This week has seen a slight decrease in the number of executive appointments across the forex, crypto, and fintech sectors, contrasting marginally with the activity of the previous week.

In recent executive moves we see a few changes: Baiju Bhatt stepped down as Robinhood’s Chief Creative Officer while remaining on the Board of Directors; Saxo Bank has been promoted Tara Tyan to Chief Operating Officer for the MENA region; James Rutter has transitioned from IG Group to tastytrade as Commercial Lead; while Susan Segal joined Robinhood’s Board of Directors; Navro appointed Colin Moss-Davies as Chief Revenue Officer.

And a few more: CMC Markets bid farewell to Chief Market Analyst Michael Hewson; Beeks welcomed Zech Kottilil as Technical Pre-Sales Specialist; N26 appointed Mayur Kamat as Chief Product Officer; DHF Capital tapped Philippe Schneider as Global Head of Sales; Nomura appointed Hemish Shah as Head of EMEA Flow Rates; IG Group promoted Jody Dunn to Chief Operating Officer and Sarah Gore Langton to Chief Risk Officer; Ben Bilski departed from NAGA Group following its merger with Capex.com, signaling changes in leadership amidst strategic acquisitions.

Explore the dynamic world of executive transitions in forex, cryptocurrency, and fintech with our weekly recap. Delve into the evolving panorama of leadership changes across the financial technology sector.

Co-Founder Baiju Bhatt Steps Down as Robinhood’s Chief Creative Officer

Robinhood Markets, Inc. (NASDAQ: HOOD) announced the departure of Co-Founder and Chief Creative Officer Baiju Bhatt after over a decade of service. Bhatt, instrumental in shaping Robinhood’s vision, cites a desire to explore new entrepreneurial ventures as his reason for stepping down. He reflected on Robinhood’s mission to democratize financial services, expressing gratitude for the opportunity to work with a dedicated team. Despite relinquishing his executive role, Bhatt remains on Robinhood’s Board of Directors, reaffirming his commitment to the company’s journey and mission.

Remaining dedicated to Robinhood’s mission, Bhatt’s transition underscores his enduring commitment to the company’s strategic direction. CEO Vlad Tenev acknowledges Bhatt’s pivotal role in Robinhood’s growth, praising his contribution to expanding market access for millions of new investors. As Robinhood navigates this leadership shift, Bhatt’s continued involvement ensures continuity in driving its mission of financial inclusion.

Reveal more about Baiju Bhatt’s legacy and Robinhood’s evolving leadership amidst its mission to democratize finance.

Saxo Bank Gets New COO for MENA Region with an Internal Promotion

Saxo Bank’s MENA division welcomed Tara Tyan as its Chief Operating Officer, marking an internal promotion within the company. With six years of tenure at Saxo Bank, Tyan brings a wealth of experience to her new role. Previously serving as the Regional Lead of Marketing in the Dubai office, Tyan’s career progression underscores her commitment and contributions to the brokerage. Her diverse background in forex and CFDs brokerage, coupled with her extensive marketing expertise, positions her well to navigate the challenges and opportunities in the MENA region.

Tyan’s appointment reflects Saxo Bank’s strategic focus on nurturing talent from within its ranks, signaling confidence in the capabilities of its internal team members. As Saxo Bank aims to bolster its presence and operations in the MENA region, Tyan’s leadership as COO is poised to drive growth and operational excellence. Her promotion underscores Saxo Bank’s commitment to empowering its employees and fostering career development opportunities within the organization.

Investigate more about Saxo Bank’s internal talent development strategies and its vision for expansion in the MENA region.

