Executive moves that dominated the week's news for the forex, crypto and fintech industries.
Now, in the penultimate week of the month of October, we hope for some positive changes in the forex, crypto, and fintech industries as well as in global news. Let’s review this uptick with the executives who have taken on recent roles and challenges in our executive moves roundup of the week.
Executive Moves of the Week
A Growing List of Departing Binance Executives: Cabossioras Joins the Roster
Binance
France has seen another change in its leadership as Stéphanie Cabossioras
stepped down from her position as the Executive Director. Her departure marks
yet another senior executive leaving Binance this year, adding to the leadership transitions within the cryptocurrency exchange.
David
Prinçay, the President of Binance France, confirmed Cabossioras' resignation in
a recent post on the social platform X (formerly known as Twitter). Prinçay
expressed his gratitude for Cabossioras' contributions to Binance France and
wished her the best in her future endeavors.
Validus
Risk Management has appointed Andrew Spence as a senior advisor focusing on
pension plans and asset managers. Spence brings three decades of experience in
economics, investment strategy, and risk management.
He has
previously held senior roles at Ontario Teachers' Pension Plan and has been an
advisor to HM Treasury and the Bank of Canada. The appointment coincides with plans to expand Validus' services in the pension and asset management sectors.
Sarah Hall
Sarah Hall Joins Global
Trade Capital to Head Cyprus Office
Global
Trade Capital (GTC Group) welcomes Sarah Hall as the General Manager of its
new office in Cyprus. Hall, a seasoned industry veteran with over 15 years of
experience, has previously worked at Etoro, FX Pro, and Saxo Bank.
She joins
GTC from her most recent role at Axi, where she was the Global Head of Settlements.
Her expertise in risk and fraud prevention is expected to enhance GTC's
policies, ensuring high service and security standards for clients. As part of
the company's expansion plans, Hall will focus on setting up the Cyprus branch
and enhancing the customer success department.
"Sarah’s
extensive industry experience and expertise will play a crucial role in our
journey of growth and innovation in the financial services sector,” said Jack
Zheng, the CEO of GTC Group.
BJ McAndrews Joins Academy Securities as Managing
Director, Head of Securitized Product Sales
Academy Securities, a certified Disabled Veteran
Business Enterprise and Minority Business Enterprise, welcomed BJ McAndrews
as Managing Director and Head of Securitized Product Sales.
With 18 years of experience at Wells Fargo
Securities, McAndrews brings extensive knowledge in structured product sales
and trading. He is planning to strengthen Academy Securities' growing securitized
product platform, leveraging his expertise and deep client relationships.
Academy Securities is a prominent disabled
veteran-owned investment bank known for its commitment to mission-driven
initiatives and dedication to providing meaningful careers to veterans.
Kypros Zoumidou
Kypros Zoumidou Replaces Peter Hetherington as Capital.com CEO
Capital.com, owned by Viktor Prokopenya, has had its apex leadership changed through the appointment of Kypros Zoumidou as the Group Chief Executive Officer, replacing outgoing Peter Hetherington. This came as an internal hire, as Zoumidou joined the brokerage group at the beginning of last year as the UK Managing Director and later took up the additional responsibility as the Group's Chief Commercial Officer.
The official announcement today (Monday) detailed that Hetherington will continue to be with the brokerage group in an advisory role until 2026 to ensure a smooth transition and to provide strategic guidance to the company.
Tiger
Brokers (Singapore) has announced the appointment of Ian Leong as its new CEO. Leong,
who previously served as the Business Development Director for the retail part
of the company, has replaced the former CEO Eng Thiam Choon. He brings a wealth of
experience from his previous roles in the financial industry, including as the CEO
of uSMART Singapore and the Head of Dealing at Phillip Securities.
Dong Ming, the
Vice President and Co-Founder of Tiger Brokers Group, expressed his enthusiasm
for Leong's appointment. "Leong's strategic vision aligns perfectly with
our commitment to growing our presence in Singapore and expanding throughout
Southeast Asia."
The CFO, Henry
Toh welcomed Leong, highlighting his established track record and
alignment with the company's long-term goals.
OKX Hires New Head of Compliance
The crypto
exchange OKX has announced that Neil Grant has become its Head of Compliance for the
EMEA region. Previously, he served as the Compliance Officer at Crypto Facilities
and Chief Compliance Officer at B2C2 and Global Prime Partners.
"I’m
happy to share that I’m starting a new position as Head of Compliance EMEA at
OKX,” Grant commented on his LinkedIn profile.
Grant’s professional
career in finance started at CMC Markets, where he served as a Business Analyst
for two years, from 2022.
