Scope Markets Kenya Names New CEO

Scope Markets Kenya, a licensed non-dealing online forex broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day marke Read this Term, announced on Tuesday that it appointed Alex Karanja Njoroge as its new Executive Director and Chief Executive Officer.

According to the announcement, Kenneth Waiganjo was also named as an Executive Director and Chief Financial Officer of the company. Additionally, Njoroge has more than 18 years of experience in the financial services industry, including asset management, banking and consulting. Also, organizational strategy, business development and risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term are Njoroge’s areas of expertise.

Before joining ICEA Asset Management, Njoroge worked for Chase Bank as a Senior Corporate Dealer, Manager Treasury Sales, Head of Treasury, Assistant General Manager and General Manager.

In addition to his Bachelor of Commerce degree (Banking and Finance) from Nazarene University, Njoroge holds a Master of Business Administration degree from Strathmore Business School. Further, he holds ACI dealing certification, which is worldwide recognition of forex proficiency.

“With Alex joining our team in Kenya as the CEO, bringing on board diverse financial sector experience, we are optimistic we will sustain the growth momentum as we seek to push the business to the next level,” Jacob Plattner, the CEO of Scope Markets Group, commented.

In contrast, Waiganjo has worked in a wide range of industries, including shipping, advertising, and food and beverage. Finance forecasting and analysis, as well as financial reporting for global companies, are among his specialities.

In addition to a Master’s degree in Business Administration from Kenyatta University, Waiganjo holds a Bachelor’s degree in Commerce (Accounting) from the Catholic University of Eastern Africa. He also holds a certified membership in the Institute of Certified Public Accountants of Kenya (ICPAK).

Rostro Group Acquisition

In February, Scope Markets Group announced that it had been acquired by Roger Hambury’s Rostro Group in an all-cash deal. The deal will be funded with Rostro’s existing cash reserves, but the financial terms of it were not revealed.