Business

Coinbase, eToro, NAGA and More: Executive Moves of the Week

This week witnessed a notable rise in executive appointments within the forex, crypto, and fintech industries, showing a slight difference compared to last week’s activity.

The executive moves of the week encompass a diverse range of appointments within the financial sector. This includes the following changes: Nana Murugesan has assumed the role of President at Matter Labs; Louise Unger has transitioned to the Financial Markets Authority as the Executive Director for Response and Enforcement; Loukia Matsia joined NAGA as Head of Compliance; Mark Evans has taken on the role of Head of Corporate Development at IG Group; Martin Grant joins Binance.US’s Board of Directors; James Hardcastle has become the Vice President and Head of Sales for the Asia Pacific region at Options Technology; Qianyue Dai has been promoted to VP and Senior Manager Retail for China and Japan at StoneX; Jeffrey Navarro has bid farewell to Taurex as Head of LATAM; and finally, Shalom Berkovitz concluded his directorship at eToro (UK) Limited after seven years. These moves reflect strategic advancements and leadership transitions across various firms in the financial industry, shaping their trajectories in the global market.

Discover the ever-changing landscape of executive shifts within the realms of forex, cryptocurrency, and fintech through our weekly summary. Take a closer look at the developing scene of leadership transitions within the financial technology industry.

Executive Moves of the Week

Nana Murugesan

Nana Murugesan, Source: LinkedIn

Coinbase’s Former Executive Nana Murugesan Named President of Ethereum Scaling Firm

Nana Murugesan, the former Vice President at Coinbase, has assumed the role of President at Matter Labs, a leading Ethereum scaling solution firm. Murugesan’s extensive experience, including leadership roles at Snap and Samsung Electronics, positions him to spearhead Matter Labs’ operations, focusing on marketing, communication, finance, and legal aspects. Alex Gluchowski, Matter Labs’ Co-Founder and CEO, emphasized Murugesan’s pivotal role in advancing blockchain scalability: “His expertise will be instrumental in advancing our vision to scale
blockchain technology to a mainstream audience, powered by zero-knowledge
technology.”

Murugesan’s diverse background in electrical engineering, computer engineering, and business administration equips him to drive engineering solutions at Matter Labs. With over 60 employees spanning 35 countries, Murugesan aims to accelerate blockchain adoption, particularly through Matter Labs’ zero-knowledge technology, facilitating secure and scalable transactions. Murugesan expressed enthusiasm for the opportunity, highlighting the significance of zkSync in enabling practical blockchain applications and expanding the ecosystem globally.

Investigate more about Nana Murugesan’s mission to advance blockchain scalability and foster the ongoing financial revolution at Matter Labs.

Louise Unger

Louise Unger, Source: LinkedIn

After 12 Years at Bank of New Zealand, Financial Expert Joins FMA

The Financial Markets Authority (FMA) has appointed Louise Unger as the Executive Director for Response and Enforcement, tapping into her extensive experience in financial services law and regulation. Transitioning from her role as the General Manager of the Credit branch at the Commerce Commission, Unger brings a wealth of expertise in overseeing the implementation of regulatory acts and leading risk and compliance teams.

The FMA has reinforced its enforcement efforts with Unger’s appointment amidst a rise in financial crimes, particularly impostor schemes targeting unsuspecting individuals. While overall scam reports decreased, the surge in imposter websites necessitates heightened vigilance. Recent incidents, including imposters posing as the UK’s Financial Conduct Authority, underscore the need for caution. In response, the FMA has warned against unregulated platforms like AxonExchange and suspends Equitise Pty Ltd’s crowdfunding license, signaling its commitment to safeguarding investors and maintaining market integrity.

Find out more about Louise Unger’s pivotal role in enhancing FMA’s enforcement capabilities and the regulator’s proactive measures to address emerging financial threats.

Loukia Matsia

Loukia Matsia, Source: LinkedIn

NAGA Welcomes Former Tickmill Leader Loukia Matsia as New Head of Compliance

Loukia Matsia has assumed the role of Head of Compliance and Anti-Money Laundering (AML) at NAGA, expressing her enthusiasm for this career transition on LinkedIn. With extensive experience at Tickmill Europe Ltd where she served as Head of Compliance and AML, Matsia brings a wealth of expertise to her new position. Her tenure at Tickmill was marked by effective management of compliance operations and a commitment to upholding AML regulations.

