This week witnessed a slight uptick in executive appointments, promotions, and transitions across forex, multi-asset trading service providers, digital assets, and securities exchanges, compared to the executive moves in the financial sector last week.
The latest executive moves in the financial sector highlight important transitions and strategic appointments. The moves begin with the departure of PrimeX Broker Deputy General Manager Mustafa Basil; the appointment of Former HyperTrader COO Mike Diedrichs to BOSONIC as
CRO; the promotion of Lucian Lauerman as OANDA Deputy Chief Operating
Officer; the transition of Taurex’s Former Executive Jeffrey Navarro to AvaTrade; Naomi Rarmani returns to eToro as Head of Compliance
Operations; Taurex promotes Mark Sheng as Commercial
Director; ASX announced Board changes: Wayne Byres joins, Yasmin Allen steps down.
Dive into the dynamic landscape of executive movements in the forex, multi-asset trading services, digital assets, and securities sectors through our weekly executive summary. Explore the unfolding leadership transitions in these crucial segments.
Executive Moves of the Week
PrimeX Broker Deputy General Manager Mustafa Basil Announces Departure
Mustafa Basil, Source: LinkedIn
Mustafa Basil recently announced his departure from PrimeX
Broker, marking the end of a significant chapter in his career.
Based in Dubai, Basil served as the Deputy
General Manager from May 2023 to April 2024 and as the Marketing Manager from August 2022 to May 2023. With
an educational background in Laser and Optical Engineering, Basil’s
departure from PrimeX Broker leaves the financial community curious about his
next steps.
Find out more about Mustafa Basil’s exit from PrimeXBroker.
BOSONIC Appoints Former HyperTrader COO Mike Diedrichs as
CRO
Mike Diedrichs stepped into the role of Chief Revenue
Officer at BOSONIC, signaling a new phase of growth for the organization.
Before his tenure at BOSONIC, Diedrichs amassed valuable experience in
leadership roles across prominent organizations. Notably, his time as Chief
Operating Officer and Head of Business Development at HyperTrader underscores
his industry experience.
Mike Diedrichs, Source: LinkedIn
His diverse career path includes stints as a Corporate
Strategy Consultant and Chief Business Development Officer at Fluent Finance,
where his expertise in marketing strategy and business development contributed
to the company’s success. Diedrichs’s journey in the financial sector also
includes pivotal roles at NEST Financial Group, where he demonstrated
proficiency in market penetration and operational excellence.
Display more about BOSONIC’s appointment of Former HyperTrader COO Mike Diedrichs as
CRO and his wealth of experience for the new role.
OANDA Promotes Lucian Lauerman as Deputy Chief Operating
Officer
OANDA, a leading online multi-asset trading service
provider, announced the promotion of Lucian Lauerman to Deputy Chief Operating
Officer, marking a strategic move within the company’s leadership team. Lucian
Lauerman’s tenure at OANDA has been marked by significant contributions and
growth. Initially, Lauerman joined the firm as the Head of Data Services in
2019 before his subsequent role as the Head of Digital Assets.
Lucian Lauerman, Source: LinkedIn
In addition to Lauerman’s promotion, OANDA experienced
leadership changes earlier this year. Jessica Beckstead, CEO of OANDA US, expanded her role as the Head of FX Data Services. With an extensive
background in the financial services industry, Beckstead brings over two
decades of experience to her expanded responsibilities, emphasizing the
importance of data-driven insights in today’s financial markets.
Expose more about Lucian Lauerman’s promotion to the role of Deputy Chief Operating Officer and his remarkable career background.
Taurex’s Former Executive Jeffrey Navarro Moves to AvaTrade
The forex industry witnesses a notable executive move as
Jeffrey Navarro, a seasoned expert, moves from his former role as Head of LATAM
at Taurex to assume the position of LATAM Regional Manager at AvaTrade, marking
a significant shift in leadership within the sector.
Jeffrey Navarro’s expertise in the forex industry spans
various key roles, including his tenure at Taurex, Tickmill, AxiCorp, and Forex
Capital Markets. His diverse experience and leadership capabilities position
him as a valuable asset for AvaTrade’s expansion efforts in the LATAM region.
