Now halfway into February and we see the number of executives being recruited this week in the forex, crypto and fintech industries moving progressively forward. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week.

Executive Moves of the Week

Jack Kelly Joins Vantage as Australian Head of Sales

Vantage has signed Jack Kelly as the new Australian Head of Sales. In his previous role, Kelly was responsible for sales operations in the US and Canada and will now bring his experience to Australia.

According to Kelly's LinkedIn profile, he began his career at Forex.com in March 2017 as the US Sales Manager and was promoted to Director of Global Sales Operation in March 2019. He obtained a master's degree in commerce and international business at the University of New South Wales (UNSW) in Australia.

Read more about Jack Kelly being hired by Vantage as the new Australian Head of Sales.

Ex-SquaredFinancial CEO, Youssef Barakat Joins 4T

Youssef Barakat has joined the senior management team of forex and contracts for differences (CFDs) broker 4T. However, the company did not reveal his official position.

In the new role, Barakat will assist the broker in its global expansion and diversify its product offerings.

Recruiting a veteran like Barakat, who brings more than 20 years of experience in forex and bullion trading, sales, and brokerage, displays the broker's intentions for growth.

Find out more about Youssef Barakat joining the ranks of 4T from SquaredFinancial.

Zenfinex's MENA CEO Resigns, Says “Mission Accomplished!”

Michel Chabbouh, the CEO for MENA at Zenfinex, has resigned from his position eighteen months after his appointment at the London-based forex and CFD broker. Chabbouh announced his resignation on Wednesday through LinkedIn.

Zenfinex appointed Chabbouh as its CEO of the MENA region last year and tasked him with leading its operations in the UAE. The broker said Chabbouh’s appointment became effective in January last year although his LinkedIn profile states he joined the firm in October 2021.

Learn more about the CEO of MENA at Zenfinex resigning stating "Mission Accomplished!"

Noor Capital’s Mohammed Jabri Joins TradeUltra as CEO

Since starting his career in June 1997, Jabri only worked for two companies before joining TradeUltra. He brings over two and a half decades of experience to his new role.

TradeUltra has tapped S. Mohammed Jabri as its Chief Executive Officer. Jabri’s role is based in the United Arab Emirates.

TradeUltra announced Jabri’s announcement on Monday in a statement published through LinkedIn. However, his LinkedIn profile shows that he assumed the role in January.

Discover more about Noor Capital appointing Mohammed Jabri as the new CEO at TradeUltra.

Sova Capital’s Clifford-Newman Joins StoneX as SVP, Prime Services Sales

StoneX Group has appointed Gary Clifford-Newman as its Senior Vice President of Prime Services Sales. Clifford-Newman announced the appointment at the financial services company on Monday through LinkedIn.

The executive, who brings over a decade to the new role, worked for Sova Capital for over four and a half years. He served as the company’s Vice President of Prime Services Sales between 2018 and 2021. He was appointed the Director of Prime Services Sales in 2021. This was a position Clifford-Newman held until he was awarded this new appointment at StoneX Group.

Read more about Clifford-Newman joining StoneX as the new SVP of Prime Services Sales.

Edgewater Hires Veteran Andres Cifuentes as Global Head of Liquidity

Edgewater Markets continues to enhance its leadership team with the latest hiring of Andreas Cifuentes, an executive with roughly two decades of industry experience, as its new Global Head of Liquidity. Previously, Cifuentes was the Head of Electronic Trading at BitGo.

Edgewater, which provides technology, trade execution and liquidity aggregation for the foreign exchange (FX) and precious metals industries, announced Cifuentes’ choice on Monday in a press statement.

Find out more about Andres Cifuentes being named the new Global Head of Liquidity at Edgewater.

Ziglu’s Founder Resigns after Acquisition Deal with Robinhood Fails

Mark Hipperson has given up his role as the CEO of Ziglu, the London-based cryptocurrency portfolio investment platform that he founded. This occurred within days of Robinhood's decision to terminate its deal to acquire the company.

Hipperson announced his resignation on Monday through LinkedIn. He has been running the company as the CEO since September 2018. However, he remains with the company as a Non-Executive Director and shareholder.

Learn more about the Founder of Ziglu resigning after Robinhood acquisition deal falls through.

TopFX Hires Roula Pelehrinis as Institutional Sales Head

TopFX has onboarded Roula Pelehrinis as the new Director of Institutional Sales. She brings over 15 years of industry experience, having worked previously at popular FX and CFD brands.

TopFX has been active in the retail FX/CFD market since 2010 and enables its clients to trade more than 1,000 financial instruments. In addition, it provides liquidity solutions to brokers and institutional clients, serving 180 industry participants to date.

Discover more about Roula Pelehrinis being onboarded as the new Institutional Sales Head at TopFX.

Invast Global Hires Tiffany Besnard to Head APAC Hedge Fund Sales

Invast Global has bolstered its team with the latest appointment of Tiffany Besnard as the Director and Head of Hedge Fund Sales for the APAC region. She has already joined the multi-asset prime brokerage and is located at the Sydney offices.

She joins the firm when Invast is aggressively growing its footprint in the Asia Pacific region. In the role, she will work alongside the company’s Prime Services team. According to the press release shared with Finance Magnates, she will “lead many strategic projects” but has not specified any details.

Read more about Invast Global recruiting Tiffany Besnard to Head of APAC Hedge Fund Sales.

BDSwiss Promotes Marc Suárez to Marketing Manager for Latin America

BDSwiss has elevated Marc Suárez to the position of Marketing Manager for Latin America. Suárez announced his promotion on Friday through LinkedIn.

The new BDSwiss LATAM Marketing Manager, who joined the brokerage firm in December 2021, brings over a decade of marketing, sales and accounting experience to the role. According to his LinkedIn profile, the role is in Madrid, Spain.

Find out more about Marc Suárez's promotion by BDSwiss to Marketing Manager for Latin America.