Before her leadership role at Tickmill, Matsia served as a Compliance Officer, focusing on AML compliance for over three years. Her dedication to regulatory standards earned her recognition within the industry. With a background spanning various roles in reputable financial institutions, including the Account Manager at 24option and the Head of Administration and HR at CommexFX, Matsia demonstrated versatile skills and leadership capabilities.

Identify more about NAGA’s recent leadership transition and its implications for the company’s compliance operations and regulatory strategy.

Mark Evans

Mark Evans, Source: LinkedIn

IG Group Appoints Mark Evans as Head of Corporate Development

IG Group has named Mark Evans as its Head of Corporate Development, transitioning him from his previous role as Head of Consumer Insights and Strategy. With over six years of experience within the London-based forex and CFD trading firm, Evans brings a wealth of knowledge to his new position. His extensive career includes stints at prominent institutions such as Barclays Bank and BDO UK LLP, reflecting a robust background in finance and business advisory roles.

The appointment of Evans follows a series of significant changes within IG Group’s leadership team, including the recent appointments of Jody Dunn as the Chief Operating Officer and Sarah Gore Langton as the Chief Risk Officer. These shifts occur as Charlie Rozes and Jon Noble, the former Chief Financial Officer and the Chief Operating Officer, respectively, depart from their roles. Rozes and Noble’s exits coincide with Breon Corcoran’s ascension to the CEO role earlier this year, as the company navigates both leadership transitions and stable financial performance.

Expose more about IG Group’s strategic leadership changes and the implications for its corporate development amidst stable financial results.

Martin Grant. Source: LinkedIn

Martin Grant. Source: LinkedIn

Binance.US Enlists New York’s Former Fed Compliance Chief for Board

Binance.US has appointed Martin Grant, the former Chief Compliance and Ethics Officer of the Federal Reserve Bank of New York, to its Board of Directors. With over three decades of regulatory expertise, Grant’s tenure at the New York Fed underscores his deep understanding of compliance frameworks. Norman Reed, Binance.US’ Interim CEO, emphasized Grant’s addition as a testament to the company’s commitment to compliance and integrity, crucial in navigating regulatory complexities. Grant expressed enthusiasm about shaping the future of the American digital asset industry through Binance.US.

Amid regulatory challenges, Binance.US faces layoffs and financial losses, stemming from legal actions by the SEC. Accusations of mishandling customer funds and offering unregistered securities have led to operational disruptions. Grant’s appointment signals Binance.US’s strategic response to regulatory pressures, aiming to reinforce compliance measures and position the platform for sustainable growth.

Learn more about Binance.US’s regulatory challenges and strategic appointments amidst the evolving landscape of digital assets.

James Hardcastle

James Hardcastle, Source: LinkedIn

18 Years of Fidessa Experience Lands Industry Veteran Top Job at Options Technology

Options Technology, a leading provider of capital markets infrastructure solutions, has named James Hardcastle as its new Vice President and Head of Sales for the Asia Pacific (APAC) region. With over 25 years of industry expertise, including 18 years at Fidessa, Hardcastle brings a wealth of knowledge to his role. He has a proven track record in software SaaS, hardware, infrastructure IaaS, and managed services, spanning both traditional finance and emerging finance markets.

Hardcastle’s appointment underscores Options Technology’s commitment to expanding its presence in the APAC region. He will leverage his extensive experience to drive sales growth and enhance the company’s market position. Danny Moore, the President and CEO of Options, expressed confidence in Hardcastle’s ability to deliver exceptional results, citing his successful track record in complex sales environments.

Discover more about James Hardcastle’s strategic role in spearheading Options Technology’s sales growth and market expansion across the APAC region.

StoneX Promotes Qianyue Dai as VP, Senior Manager Retail for China and Japan

StoneX, the FX and CFD brokerage firm, elevates Qianyue Dai to VP and Senior Manager of Retail for China and Japan. Dai, with over three years at StoneX, previously held roles such as Manager for Sales and Client Management and Senior Manager of Retail for China. With a background in GAIN Capital, Dai brings valuable industry experience to her new position.

StoneX Group’s Q1 in the fiscal year 2024 showcased robust performance, with $74.6 million in operating revenue from forex and CFD offerings, marking an uplift of 53% year-over-year (Y-o-Y). Retail sales of FX and CFD contracts contributed significantly, reaching $66 million, a rise of 68% Y-o-Y. Despite a decline of 15% in average daily volume, profitability per trade surged 73% to $109, reflecting positive financial outcomes. StoneX’s recent expansion into retail FX and CFD industry, facilitated by the acquisition of GAIN Capital, positions the firm as a significant industry player.