IG Group’s Deputy Chief of Staff James Rutter Joins tastytrade as Commercial Lead

James Rutter, former Deputy Chief of Staff at IG Group, has assumed the role of Commercial Lead at tastytrade, marking a significant transition in his career. Rutter’s tenure at IG Group, spanning over nine years, saw him hold various positions, showcasing his diverse expertise in equity and volatility derivatives trading, sales operations, and business development. His appointment at tastytrade underscores the firm’s focus on global expansion, particularly outside the US market.

tastytrade’s rebranding from Tastyworks, aligning with its affiliated financial network under IG Group, signifies a strategic shift for the brokerage firm. Acquired by IG Group for $1 billion in 2021, tastytrade’s integration into IG Group’s platform strengthens the group’s presence in online trading and financial education. However, amidst these developments, IG Group witnesses changes in its leadership, with the resignations of Chief Financial Officer Charlie Rozes and Chief Operating Officer Jon Noble, against a backdrop of revenue stagnation in the third quarter of fiscal year 2024.

Find out more about James Rutter’s transition and IG Group’s strategic maneuvers in the online trading and financial education sectors.

Robinhood Welcomes Susan Segal to Board of Directors

Robinhood (NASDAQ: HOOD) appointed Susan Segal to its Board of Directors, effective March 21, 2024. Segal’s addition is strategic, aligning her expertise with critical aspects of Robinhood’s operations. Serving on key committees, including Nominating and Corporate Governance, Segal strengthens the company’s governance framework. With her appointment, Robinhood’s board expands to nine directors, emphasizing its commitment to diverse perspectives and robust governance structures.

Segal’s appointment underscores transparency and independence, with no preexisting arrangements or familial ties with Robinhood’s current directors or executive officers. Her involvement in the Non-Employee Director Compensation Program ensures equitable remuneration for her contributions to the company’s growth. Segal’s impartial governance stance is evident, with no direct or indirect material interest in disclosed transactions.

Identify more about Robinhood’s strategic governance enhancements and continued growth in trading volumes.

Navro Taps Braintree and PayPal Veteran to Lead Sales and Revenue

Navro, a London-based payments firm, appointed Colin Moss-Davies as its Chief Revenue Officer (CRO), bringing his extensive fintech experience to the role. Moss-Davies, with a 25-year track record, notably served at Braintree Payments for a decade, playing a crucial role in its EMEA expansion post-PayPal acquisition. Navro’s CEO, Aran Brown, emphasizes Moss-Davies’ appointment as part of their commitment to hiring top talent to advance their payments curation platform.

Navro’s innovative payments curation platform aims to simplify cross-border payments for businesses, particularly in e-commerce and online platforms. Providing a single API and contract, Navro facilitates global payment services, enabling seamless operations and market expansion. Moss-Davies praises Navro’s platform for addressing complex payment challenges, signaling optimism for the company’s growth trajectory.

Expose more about Navro’s strategic appointments and its innovative approach to simplifying global payments.

CMC Markets’ Chief Analyst Michael Hewson Steps Down after 15 Years

Michael Hewson, Chief Marketing Analyst at CMC Markets, bid farewell after a remarkable 15-year tenure. Reflecting on his time, Hewson recounts major market events, including the global financial crisis, UK and US elections, and significant corporate stories. At CMC Markets, Hewson provided technical and fundamental insights, shaping daily analysis and educational content across various platforms. His departure coincides with CMC Markets’ workforce reduction of 17%, aiming to enhance cost efficiency.

CMC Markets’ strategic workforce reduction aims for annual savings of £21 million by fiscal year 2025. Despite a one-off cost of £2.5 million in fiscal year 2024, the brokerage anticipates an 18% reduction in staff costs. Despite challenges, CMC Markets raises its income forecast for fiscal year 2024, projecting revenues between £290 million and £310 million. However, the company faced a pre-tax loss of £2 million in the first half of the fiscal year, highlighting ongoing financial adjustments amidst market volatility.

Learn more about CMC Markets’ structural changes and Michael Hewson’s legacy in market analysis and education.

