Mohamed Elsergany, the Regional Director for the Middle East and North Africa (MENA) at multi-asset trading platform provider, PU Prime, has resigned from his position after one year of service.
Elsergany, who joined PU Prime in September last year from the brokerage company, CJC Markets Global, announced his resignation on Tuesday.
“The time has come to bid farewell, and it is not easy to say goodbye. I started the journey with PU Prime a year ago with my team and was instrumental in building up PU Prime as a growing brand in the MENA region. I think it is the right time for me to take a break and start a new venture in my life,” he wrote on LinkedIn.
Elsergany noted that stepping down “will be an opportunity to hit reset and restart a new part of my life.”
At CJC Markets Global, the executive had spent a year and four months in Egypt as the MENA Regional Director of the company.
During the course of his career, Elsergany has worked with the London-based broker, Tickmill, and the forex trading technology provider, FX Solutions, as a Business Development Partner.
Since kicking off his career in 2009, he has worked for MIG Bank, Forex.com, Swissquote and Alfath Group, a real estate company based in Cairo, Egypt.
Meanwhile, earlier in March, Finance Magnates reported that PU Prime recruited Mohamed Nagy as its new Business Development Manager.
Rebranding
Established in 2015, PU Prime is relatively new to online retail forex and contract for difference industries.
In March, the company rebranded by launching a brand new logo and a revamped website. The broker said the goal was to appeal to a new generation of customers.
“The PU Prime site architecture has been rehauled to make navigation a breeze, while new content has been added to provide even more support to customers,” the broker noted.
In July, the retail brokerage launched PU Social, a copy trading app it said will enable its customers to access global markets.
“PU Prime hopes that with the launch of PU Social, its customers can find success even without much experience in the markets and, at the same time, learn from master traders,” the broker explained.
