Scope Markets Kenya, a licensed non-dealing online forex broker , 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 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.