PrimaryBid, BMLL, FXCM and More: Executive Moves of the Week

Sunday, 22/01/2023 | 09:00 GMT by Tom Hazan
  • Executive moves that dominated the week's news.
Weekly Executive Roundup

In January, the number of executive roles being onboarded in the forex, crypto and fintech industries is returning to what we normally expect with a slight dip due to redundancies in the market. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week.

Fiona Richards Joins PrimaryBid as Chief Operating Officer

PrimaryBid has appointed Fiona Richards as the new Chief Operating Officer (COO). She brings over 25 years of financial markets experience gained from the largest investment banking brands around the world.

Before PrimaryBid, Richards also served Rowan Dartington as the COO. Her career in finance began in 1997, when she joined Accenture, and then moved to UBS. Following that, she functioned at HSBC and Deutsche Bank where she first proved herself in the role of Chief Operating Officer in 2017-2018.

Discover more about Fiona Richards being hired by PrimaryBid as the new Chief Operating Officer.

BMLL Ads Jenny Chen as Head of Sales in Americas to Push Expansion

BMLL has appointed Jenny Chen as Head of Sales in the Americas. The announcement follows Rob Laible who was recruited last week as the Head of Americas, showing BMLL's focus on expansion in the United States.

Chen has more than 20 years of market experience, having previously worked as an analyst in the Global Portfolio Trading department at UBS.

Read more about Jenny Chen being appointed as the Head of Sales in Americas by BMLL to drive its expansion.

FXCM CIO, Ryan Leonard, Departs After 18 Years

Ryan Leonard has left FXCM after almost 18 years as its Chief Information Officer to start independent consulting in the IT and Information Security businesses.

Leonard admits that his true professional career started at FXCM in 2005 when he joined the retail trading broker. Before that, he served as a network engineer, system administrator and programmer at smaller companies.

Find out more about Ryan Leonard's exit from FXCM as the CIO after 18 years.

Citi Promotes Joe Bond to SVP of FX Sales for UK and Jersey

Citigroup has promoted Joe Bond to the position of Senior Vice President of FX Sales for the UK and Jersey. Bond has been steering Citi's forex sales team for both jurisdictions since April 2021.

The executive joined Citi in July 2015 as the Assistant Vice President of FX Sales. During the course of his experience at Citi, Bond served as the Vice President of Forex Advisory, Sales and Execution.

Learn more about Citigroup promoting Joe Bond to SVP of FX Sales for both UK and Jersey.

ClearBank Names Mark Fairless as New CFO

ClearBank Ltd has named Mark Fairless as the new CFO in its drive for growth, effective from January 2023, which is subject to regulatory approval.

Recently shared in a press release with Finance Magnates, Mark Fairless has been appointed by ClearBank as its new Chief Financial Officer.

Fairless will reinforce the bank’s accelerated expansion in the UK, Europe and internationally. Additionally, he will sit on the financial institution’s UK Board and Executive Committee.

Discover more about Mark Fairless being named the new CFO by Clearbank.

Omar Khaled Leaves Amana to Join Multibank Group

Omar Khaled has left Amana after a decade to join rival MultiBank Group as the Marketing Director in the new Dubai Headquarters, which the Group moved to last November.

Khaled first joined Amana's Lebanon office as a Marketing Manager in August 2012 and moved to its Dubai offices in December 2021 with a promotion to Marketing Director.

Read more about Omar Khaled exiting Amana and joining Multibank Group.

ASIC Commissioner Sean Hughes Resigns to Join Vanguard

Sean Hughes has resigned from his post as the Commissioner of ASIC and will end his term on 3 February. He will join Vanguard Australia as the General Counsel.

Hughes joined the Aussie financial market watchdog as a Commissioner in late 2018 for a five-year term. He is stepping down ten months before his contract ends on 3 December 2023.

Find out more about Sean Hughes resigning as the ASIC Commissioner to join the ranks of Vanguard.