Beeks Appoints Nasdaq Veteran with 15 Years of Experience

Beeks, a provider of financial technology infrastructure, welcomes Zech Kottilil as their new Technical Pre-Sales Specialist. With over 15 years of experience from industry giants like Nasdaq and Amazon Web Services (AWS), Kottilil brings a wealth of knowledge and expertise to the Beeks team. In his new role, Kottilil will serve as a critical link between Beeks’ technical teams and their clients, leveraging his understanding of the financial industry’s technological needs to streamline the sales process and enhance customer support.

Kottilil’s appointment marks a milestone for Beeks, with CEO Gordon McArthur emphasizing his profound knowledge and experience with cloud technologies as instrumental for the company’s expansion. Kottilil’s vision for merging technology with finance aligns with Beeks’ mission to deliver solutions for low-latency capital markets and the financial services sector.

Discover more about Beeks’ strategic expansion and revenue growth with the appointment of Zech Kottilil and its recent financial performance.

N26 Taps Binance Tech Veteran as New Chief Product Officer

N26, in response to the growing demand for innovative banking solutions, named Mayur Kamat, former SVP and Global Head of Product at Binance, as its new Chief Product Officer (CPO). Kamat’s extensive experience at global tech giants like Google and Microsoft, coupled with his recent leadership role in cryptocurrency regulation at Binance, positions him to drive N26’s product strategy forward. With a focus on user experience and technological innovation, Kamat aims to enhance N26’s offering across spending, saving, investment, credit, and shared banking features.

N26’s expansion beyond core banking services in 2024 underscores its commitment to providing comprehensive financial solutions. With the introduction of instant savings accounts and brokerage features, N26 aims to cater to diverse customer needs while maintaining competitive pricing structures. Despite recent challenges, including a drop in valuation following stake sales, N26’s strategic initiatives signal its resilience and determination to drive growth in the evolving fintech landscape.

Display more about N26’s strategic move to elevate its product leadership with the appointment of Mayur Kamat as CPO.

DHF Capital Taps Seasoned Sales Expert to Lead Global Team

Luxembourg-based securitization company DHF Capital has appointed Philippe Schneider as its new Global Head of Sales. With over 20 years of experience in sales and business development, Schneider brings a wealth of knowledge to DHF Capital’s international investment house. His expertise includes leading sales teams, executing sales strategies, and expanding market presence.

Schneider expressed enthusiasm for his new role, aiming to drive exceptional results and value for DHF Capital’s investors and stakeholders. As the Global Head of Sales, Schneider will oversee sales functions, set and implement goals, coach teams, and maintain client relationships, ensuring quality and compliance.

Philippe Schneider’s appointment reflects DHF Capital’s strategic focus on strengthening its leadership team. With Schneider’s leadership skills and industry experience, DHF Capital aims to enhance its sales capabilities and drive strategic initiatives forward. The company’s recent appointments, including Schneider and CFO Ali Jaffari, demonstrate its commitment to growth and innovation in the financial sector.

Reveal more about DHF Capital’s strategic appointments and partnerships driving innovation in asset management.

Nomura Bolsters EMEA Rates Trading with Ex-Deutsche Bank Exec

Nomura strengthened its EMEA rates trading with Hemish Shah’s appointment as Head of EMEA Flow Rates, leveraging his extensive experience from Deutsche Bank. Shah’s role focuses on spearheading growth and development, working closely with clients to enhance liquidity provision and develop trading strategies.

Richard Volpe, Nomura’s Global Head of Rates, highlights Shah’s expertise and strategic goals alignment, underscoring the firm’s commitment to bolstering regional capabilities. This move follows Nomura’s recent expansion into integrating credit offerings for institutional clients in the Americas, signaling a broader growth strategy.

In the third quarter of FY24, Nomura witnessed significant performance uplift, with a surge in net revenue and pre-tax income. Despite an annual pre-tax income dip, quarterly figures show notable growth, reflecting Nomura’s resilience and alignment with projected profit increases. The firm’s diversified revenue streams and strong retail trading performance contributed to this uplift, reinforcing its strategic positioning in the financial landscape.

Investigate more about Nomura’s strategic growth initiatives and financial performance in the evolving EMEA rates trading landscape.