Display more about StoneX’s strategic moves and Qianyue Dai’s elevated role in shaping the firm’s presence in China and Japan.

ASIC

This Regulator Bids Farewell to Long-Serving Top Executives

The Australian Securities and Investments Commission (ASIC) has undergone significant leadership changes to drive its ongoing transformation. Notably, ASIC’s CEO, Warren Day, has transitioned to the Commonwealth Director of Public Prosecutions on secondment, while Greg Yanco assumed the Interim CEO role. Tim Mullaly, the Executive Director of Enforcement and Compliance, announced his retirement, marking the end of his instrumental 25-year tenure. ASIC acknowledged their pivotal roles and has initiated searches for new Executive Directors to continue its evolution.

Amidst these changes, ASIC celebrates a milestone victory in combating greenwashing, reinforcing its commitment to regulatory integrity. Additionally, ASIC has strengthened its executive team with new appointments and restructuring, highlighting its dedication to modernization and strategic alignment. The departure of longstanding leaders marks a new chapter for ASIC, as it seeks exceptional talent to propel its transformative journey forward.

Reveal more about ASIC’s leadership transitions and strategic advancements amidst its commitment to regulatory excellence.

Katina Messinis, Global Sales VP at Exinity

Katina Messinis, Global Sales VP at Exinity

GCEX Strengthens UAE Team with New Sales Director

GCE Exchange FZE (GCEX), a digital prime brokerage and part of the GCEX Group, has reinforced its presence in the United Arab Emirates (UAE) by appointing Katina Messinis as the Sales Director for the region. With a robust background in cultivating strong client relationships across the Middle East, Africa, Southeast Asia, and Latin America, Messinis brings a wealth of experience to her new role.

In her capacity as Sales Director, Messinis will be stationed at GCEX’s Dubai office, focusing on expanding the firm’s client base. This includes catering to a diverse clientele comprising brokers, hedge funds, family offices, and professional traders. Leveraging her expertise, Messinis will provide clients with access to deep liquidity in digital assets and a comprehensive suite of proprietary technology solutions. Notably, this appointment comes at a pivotal moment for GCEX, following its recent acquisition of an Operational Virtual Asset Service Provider license from Dubai’s Virtual Assets Regulatory Authority.

Investigate more about GCEX’s strategic moves in enhancing its UAE operations and expanding its clientele with Messinis at the helm.

Jeffrey Navarro

Jeffrey Navarro, Source: LinkedIn

Taurex’s Head of LATAM Jeffrey Navarro Announces Departure

Jeffrey Navarro, the Head of LATAM (Latin America) at Taurex, bid farewell to the company after over two years in the role. Navarro expressed gratitude to his colleagues, marking his departure on LinkedIn. He has transitioned to a new professional phase, highlighting Taurex’s exceptional LATAM team performance.

Navarro’s departure coincides with Taurex’s rebranding from Zenfinex, along with a $15 million Series B funding round led by Oscar Hilt Tatum IV. The investment aims to enhance proprietary technology, including a mobile app and web platform slated for 2024 release. Funds will also fuel team expansion, regulatory compliance, and marketing efforts. This underscores Taurex’s commitment to growth amidst significant revenue increase and ongoing technology investments.

Find out more about Jeffrey Navarro’s departure and Taurex’s strategic investment for future growth.

Shalom Berkovitz

Shalom Berkovitz, Source: LinkedIn

eToro UK Concludes Directorship of Shalom Berkovitz after Seven Years

eToro (UK) Limited has bid farewell to Shalom Berkovitz, concluding his seven-year tenure as one of its directors. Berkovitz, boasting three decades of professional experience, retired in February 2023 but continues to serve as a director for several subsidiaries within the eToro Group. Prior to his time at eToro, Berkovitz held esteemed leadership roles, including CEO positions at DSNR Media Group and d-Group, along with notable stints at Golden Pages Israel and Eurocom Communications.

In a strategic move to bolster its global operations, eToro has appointed seasoned professionals to key positions and secured regulatory approval in vital markets. In France, Inès de Dinechin joins as a Special Adviser, leveraging her extensive boardroom experience. Meanwhile, Massimo Citoni’s promotion to Regional Manager strengthens eToro’s presence in Italy.

Identify more about eToro’s strategic initiatives and Berkovitz’s legacy amidst its global expansion efforts.