Louisa Plaice Appointed Head of Public Affairs at Intertrader

Intertrader has added the title of Head of Public Affairs to the job description of Louisa Plaice who has been its Head of Marketing since January last year.

Plaice announced her expanded role on Monday through LinkedIn. However, her profile on the professional networking platform shows that she took on the responsibilities of the dual role as the Head of Marketing & Public Affairs in December 2022.

The executive, who boasts 15 years of marketing experience, joined Intertrader in July 2019 as an Event Manager.

Learn more about Intertrader onboarding Louisa Plaice as the new Head of Public Affairs.

StoneX Hires SWIFT’s Edward Phelps as Head of Sales Strategy

StoneX Global Payments has hired Edward Phelps as its Head of Sales Strategy. Phelps, who served SWIFT for over five and a half years, announced his new role on Friday.

Phelps brings about a decade of experience to the role. His appointment comes less than a month after Cboe Global Markets appointed Vikesh Patel to the role of President at Cboe Clear Europe.

Discover more about StoneX hiring Edward Phelps as the new Head of Sales Strategy.

Kraken Hires Ex-BlockFi VP, Samia Bayou, as Head of Prime Finance

Kraken has onboarded Samia Bayou as its new Head of Prime Finance and OTC Sales for the EMEA.

Bayou announced her appointment through LinkedIn on Friday. However, her LinkedIn profile shows she assumed the role in December last year. Bayou left her role at BlockFi in September last year after one year and five months.

Read more about Kraken recruiting Samia Bayou as the new Head of Prime Finance.

Rostro Appoints John Murphy as CRO of Scope Markets after Acquisition

Rostro Financials Group has named John Murphy as the new Chief Revenue Officer of Scope Markets. Murphy disclosed his appointment on Friday through LinkedIn.

The executive has worked in senior roles for top forex and CFD brokers, such as OANDA, Alpari (UK) Limited and FXCM.

Murphy’s appointment arrives a few days after Rostro's announced that it has completed the acquisition and taken full control of forex and CFD broker Scope Markets.

Find out more about John Murphy being appointed as the new CRO of Scope Markets.

In January, the number of executive roles being onboarded in the forex, crypto and fintech industries is returning to what we normally expect with a slight dip due to redundancies in the market. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week.

Fiona Richards Joins PrimaryBid as Chief Operating Officer

PrimaryBid has appointed Fiona Richards as the new Chief Operating Officer (COO). She brings over 25 years of financial markets experience gained from the largest investment banking brands around the world.

Before PrimaryBid, Richards also served Rowan Dartington as the COO. Her career in finance began in 1997, when she joined Accenture, and then moved to UBS. Following that, she functioned at HSBC and Deutsche Bank where she first proved herself in the role of Chief Operating Officer in 2017-2018.

Discover more about Fiona Richards being hired by PrimaryBid as the new Chief Operating Officer.

BMLL Ads Jenny Chen as Head of Sales in Americas to Push Expansion

BMLL has appointed Jenny Chen as Head of Sales in the Americas. The announcement follows Rob Laible who was recruited last week as the Head of Americas, showing BMLL's focus on expansion in the United States.

Chen has more than 20 years of market experience, having previously worked as an analyst in the Global Portfolio Trading department at UBS.

Read more about Jenny Chen being appointed as the Head of Sales in Americas by BMLL to drive its expansion.

FXCM CIO, Ryan Leonard, Departs After 18 Years

Ryan Leonard has left FXCM after almost 18 years as its Chief Information Officer to start independent consulting in the IT and Information Security businesses.

Leonard admits that his true professional career started at FXCM in 2005 when he joined the retail trading broker. Before that, he served as a network engineer, system administrator and programmer at smaller companies.

Find out more about Ryan Leonard's exit from FXCM as the CIO after 18 years.

Citi Promotes Joe Bond to SVP of FX Sales for UK and Jersey

Citigroup has promoted Joe Bond to the position of Senior Vice President of FX Sales for the UK and Jersey. Bond has been steering Citi's forex sales team for both jurisdictions since April 2021.

