Financial after 20 Years

Mark Foulds, who served as the Head of Spreadbetting Sales at the British retail broker, OvalX (formerly ETX Capital) for 20 years, has exited from the company. Presently, he will join Alvar Financial Services Limited as the Co-Head of High Net Worth Trading. The move comes after the company officially ceased operations in March.

The ETX Capital veteran expressed special gratitude to Andrew Edwards, the former Chief Executive Officer (CEO) of the brokerage, who introduced him to the business and inspired him for 20 years. On the other hand, Edwards has been affiliated with Saxo Capital Markets UK since December 2017 where he also serves as the CEO.

Read more about Mark Foulds move to OvalX as the Co-Head of High Net Worth Trading.

Credit Suisse’s European M&A Head Joins Deutsche Bank

William Mansfield, the veteran who spent the last 27 years at Credit Suisse, has left the Swiss bank to join Deutsche Bank. Most recently, he was the Head of M&A for Europe, the Middle East and Africa.

His departure came only weeks after the acquisition of Credit Suisse by rival UBS in a 3 billion Swiss franc deal, which was backed by Switzerland's government. However, the deal caught the eye of Swiss prosecutors who are now investigating it. Recently, lawmakers in the Swiss lower house of parliament outvoted the government's move as symbolic voting.

Exness Promotes Shayma Ghanim to Country Manager

Exness, a top forex and CFDs provider, has promoted Shayma Ghanim, its former Senior Key Account Manager and Team Leader for the Middle East and North Africa, to the position of Country Manager. Ghanim announced the new role on Wednesday through LinkedIn.

Ghanim's promotion comes two years after she joined Exness in her former role. Writing on LinkedIn, the executive noted that she hopes to leverage the experiences and knowledge she gathered from her previous role “to help further drive Exness’ growth in the region.”

Although the executive did not mention the region that she will be working from in her LinkedIn post, her profile on the professional networking platform shows the role is a Cyprus-based hybrid role.

Exness Promotes Samantha Hooi to Head of Events

Exness, a top forex and CFDs trading provider, has promoted Samantha Hooi, one of its event managers, to Head of Events. Hooi announced her promotion on LinkedIn on Tuesday.

The elevation comes nearly six years after Hoo joined the brokerage firm in July 2017 at its office in Lumpur, Malaysia. Speaking on the promotion, Hoo expressed excitement at “the opportunity to bring even more energy and success to our partners and clients.”

Having enjoyed Easter celebrations and have moved halfway through April, we see fewer employees have been onboarded in the forex, crypto and fintech industries. Let’s take a glance at the executives that have taken on new positions and experiences in our executive moves roundup of the week.

Executive Moves of the Week

Wedbush Names New Compliance Chief as It Enters FX Prime Brokerage

California-based Wedbush Securities has named Matt Lisle as its new Chief Compliance Officer for its Futures division. He will be based in the Chicago office of Wedbush and report to Andrew Druch, the General Counsel of the company.

Indeed, Lisle has been a licensed attorney for more than three decades and has spent the last 25 years strengthening the legal and regulatory compliance efforts of several companies in the financial industry.

Discover more about Wedbush naming Matt Lisle as its new Chief Compliance Officer.

OvalX's Foulds Moves to Alvar Financial after 20 Years

Mark Foulds, who served as the Head of Spreadbetting Sales at the British retail broker, OvalX (formerly ETX Capital) for 20 years, has exited from the company. Presently, he will join Alvar Financial Services Limited as the Co-Head of High Net Worth Trading. The move comes after the company officially ceased operations in March.

The ETX Capital veteran expressed special gratitude to Andrew Edwards, the former Chief Executive Officer (CEO) of the brokerage, who introduced him to the business and inspired him for 20 years. On the other hand, Edwards has been affiliated with Saxo Capital Markets UK since December 2017 where he also serves as the CEO.

Read more about Mark Foulds move to OvalX as the Co-Head of High Net Worth Trading.

Credit Suisse’s European M&A Head Joins Deutsche Bank

William Mansfield, the veteran who spent the last 27 years at Credit Suisse, has left the Swiss bank to join Deutsche Bank. Most recently, he was the Head of M&A for Europe, the Middle East and Africa.

His departure came only weeks after the acquisition of Credit Suisse by rival UBS in a 3 billion Swiss franc deal, which was backed by Switzerland's government. However, the deal caught the eye of Swiss prosecutors who are now investigating it. Recently, lawmakers in the Swiss lower house of parliament outvoted the government's move as symbolic voting.

Exness Promotes Shayma Ghanim to Country Manager

Exness, a top forex and CFDs provider, has promoted Shayma Ghanim, its former Senior Key Account Manager and Team Leader for the Middle East and North Africa, to the position of Country Manager. Ghanim announced the new role on Wednesday through LinkedIn.

Ghanim's promotion comes two years after she joined Exness in her former role. Writing on LinkedIn, the executive noted that she hopes to leverage the experiences and knowledge she gathered from her previous role “to help further drive Exness’ growth in the region.”

Although the executive did not mention the region that she will be working from in her LinkedIn post, her profile on the professional networking platform shows the role is a Cyprus-based hybrid role.

Exness Promotes Samantha Hooi to Head of Events

Exness, a top forex and CFDs trading provider, has promoted Samantha Hooi, one of its event managers, to Head of Events. Hooi announced her promotion on LinkedIn on Tuesday.

The elevation comes nearly six years after Hoo joined the brokerage firm in July 2017 at its office in Lumpur, Malaysia. Speaking on the promotion, Hoo expressed excitement at “the opportunity to bring even more energy and success to our partners and clients.”

About the Author: Tom Hazan
Tom Hazan
  • 379 Articles
  • 33 Followers
About the Author: Tom Hazan
Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader. Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments. Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise. He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.
  • 379 Articles
  • 33 Followers

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