This week witnessed a notable rise in executive appointments within the forex, crypto, and fintech industries, showing a slight difference compared to last week’s activity.

The executive moves of the week encompass a diverse range of appointments within the financial sector. This includes the following changes: Nana Murugesan has assumed the role of President at Matter Labs; Louise Unger has transitioned to the Financial Markets Authority as the Executive Director for Response and Enforcement; Loukia Matsia joined NAGA as Head of Compliance; Mark Evans has taken on the role of Head of Corporate Development at IG Group; Martin Grant joins Binance.US’s Board of Directors; James Hardcastle has become the Vice President and Head of Sales for the Asia Pacific region at Options Technology; Qianyue Dai has been promoted to VP and Senior Manager Retail for China and Japan at StoneX; Jeffrey Navarro has bid farewell to Taurex as Head of LATAM; and finally, Shalom Berkovitz concluded his directorship at eToro (UK) Limited after seven years. These moves reflect strategic advancements and leadership transitions across various firms in the financial industry, shaping their trajectories in the global market.

Discover the ever-changing landscape of executive shifts within the realms of forex, cryptocurrency, and fintech through our weekly summary. Take a closer look at the developing scene of leadership transitions within the financial technology industry.

Executive Moves of the Week

Nana Murugesan

Nana Murugesan, Source: LinkedIn

Coinbase’s Former Executive Nana Murugesan Named President of Ethereum Scaling Firm

Nana Murugesan, the former Vice President at Coinbase, has assumed the role of President at Matter Labs, a leading Ethereum scaling solution firm. Murugesan’s extensive experience, including leadership roles at Snap and Samsung Electronics, positions him to spearhead Matter Labs’ operations, focusing on marketing, communication, finance, and legal aspects. Alex Gluchowski, Matter Labs’ Co-Founder and CEO, emphasized Murugesan’s pivotal role in advancing blockchain scalability: “His expertise will be instrumental in advancing our vision to scale
blockchain technology to a mainstream audience, powered by zero-knowledge
technology.”

Murugesan’s diverse background in electrical engineering, computer engineering, and business administration equips him to drive engineering solutions at Matter Labs. With over 60 employees spanning 35 countries, Murugesan aims to accelerate blockchain adoption, particularly through Matter Labs’ zero-knowledge technology, facilitating secure and scalable transactions. Murugesan expressed enthusiasm for the opportunity, highlighting the significance of zkSync in enabling practical blockchain applications and expanding the ecosystem globally.

Investigate more about Nana Murugesan’s mission to advance blockchain scalability and foster the ongoing financial revolution at Matter Labs.

Louise Unger

Louise Unger, Source: LinkedIn

After 12 Years at Bank of New Zealand, Financial Expert Joins FMA

The Financial Markets Authority (FMA) has appointed Louise Unger as the Executive Director for Response and Enforcement, tapping into her extensive experience in financial services law and regulation. Transitioning from her role as the General Manager of the Credit branch at the Commerce Commission, Unger brings a wealth of expertise in overseeing the implementation of regulatory acts and leading risk and compliance teams.

The FMA has reinforced its enforcement efforts with Unger’s appointment amidst a rise in financial crimes, particularly impostor schemes targeting unsuspecting individuals. While overall scam reports decreased, the surge in imposter websites necessitates heightened vigilance. Recent incidents, including imposters posing as the UK’s Financial Conduct Authority, underscore the need for caution. In response, the FMA has warned against unregulated platforms like AxonExchange and suspends Equitise Pty Ltd’s crowdfunding license, signaling its commitment to safeguarding investors and maintaining market integrity.

Find out more about Louise Unger’s pivotal role in enhancing FMA’s enforcement capabilities and the regulator’s proactive measures to address emerging financial threats.

Loukia Matsia

Loukia Matsia, Source: LinkedIn

NAGA Welcomes Former Tickmill Leader Loukia Matsia as New Head of Compliance

Loukia Matsia has assumed the role of Head of Compliance and Anti-Money Laundering (AML) at NAGA, expressing her enthusiasm for this career transition on LinkedIn. With extensive experience at Tickmill Europe Ltd where she served as Head of Compliance and AML, Matsia brings a wealth of expertise to her new position. Her tenure at Tickmill was marked by effective management of compliance operations and a commitment to upholding AML regulations.