IG Group Names New Chief Operating Officer and Chief Risk Officer

IG Group fills key leadership positions with internal promotions, appointing Jody Dunn as Chief Operating Officer (COO) and Sarah Gore Langton as Chief Risk Officer (CRO). Dunn, previously the Chief Risk Officer, brings over two decades of experience at IG, starting as a Sales Trader in 2002. Langton, formerly the Chief Compliance Officer, joined IG in 2015, demonstrating a strong track record in compliance and risk management. The appointments reflect IG’s commitment to recognizing internal talent and advancing gender diversity in leadership roles.

The management shuffle follows recent departures, including Jon Noble stepping down as COO and Charlie Rozes resigning as CFO. IG Group maintains its position as a leading retail forex and contracts for differences broker, reporting steady revenue growth in fiscal year 2024.

Despite challenges, such as workforce reductions and leadership transitions, IG Group remains focused on strategic initiatives under the leadership of CEO Breon Corcoran. With a renewed leadership team in place, IG Group continues its mission to deliver high-quality services in the financial markets.

Find out more about IG Group’s strategic leadership appointments and commitment to talent development.

Ben Bilski Leaves NAGA Group Only 3 Months after Merger with Capex.com

The NAGA Group’s Founder, Ben Bilski, announced his departure from the company, stepping down from the role of Chief Information Officer just three months after Capex.com’s acquisition of NAGA. While Bilski did not provide specific reasons for his departure, he cited his commitment to a new startup venture.

As a core founder of NAGA, Bilski reflected on his journey, emphasizing his dedication despite limited ownership stakes. He originally founded NAGA in 2015, evolving from his initial concept of SwipeStox, aiming to revolutionize the retail trading industry. Despite Bilski’s departure, NAGA’s trajectory continues under new leadership, with Capex.com’s CEO investing $9 million in the merged entity and assuming the role of Group CEO.

Identify more about the implications of Ben Bilski’s departure and the strategic direction of NAGA Group under new ownership.

This week has seen a slight decrease in the number of executive appointments across the forex, crypto, and fintech sectors, contrasting marginally with the activity of the previous week.

In recent executive moves we see a few changes: Baiju Bhatt stepped down as Robinhood’s Chief Creative Officer while remaining on the Board of Directors; Saxo Bank has been promoted Tara Tyan to Chief Operating Officer for the MENA region; James Rutter has transitioned from IG Group to tastytrade as Commercial Lead; while Susan Segal joined Robinhood’s Board of Directors; Navro appointed Colin Moss-Davies as Chief Revenue Officer.

And a few more: CMC Markets bid farewell to Chief Market Analyst Michael Hewson; Beeks welcomed Zech Kottilil as Technical Pre-Sales Specialist; N26 appointed Mayur Kamat as Chief Product Officer; DHF Capital tapped Philippe Schneider as Global Head of Sales; Nomura appointed Hemish Shah as Head of EMEA Flow Rates; IG Group promoted Jody Dunn to Chief Operating Officer and Sarah Gore Langton to Chief Risk Officer; Ben Bilski departed from NAGA Group following its merger with Capex.com, signaling changes in leadership amidst strategic acquisitions.

Explore the dynamic world of executive transitions in forex, cryptocurrency, and fintech with our weekly recap. Delve into the evolving panorama of leadership changes across the financial technology sector.

Co-Founder Baiju Bhatt Steps Down as Robinhood’s Chief Creative Officer

Robinhood Markets, Inc. (NASDAQ: HOOD) announced the departure of Co-Founder and Chief Creative Officer Baiju Bhatt after over a decade of service. Bhatt, instrumental in shaping Robinhood’s vision, cites a desire to explore new entrepreneurial ventures as his reason for stepping down. He reflected on Robinhood’s mission to democratize financial services, expressing gratitude for the opportunity to work with a dedicated team. Despite relinquishing his executive role, Bhatt remains on Robinhood’s Board of Directors, reaffirming his commitment to the company’s journey and mission.