Kristina
Campbell, the Chief Financial Officer (CFO) of Ripple, has left the
cryptocurrency payments platform to assume a similar position at the virtual
healthcare provider Maven Clinic. Campbell's departure from Ripple took place
in October.
The
departure news comes in the midst of the ongoing legal battle between Ripple
and the United States Securities and Exchange Commission. Campbell's
LinkedIn profile indicated that her tenure at Ripple ended abruptly after more
than two years.
The
post offered little explanation for her exit other than describing her time at
the crypto firm as "memorable." She joined Ripple in April 2021,
following more than four years as the CFO at the payments platform PayNearMe.
Chicago-based
R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage
and clearing firm in the US, has promoted Matt Heidkamp to Executive Director and Chief Operating Officer (COO) for its US operations. At the same time, Gemma Lloyd was promoted to COO for
the company's EMEA affiliate, R.J. O’Brien Limited.
Both
Heidkamp and Lloyd bring extensive experience to their new roles, with Heidkamp
having nearly 29 years of experience at RJO in trading and operations, and
Lloyd joining earlier this year with over 25 years in client service and sales
management roles in the listed derivatives sector.
Johnny Leon Tong
Axi Eelevates Ton to Head of
RPA
In a
separate move, Axi has informed that Jonny Leon Tong was promoted to Head of
Robotic and Programming Automation. Tong joined Axi back in 2017 as the
Head of Client Services and worked as the General Manager, Head of Financial
Operations, and Head of Global Middle Office.
“I’m happy
to share that I’m starting a new position as Head of Robotic Programming
Automation (RPA) at Axi,” Tong commented.
Oliver Haste
Oliver Haste Joins
Propellant.digital as Head of EMEA Product
Oliver
Haste has been appointed as the Head of EMEA Product at Propellant.digital, a
fintech company specializing in data analytics. Haste, who recently led
data-related projects at Goldman Sachs, is expected to enhance Propellant's
platform and client experience. Propellant's second senior appointment in five
weeks indicates the company's ambitious growth plans in the data analytics
space.
"It is
an exciting time to work in data analytics," said Oliver Haste. "Regulators
understand that data holds the key to market transparency while investors
realise that the data they need for better investment outcomes is within reach
– but organising and analysing it remains the real challenge. Propellant's
unique solution unlocks the full potential of market data and I aim to push the
boundaries of what all market participants can expect from data analytics
software."
Now, in the penultimate week of the month of October, we hope for some positive changes in the forex, crypto, and fintech industries as well as in global news. Let’s review this uptick with the executives who have taken on recent roles and challenges in our executive moves roundup of the week.
Executive Moves of the Week
A Growing List of Departing Binance Executives: Cabossioras Joins the Roster
Binance
France has seen another change in its leadership as Stéphanie Cabossioras
stepped down from her position as the Executive Director. Her departure marks
yet another senior executive leaving Binance this year, adding to the leadership transitions within the cryptocurrency exchange.
David
Prinçay, the President of Binance France, confirmed Cabossioras' resignation in
a recent post on the social platform X (formerly known as Twitter). Prinçay
expressed his gratitude for Cabossioras' contributions to Binance France and
wished her the best in her future endeavors.
Validus
Risk Management has appointed Andrew Spence as a senior advisor focusing on
pension plans and asset managers. Spence brings three decades of experience in
economics, investment strategy, and risk management.
He has
previously held senior roles at Ontario Teachers' Pension Plan and has been an
advisor to HM Treasury and the Bank of Canada. The appointment coincides with plans to expand Validus' services in the pension and asset management sectors.
Sarah Hall
Sarah Hall Joins Global
Trade Capital to Head Cyprus Office
Global
Trade Capital (GTC Group) welcomes Sarah Hall as the General Manager of its
new office in Cyprus. Hall, a seasoned industry veteran with over 15 years of
experience, has previously worked at Etoro, FX Pro, and Saxo Bank.
She joins
GTC from her most recent role at Axi, where she was the Global Head of Settlements.
Her expertise in risk and fraud prevention is expected to enhance GTC's
policies, ensuring high service and security standards for clients. As part of
the company's expansion plans, Hall will focus on setting up the Cyprus branch
and enhancing the customer success department.
"Sarah’s
extensive industry experience and expertise will play a crucial role in our
journey of growth and innovation in the financial services sector,” said Jack
Zheng, the CEO of GTC Group.
BJ McAndrews Joins Academy Securities as Managing
Director, Head of Securitized Product Sales
Academy Securities, a certified Disabled Veteran
Business Enterprise and Minority Business Enterprise, welcomed BJ McAndrews
as Managing Director and Head of Securitized Product Sales.