Before her leadership role at Tickmill, Matsia served as a Compliance Officer, focusing on AML compliance for over three years. Her dedication to regulatory standards earned her recognition within the industry. With a background spanning various roles in reputable financial institutions, including the Account Manager at 24option and the Head of Administration and HR at CommexFX, Matsia demonstrated versatile skills and leadership capabilities.

Identify more about NAGA’s recent leadership transition and its implications for the company’s compliance operations and regulatory strategy.

Mark Evans

Mark Evans, Source: LinkedIn

IG Group Appoints Mark Evans as Head of Corporate Development

IG Group has named Mark Evans as its Head of Corporate Development, transitioning him from his previous role as Head of Consumer Insights and Strategy. With over six years of experience within the London-based forex and CFD trading firm, Evans brings a wealth of knowledge to his new position. His extensive career includes stints at prominent institutions such as Barclays Bank and BDO UK LLP, reflecting a robust background in finance and business advisory roles.

The appointment of Evans follows a series of significant changes within IG Group’s leadership team, including the recent appointments of Jody Dunn as the Chief Operating Officer and Sarah Gore Langton as the Chief Risk Officer. These shifts occur as Charlie Rozes and Jon Noble, the former Chief Financial Officer and the Chief Operating Officer, respectively, depart from their roles. Rozes and Noble’s exits coincide with Breon Corcoran’s ascension to the CEO role earlier this year, as the company navigates both leadership transitions and stable financial performance.

Expose more about IG Group’s strategic leadership changes and the implications for its corporate development amidst stable financial results.

Martin Grant. Source: LinkedIn

Martin Grant. Source: LinkedIn

Binance.US Enlists New York’s Former Fed Compliance Chief for Board

Binance.US has appointed Martin Grant, the former Chief Compliance and Ethics Officer of the Federal Reserve Bank of New York, to its Board of Directors. With over three decades of regulatory expertise, Grant’s tenure at the New York Fed underscores his deep understanding of compliance frameworks. Norman Reed, Binance.US’ Interim CEO, emphasized Grant’s addition as a testament to the company’s commitment to compliance and integrity, crucial in navigating regulatory complexities. Grant expressed enthusiasm about shaping the future of the American digital asset industry through Binance.US.

Amid regulatory challenges, Binance.US faces layoffs and financial losses, stemming from legal actions by the SEC. Accusations of mishandling customer funds and offering unregistered securities have led to operational disruptions. Grant’s appointment signals Binance.US’s strategic response to regulatory pressures, aiming to reinforce compliance measures and position the platform for sustainable growth.

Learn more about Binance.US’s regulatory challenges and strategic appointments amidst the evolving landscape of digital assets.

James Hardcastle

James Hardcastle, Source: LinkedIn

18 Years of Fidessa Experience Lands Industry Veteran Top Job at Options Technology

Options Technology, a leading provider of capital markets infrastructure solutions, has named James Hardcastle as its new Vice President and Head of Sales for the Asia Pacific (APAC) region. With over 25 years of industry expertise, including 18 years at Fidessa, Hardcastle brings a wealth of knowledge to his role. He has a proven track record in software SaaS, hardware, infrastructure IaaS, and managed services, spanning both traditional finance and emerging finance markets.

Hardcastle’s appointment underscores Options Technology’s commitment to expanding its presence in the APAC region. He will leverage his extensive experience to drive sales growth and enhance the company’s market position. Danny Moore, the President and CEO of Options, expressed confidence in Hardcastle’s ability to deliver exceptional results, citing his successful track record in complex sales environments.

Discover more about James Hardcastle’s strategic role in spearheading Options Technology’s sales growth and market expansion across the APAC region.

StoneX Promotes Qianyue Dai as VP, Senior Manager Retail for China and Japan

StoneX, the FX and CFD brokerage firm, elevates Qianyue Dai to VP and Senior Manager of Retail for China and Japan. Dai, with over three years at StoneX, previously held roles such as Manager for Sales and Client Management and Senior Manager of Retail for China. With a background in GAIN Capital, Dai brings valuable industry experience to her new position.

StoneX Group’s Q1 in the fiscal year 2024 showcased robust performance, with $74.6 million in operating revenue from forex and CFD offerings, marking an uplift of 53% year-over-year (Y-o-Y). Retail sales of FX and CFD contracts contributed significantly, reaching $66 million, a rise of 68% Y-o-Y. Despite a decline of 15% in average daily volume, profitability per trade surged 73% to $109, reflecting positive financial outcomes. StoneX’s recent expansion into retail FX and CFD industry, facilitated by the acquisition of GAIN Capital, positions the firm as a significant industry player.