Remaining dedicated to Robinhood’s mission, Bhatt’s transition underscores his enduring commitment to the company’s strategic direction. CEO Vlad Tenev acknowledges Bhatt’s pivotal role in Robinhood’s growth, praising his contribution to expanding market access for millions of new investors. As Robinhood navigates this leadership shift, Bhatt’s continued involvement ensures continuity in driving its mission of financial inclusion.

Reveal more about Baiju Bhatt’s legacy and Robinhood’s evolving leadership amidst its mission to democratize finance.

Saxo Bank Gets New COO for MENA Region with an Internal Promotion

Saxo Bank’s MENA division welcomed Tara Tyan as its Chief Operating Officer, marking an internal promotion within the company. With six years of tenure at Saxo Bank, Tyan brings a wealth of experience to her new role. Previously serving as the Regional Lead of Marketing in the Dubai office, Tyan’s career progression underscores her commitment and contributions to the brokerage. Her diverse background in forex and CFDs brokerage, coupled with her extensive marketing expertise, positions her well to navigate the challenges and opportunities in the MENA region.

Tyan’s appointment reflects Saxo Bank’s strategic focus on nurturing talent from within its ranks, signaling confidence in the capabilities of its internal team members. As Saxo Bank aims to bolster its presence and operations in the MENA region, Tyan’s leadership as COO is poised to drive growth and operational excellence. Her promotion underscores Saxo Bank’s commitment to empowering its employees and fostering career development opportunities within the organization.

Investigate more about Saxo Bank’s internal talent development strategies and its vision for expansion in the MENA region.

IG Group’s Deputy Chief of Staff James Rutter Joins tastytrade as Commercial Lead

James Rutter, former Deputy Chief of Staff at IG Group, has assumed the role of Commercial Lead at tastytrade, marking a significant transition in his career. Rutter’s tenure at IG Group, spanning over nine years, saw him hold various positions, showcasing his diverse expertise in equity and volatility derivatives trading, sales operations, and business development. His appointment at tastytrade underscores the firm’s focus on global expansion, particularly outside the US market.

tastytrade’s rebranding from Tastyworks, aligning with its affiliated financial network under IG Group, signifies a strategic shift for the brokerage firm. Acquired by IG Group for $1 billion in 2021, tastytrade’s integration into IG Group’s platform strengthens the group’s presence in online trading and financial education. However, amidst these developments, IG Group witnesses changes in its leadership, with the resignations of Chief Financial Officer Charlie Rozes and Chief Operating Officer Jon Noble, against a backdrop of revenue stagnation in the third quarter of fiscal year 2024.

Find out more about James Rutter’s transition and IG Group’s strategic maneuvers in the online trading and financial education sectors.

Robinhood Welcomes Susan Segal to Board of Directors

Robinhood (NASDAQ: HOOD) appointed Susan Segal to its Board of Directors, effective March 21, 2024. Segal’s addition is strategic, aligning her expertise with critical aspects of Robinhood’s operations. Serving on key committees, including Nominating and Corporate Governance, Segal strengthens the company’s governance framework. With her appointment, Robinhood’s board expands to nine directors, emphasizing its commitment to diverse perspectives and robust governance structures.

Segal’s appointment underscores transparency and independence, with no preexisting arrangements or familial ties with Robinhood’s current directors or executive officers. Her involvement in the Non-Employee Director Compensation Program ensures equitable remuneration for her contributions to the company’s growth. Segal’s impartial governance stance is evident, with no direct or indirect material interest in disclosed transactions.

Identify more about Robinhood’s strategic governance enhancements and continued growth in trading volumes.

Navro Taps Braintree and PayPal Veteran to Lead Sales and Revenue

Navro, a London-based payments firm, appointed Colin Moss-Davies as its Chief Revenue Officer (CRO), bringing his extensive fintech experience to the role. Moss-Davies, with a 25-year track record, notably served at Braintree Payments for a decade, playing a crucial role in its EMEA expansion post-PayPal acquisition. Navro’s CEO, Aran Brown, emphasizes Moss-Davies’ appointment as part of their commitment to hiring top talent to advance their payments curation platform.

