Capital.com has shuffled the management of its United Kingdom division by appointing Rupert Osborne as the CEO of Capital Com UK Limited, Finance Magnates learned exclusively. Osborne is taking over the responsibilities of the CEO of the UK operations from Kypros Zoumidou, who continues to be the Group CEO.

Local Leadership at Capital.com

According to the broker, its decision to appoint a dedicated CEO for the UK operations came to “better align with local client needs and market dynamics.” In the newly created role, Osborne will oversee all UK operations, including setting the strategic direction for the business and overseeing all material controls.

“As CEO of the UK operations, Rupert will steer the business forward while delivering the highest level of service to our clients in the UK,” said Zoumidou, who assumed the apex role with the broker succeeding Peter Hetherington.

“Rupert’s appointment reflects our dedication to staying at the forefront of our clients’ diverse needs while driving growth in step with local market changes, regulations and best practices.”

A Seasoned FX and CFD Executive

The appointment of Osborne as the CEO of UK operations of Capital.com has been made through internal promotion. He joined the broker in June 2022 as the Dealing Director and was later promoted to Executive Director.

Osborne is also a seasoned financial services executive with more than 15 years in trading and sales roles. Before joining Capital.com, he had a short six-month stint at Pepperstone, another forex and contracts for differences (CFDs) broker, as a Consultant. He also headed Koala Capital, a startup crypto exchange, for a brief period of three months, as seen on his LinkedIn profile.

However, his most notable experience was at IG, where he spent about 11 years of his career. He joined the London headquarters of the broker as a Dealer in October 2010 and then climbed the corporate ladder to get promoted to Senior Dealer and then Deputy Head of Dealing for FX and Crypto. IG also appointed him as the CEO of its US division in September 2017, a role he held for four years until his separation from the company.

Interestingly, Osborne is one of the many former IG executives who are now holding top management roles at Capital.com. The Group CEO, Zoumidou, himself was an IG alumni.

“By continuously enhancing our offering and forging strategic partnerships with like-minded innovators, we aim to deliver the best products and services to meet the exacting needs of our UK client base,” Osborne said.