Burak Akbulut, who served as the CEO of Tera Europe Ltd for the past five years, has stepped down from the post, leaving the charges to David George.
“I stepped down from [the] CEO role of Tera Europe Ltd as of today and handed it over to David George. I am confident that he will carry the company to another level,” Akbulut wrote in a Linkedin post.
An Experienced Executive
George joined Tera in January 2020 as a Dubai-based Senior Executive Officer and also joined the company’s Board of Directors. Before that, he was the Managing Director and Head of Trading at the Russian investment bank, Renaissance Capital.
He comes with extensive experience in the financial industry with experience of almost three decades.
Based in London, he started his career at Merrill Lynch in 1993 as a Managing Director and Head of Trading of the Emerging Market Equities , spending 13 years of his initial career there. In addition, he worked at the London division of Goldman Sachs for seven years as the Managing Director and COO of Emerging Market Equities.
Tera Europe Ltd, which operates the platform TeraFX, has been licensed by the United Kingdom’s Financial Conduct Authority (FCA ) since 2012. Furthermore, the company holds a Dubai Financial Services Authority (DFSA) license and is controlled by a Turkish businessman and a former minister, Oğuz Tezmen and his son, Emre Tezmen.
Akbulut joined Tera Europe in June 2016 as the Managing Director after his tenure as a Turkish Chief Executive Officer at the Renaissance Capital. However, he did not disclose his future plans after stepping down from the apex role at Tera.