Navro’s innovative payments curation platform aims to simplify cross-border payments for businesses, particularly in e-commerce and online platforms. Providing a single API and contract, Navro facilitates global payment services, enabling seamless operations and market expansion. Moss-Davies praises Navro’s platform for addressing complex payment challenges, signaling optimism for the company’s growth trajectory.

Expose more about Navro’s strategic appointments and its innovative approach to simplifying global payments.

CMC Markets’ Chief Analyst Michael Hewson Steps Down after 15 Years

Michael Hewson, Chief Marketing Analyst at CMC Markets, bid farewell after a remarkable 15-year tenure. Reflecting on his time, Hewson recounts major market events, including the global financial crisis, UK and US elections, and significant corporate stories. At CMC Markets, Hewson provided technical and fundamental insights, shaping daily analysis and educational content across various platforms. His departure coincides with CMC Markets’ workforce reduction of 17%, aiming to enhance cost efficiency.

CMC Markets’ strategic workforce reduction aims for annual savings of £21 million by fiscal year 2025. Despite a one-off cost of £2.5 million in fiscal year 2024, the brokerage anticipates an 18% reduction in staff costs. Despite challenges, CMC Markets raises its income forecast for fiscal year 2024, projecting revenues between £290 million and £310 million. However, the company faced a pre-tax loss of £2 million in the first half of the fiscal year, highlighting ongoing financial adjustments amidst market volatility.

Learn more about CMC Markets’ structural changes and Michael Hewson’s legacy in market analysis and education.

Beeks Appoints Nasdaq Veteran with 15 Years of Experience

Beeks, a provider of financial technology infrastructure, welcomes Zech Kottilil as their new Technical Pre-Sales Specialist. With over 15 years of experience from industry giants like Nasdaq and Amazon Web Services (AWS), Kottilil brings a wealth of knowledge and expertise to the Beeks team. In his new role, Kottilil will serve as a critical link between Beeks’ technical teams and their clients, leveraging his understanding of the financial industry’s technological needs to streamline the sales process and enhance customer support.

Kottilil’s appointment marks a milestone for Beeks, with CEO Gordon McArthur emphasizing his profound knowledge and experience with cloud technologies as instrumental for the company’s expansion. Kottilil’s vision for merging technology with finance aligns with Beeks’ mission to deliver solutions for low-latency capital markets and the financial services sector.

Discover more about Beeks’ strategic expansion and revenue growth with the appointment of Zech Kottilil and its recent financial performance.

N26 Taps Binance Tech Veteran as New Chief Product Officer

N26, in response to the growing demand for innovative banking solutions, named Mayur Kamat, former SVP and Global Head of Product at Binance, as its new Chief Product Officer (CPO). Kamat’s extensive experience at global tech giants like Google and Microsoft, coupled with his recent leadership role in cryptocurrency regulation at Binance, positions him to drive N26’s product strategy forward. With a focus on user experience and technological innovation, Kamat aims to enhance N26’s offering across spending, saving, investment, credit, and shared banking features.

N26’s expansion beyond core banking services in 2024 underscores its commitment to providing comprehensive financial solutions. With the introduction of instant savings accounts and brokerage features, N26 aims to cater to diverse customer needs while maintaining competitive pricing structures. Despite recent challenges, including a drop in valuation following stake sales, N26’s strategic initiatives signal its resilience and determination to drive growth in the evolving fintech landscape.

Display more about N26’s strategic move to elevate its product leadership with the appointment of Mayur Kamat as CPO.

DHF Capital Taps Seasoned Sales Expert to Lead Global Team

Luxembourg-based securitization company DHF Capital has appointed Philippe Schneider as its new Global Head of Sales. With over 20 years of experience in sales and business development, Schneider brings a wealth of knowledge to DHF Capital’s international investment house. His expertise includes leading sales teams, executing sales strategies, and expanding market presence.