With 18 years of experience at Wells Fargo
Securities, McAndrews brings extensive knowledge in structured product sales
and trading. He is planning to strengthen Academy Securities' growing securitized
product platform, leveraging his expertise and deep client relationships.
Academy Securities is a prominent disabled
veteran-owned investment bank known for its commitment to mission-driven
initiatives and dedication to providing meaningful careers to veterans.
Kypros Zoumidou
Kypros Zoumidou Replaces Peter Hetherington as Capital.com CEO
Capital.com, owned by Viktor Prokopenya, has had its apex leadership changed through the appointment of Kypros Zoumidou as the Group Chief Executive Officer, replacing outgoing Peter Hetherington. This came as an internal hire, as Zoumidou joined the brokerage group at the beginning of last year as the UK Managing Director and later took up the additional responsibility as the Group's Chief Commercial Officer.
The official announcement today (Monday) detailed that Hetherington will continue to be with the brokerage group in an advisory role until 2026 to ensure a smooth transition and to provide strategic guidance to the company.
Tiger
Brokers (Singapore) has announced the appointment of Ian Leong as its new CEO. Leong,
who previously served as the Business Development Director for the retail part
of the company, has replaced the former CEO Eng Thiam Choon. He brings a wealth of
experience from his previous roles in the financial industry, including as the CEO
of uSMART Singapore and the Head of Dealing at Phillip Securities.
Dong Ming, the
Vice President and Co-Founder of Tiger Brokers Group, expressed his enthusiasm
for Leong's appointment. "Leong's strategic vision aligns perfectly with
our commitment to growing our presence in Singapore and expanding throughout
Southeast Asia."
The CFO, Henry
Toh welcomed Leong, highlighting his established track record and
alignment with the company's long-term goals.
OKX Hires New Head of Compliance
The crypto
exchange OKX has announced that Neil Grant has become its Head of Compliance for the
EMEA region. Previously, he served as the Compliance Officer at Crypto Facilities
and Chief Compliance Officer at B2C2 and Global Prime Partners.
"I’m
happy to share that I’m starting a new position as Head of Compliance EMEA at
OKX,” Grant commented on his LinkedIn profile.
Grant’s professional
career in finance started at CMC Markets, where he served as a Business Analyst
for two years, from 2022.
Kristina
Campbell, the Chief Financial Officer (CFO) of Ripple, has left the
cryptocurrency payments platform to assume a similar position at the virtual
healthcare provider Maven Clinic. Campbell's departure from Ripple took place
in October.
The
departure news comes in the midst of the ongoing legal battle between Ripple
and the United States Securities and Exchange Commission. Campbell's
LinkedIn profile indicated that her tenure at Ripple ended abruptly after more
than two years.
The
post offered little explanation for her exit other than describing her time at
the crypto firm as "memorable." She joined Ripple in April 2021,
following more than four years as the CFO at the payments platform PayNearMe.
Chicago-based
R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage
and clearing firm in the US, has promoted Matt Heidkamp to Executive Director and Chief Operating Officer (COO) for its US operations. At the same time, Gemma Lloyd was promoted to COO for
the company's EMEA affiliate, R.J. O’Brien Limited.
Both
Heidkamp and Lloyd bring extensive experience to their new roles, with Heidkamp
having nearly 29 years of experience at RJO in trading and operations, and
Lloyd joining earlier this year with over 25 years in client service and sales
management roles in the listed derivatives sector.
Johnny Leon Tong
Axi Eelevates Ton to Head of
RPA
In a
separate move, Axi has informed that Jonny Leon Tong was promoted to Head of
Robotic and Programming Automation. Tong joined Axi back in 2017 as the
Head of Client Services and worked as the General Manager, Head of Financial
Operations, and Head of Global Middle Office.
“I’m happy
to share that I’m starting a new position as Head of Robotic Programming
Automation (RPA) at Axi,” Tong commented.
Oliver Haste
Oliver Haste Joins
Propellant.digital as Head of EMEA Product
Oliver
Haste has been appointed as the Head of EMEA Product at Propellant.digital, a
fintech company specializing in data analytics. Haste, who recently led
data-related projects at Goldman Sachs, is expected to enhance Propellant's
platform and client experience. Propellant's second senior appointment in five
weeks indicates the company's ambitious growth plans in the data analytics
space.
"It is
an exciting time to work in data analytics," said Oliver Haste. "Regulators
understand that data holds the key to market transparency while investors
realise that the data they need for better investment outcomes is within reach
– but organising and analysing it remains the real challenge. Propellant's
unique solution unlocks the full potential of market data and I aim to push the
boundaries of what all market participants can expect from data analytics
software."
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.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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