The executive joined Citi in July 2015 as the Assistant Vice President of FX Sales. During the course of his experience at Citi, Bond served as the Vice President of Forex Advisory, Sales and Execution.

Learn more about Citigroup promoting Joe Bond to SVP of FX Sales for both UK and Jersey.

ClearBank Names Mark Fairless as New CFO

ClearBank Ltd has named Mark Fairless as the new CFO in its drive for growth, effective from January 2023, which is subject to regulatory approval.

Recently shared in a press release with Finance Magnates, Mark Fairless has been appointed by ClearBank as its new Chief Financial Officer.

Fairless will reinforce the bank’s accelerated expansion in the UK, Europe and internationally. Additionally, he will sit on the financial institution’s UK Board and Executive Committee.

Discover more about Mark Fairless being named the new CFO by Clearbank.

Omar Khaled Leaves Amana to Join Multibank Group

Omar Khaled has left Amana after a decade to join rival MultiBank Group as the Marketing Director in the new Dubai Headquarters, which the Group moved to last November.

Khaled first joined Amana's Lebanon office as a Marketing Manager in August 2012 and moved to its Dubai offices in December 2021 with a promotion to Marketing Director.

Read more about Omar Khaled exiting Amana and joining Multibank Group.

ASIC Commissioner Sean Hughes Resigns to Join Vanguard

Sean Hughes has resigned from his post as the Commissioner of ASIC and will end his term on 3 February. He will join Vanguard Australia as the General Counsel.

Hughes joined the Aussie financial market watchdog as a Commissioner in late 2018 for a five-year term. He is stepping down ten months before his contract ends on 3 December 2023.

Find out more about Sean Hughes resigning as the ASIC Commissioner to join the ranks of Vanguard.

Louisa Plaice Appointed Head of Public Affairs at Intertrader

Intertrader has added the title of Head of Public Affairs to the job description of Louisa Plaice who has been its Head of Marketing since January last year.

Plaice announced her expanded role on Monday through LinkedIn. However, her profile on the professional networking platform shows that she took on the responsibilities of the dual role as the Head of Marketing & Public Affairs in December 2022.

The executive, who boasts 15 years of marketing experience, joined Intertrader in July 2019 as an Event Manager.

Learn more about Intertrader onboarding Louisa Plaice as the new Head of Public Affairs.

StoneX Hires SWIFT’s Edward Phelps as Head of Sales Strategy

StoneX Global Payments has hired Edward Phelps as its Head of Sales Strategy. Phelps, who served SWIFT for over five and a half years, announced his new role on Friday.

Phelps brings about a decade of experience to the role. His appointment comes less than a month after Cboe Global Markets appointed Vikesh Patel to the role of President at Cboe Clear Europe.

Discover more about StoneX hiring Edward Phelps as the new Head of Sales Strategy.

Kraken Hires Ex-BlockFi VP, Samia Bayou, as Head of Prime Finance

Kraken has onboarded Samia Bayou as its new Head of Prime Finance and OTC Sales for the EMEA.

Bayou announced her appointment through LinkedIn on Friday. However, her LinkedIn profile shows she assumed the role in December last year. Bayou left her role at BlockFi in September last year after one year and five months.

Read more about Kraken recruiting Samia Bayou as the new Head of Prime Finance.

Rostro Appoints John Murphy as CRO of Scope Markets after Acquisition

Rostro Financials Group has named John Murphy as the new Chief Revenue Officer of Scope Markets. Murphy disclosed his appointment on Friday through LinkedIn.

The executive has worked in senior roles for top forex and CFD brokers, such as OANDA, Alpari (UK) Limited and FXCM.

Murphy’s appointment arrives a few days after Rostro's announced that it has completed the acquisition and taken full control of forex and CFD broker Scope Markets.

Find out more about John Murphy being appointed as the new CRO of Scope Markets.

About the Author: Tom Hazan
Tom Hazan
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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.

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