Schneider expressed enthusiasm for his new role, aiming to drive exceptional results and value for DHF Capital’s investors and stakeholders. As the Global Head of Sales, Schneider will oversee sales functions, set and implement goals, coach teams, and maintain client relationships, ensuring quality and compliance.

Philippe Schneider’s appointment reflects DHF Capital’s strategic focus on strengthening its leadership team. With Schneider’s leadership skills and industry experience, DHF Capital aims to enhance its sales capabilities and drive strategic initiatives forward. The company’s recent appointments, including Schneider and CFO Ali Jaffari, demonstrate its commitment to growth and innovation in the financial sector.

Reveal more about DHF Capital’s strategic appointments and partnerships driving innovation in asset management.

Nomura Bolsters EMEA Rates Trading with Ex-Deutsche Bank Exec

Nomura strengthened its EMEA rates trading with Hemish Shah’s appointment as Head of EMEA Flow Rates, leveraging his extensive experience from Deutsche Bank. Shah’s role focuses on spearheading growth and development, working closely with clients to enhance liquidity provision and develop trading strategies.

Richard Volpe, Nomura’s Global Head of Rates, highlights Shah’s expertise and strategic goals alignment, underscoring the firm’s commitment to bolstering regional capabilities. This move follows Nomura’s recent expansion into integrating credit offerings for institutional clients in the Americas, signaling a broader growth strategy.

In the third quarter of FY24, Nomura witnessed significant performance uplift, with a surge in net revenue and pre-tax income. Despite an annual pre-tax income dip, quarterly figures show notable growth, reflecting Nomura’s resilience and alignment with projected profit increases. The firm’s diversified revenue streams and strong retail trading performance contributed to this uplift, reinforcing its strategic positioning in the financial landscape.

Investigate more about Nomura’s strategic growth initiatives and financial performance in the evolving EMEA rates trading landscape.

IG Group Names New Chief Operating Officer and Chief Risk Officer

IG Group fills key leadership positions with internal promotions, appointing Jody Dunn as Chief Operating Officer (COO) and Sarah Gore Langton as Chief Risk Officer (CRO). Dunn, previously the Chief Risk Officer, brings over two decades of experience at IG, starting as a Sales Trader in 2002. Langton, formerly the Chief Compliance Officer, joined IG in 2015, demonstrating a strong track record in compliance and risk management. The appointments reflect IG’s commitment to recognizing internal talent and advancing gender diversity in leadership roles.

The management shuffle follows recent departures, including Jon Noble stepping down as COO and Charlie Rozes resigning as CFO. IG Group maintains its position as a leading retail forex and contracts for differences broker, reporting steady revenue growth in fiscal year 2024.

Despite challenges, such as workforce reductions and leadership transitions, IG Group remains focused on strategic initiatives under the leadership of CEO Breon Corcoran. With a renewed leadership team in place, IG Group continues its mission to deliver high-quality services in the financial markets.

Find out more about IG Group’s strategic leadership appointments and commitment to talent development.

Ben Bilski Leaves NAGA Group Only 3 Months after Merger with Capex.com

The NAGA Group’s Founder, Ben Bilski, announced his departure from the company, stepping down from the role of Chief Information Officer just three months after Capex.com’s acquisition of NAGA. While Bilski did not provide specific reasons for his departure, he cited his commitment to a new startup venture.

As a core founder of NAGA, Bilski reflected on his journey, emphasizing his dedication despite limited ownership stakes. He originally founded NAGA in 2015, evolving from his initial concept of SwipeStox, aiming to revolutionize the retail trading industry. Despite Bilski’s departure, NAGA’s trajectory continues under new leadership, with Capex.com’s CEO investing $9 million in the merged entity and assuming the role of Group CEO.

Identify more about the implications of Ben Bilski’s departure and the strategic direction of NAGA Group under new ownership.