Display more about StoneX’s strategic moves and Qianyue Dai’s elevated role in shaping the firm’s presence in China and Japan.

ASIC

This Regulator Bids Farewell to Long-Serving Top Executives

The Australian Securities and Investments Commission (ASIC) has undergone significant leadership changes to drive its ongoing transformation. Notably, ASIC’s CEO, Warren Day, has transitioned to the Commonwealth Director of Public Prosecutions on secondment, while Greg Yanco assumed the Interim CEO role. Tim Mullaly, the Executive Director of Enforcement and Compliance, announced his retirement, marking the end of his instrumental 25-year tenure. ASIC acknowledged their pivotal roles and has initiated searches for new Executive Directors to continue its evolution.

Amidst these changes, ASIC celebrates a milestone victory in combating greenwashing, reinforcing its commitment to regulatory integrity. Additionally, ASIC has strengthened its executive team with new appointments and restructuring, highlighting its dedication to modernization and strategic alignment. The departure of longstanding leaders marks a new chapter for ASIC, as it seeks exceptional talent to propel its transformative journey forward.

Reveal more about ASIC’s leadership transitions and strategic advancements amidst its commitment to regulatory excellence.

Katina Messinis, Global Sales VP at Exinity

Katina Messinis, Global Sales VP at Exinity

GCEX Strengthens UAE Team with New Sales Director

GCE Exchange FZE (GCEX), a digital prime brokerage and part of the GCEX Group, has reinforced its presence in the United Arab Emirates (UAE) by appointing Katina Messinis as the Sales Director for the region. With a robust background in cultivating strong client relationships across the Middle East, Africa, Southeast Asia, and Latin America, Messinis brings a wealth of experience to her new role.

In her capacity as Sales Director, Messinis will be stationed at GCEX’s Dubai office, focusing on expanding the firm’s client base. This includes catering to a diverse clientele comprising brokers, hedge funds, family offices, and professional traders. Leveraging her expertise, Messinis will provide clients with access to deep liquidity in digital assets and a comprehensive suite of proprietary technology solutions. Notably, this appointment comes at a pivotal moment for GCEX, following its recent acquisition of an Operational Virtual Asset Service Provider license from Dubai’s Virtual Assets Regulatory Authority.

Investigate more about GCEX’s strategic moves in enhancing its UAE operations and expanding its clientele with Messinis at the helm.

Jeffrey Navarro

Jeffrey Navarro, Source: LinkedIn

Taurex’s Head of LATAM Jeffrey Navarro Announces Departure

Jeffrey Navarro, the Head of LATAM (Latin America) at Taurex, bid farewell to the company after over two years in the role. Navarro expressed gratitude to his colleagues, marking his departure on LinkedIn. He has transitioned to a new professional phase, highlighting Taurex’s exceptional LATAM team performance.

Navarro’s departure coincides with Taurex’s rebranding from Zenfinex, along with a $15 million Series B funding round led by Oscar Hilt Tatum IV. The investment aims to enhance proprietary technology, including a mobile app and web platform slated for 2024 release. Funds will also fuel team expansion, regulatory compliance, and marketing efforts. This underscores Taurex’s commitment to growth amidst significant revenue increase and ongoing technology investments.

Find out more about Jeffrey Navarro’s departure and Taurex’s strategic investment for future growth.

Shalom Berkovitz

Shalom Berkovitz, Source: LinkedIn

eToro UK Concludes Directorship of Shalom Berkovitz after Seven Years

eToro (UK) Limited has bid farewell to Shalom Berkovitz, concluding his seven-year tenure as one of its directors. Berkovitz, boasting three decades of professional experience, retired in February 2023 but continues to serve as a director for several subsidiaries within the eToro Group. Prior to his time at eToro, Berkovitz held esteemed leadership roles, including CEO positions at DSNR Media Group and d-Group, along with notable stints at Golden Pages Israel and Eurocom Communications.

In a strategic move to bolster its global operations, eToro has appointed seasoned professionals to key positions and secured regulatory approval in vital markets. In France, Inès de Dinechin joins as a Special Adviser, leveraging her extensive boardroom experience. Meanwhile, Massimo Citoni’s promotion to Regional Manager strengthens eToro’s presence in Italy.

Identify more about eToro’s strategic initiatives and Berkovitz’s legacy amidst its global expansion efforts.

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