Jeffrey Navarro, Source: LinkedIn
Meanwhile, Taurex undergoes its own transformations, including rebranding initiatives and strategic funding rounds aimed at enhancing its technological capabilities. With plans to strengthen its presence in both consumer and business markets, Taurex remains poised for continued growth and innovation in the evolving forex landscape.
Reveal more about Taurex Former Executive Jeffrey Navarro’s transition to AvaTrade.
eToro Welcomes Back Naomi Rarmani as Head of Compliance
Operations
eToro
announces the return of Naomi Rarmani as the Head of Compliance Operations. Rarmani’s
career trajectory highlights her expertise in compliance and operational
management. Before rejoining eToro, she held key roles at Rapyd and Fundbox,
where she honed her skills in regulatory compliance and risk management.
Notably, her earlier tenure at eToro saw her rise from a Customer Care
Representative to a Compliance Team Leader, demonstrating her leadership
capabilities and dedication over nine years.
Naomi Rarmani, Source: LinkedIn
While welcoming Rarmani back into its fold, eToro is
actively pursuing regulatory approval in Singapore, with an application
submitted to the Monetary Authority of Singapore (MAS). Despite being
headquartered in Israel, eToro maintains a global presence with regulatory
licenses across multiple countries, including the United Kingdom, Cyprus, and
Germany.
Find out more about Naomi Rarmani’s return to eToro as Head of Compliance Operations and recent developments in the multi-asset investment firm.
Taurex Promotes Industry Veteran Mark Sheng as Commercial
Director
Taurex, formerly Zenfinex, announces the promotion of Mark
Sheng to the position of Commercial Director, leveraging his extensive industry
experience and leadership acumen after serving as Head of APAC. Mark Sheng’s
career trajectory showcases his expertise in the forex and CFD brokerage
sphere, having held key roles at prominent firms such as Ec Markets, Trade
Nation, OvalX, and ActivTrades.
Mark Sheng, Source: LinkedIn
Taurex’s rebranding signifies a pivotal moment in the
company’s evolution, aligning with its commitment to offering robust trading
solutions amidst technological advancements. Under the leadership of CEO Nick
Cooke, Taurex emphasizes the convergence of technology and trading, introducing
innovative tools and platforms to enhance the trading experience for its global
community.
Read more about Mark Sheng’s promotion as Commercial Director at Taurex and the firm’s recent rebranding effort.
ASX Announces Board Changes: Wayne Byres Joins, Yasmin Allen
Steps Down
ASX Limited (ASX) unveils significant changes to its Board
with the appointment of Wayne Byres as a non-executive Director while Yasmin
Allen prepares to retire after years of dedicated service. Wayne Byres, a
seasoned figure in financial services regulation, joined ASX’s Board with over
three decades of experience. His background includes notable positions such as
Chair of the Australian Prudential Regulation Authority (APRA) and Secretary
General of the Basel Committee on Banking Supervision.
Wayne Byres, Source: LinkedIn
Simultaneously, ASX announces the impending retirement of
Yasmin Allen, who has served on the Board since February 2015. Damian Roche,
Chair of ASX Limited, commends Allen for her invaluable contributions and
steadfast dedication, noting her keen commercial perspective and
shareholder-centric approach throughout her tenure.
Discover more about ASX’s new Board changes and the appointment of Wayne Byres.
This week witnessed a slight uptick in executive appointments, promotions, and transitions across forex, multi-asset trading service providers, digital assets, and securities exchanges, compared to the executive moves in the financial sector last week.
The latest executive moves in the financial sector highlight important transitions and strategic appointments. The moves begin with the departure of PrimeX Broker Deputy General Manager Mustafa Basil; the appointment of Former HyperTrader COO Mike Diedrichs to BOSONIC as
CRO; the promotion of Lucian Lauerman as OANDA Deputy Chief Operating
Officer; the transition of Taurex’s Former Executive Jeffrey Navarro to AvaTrade; Naomi Rarmani returns to eToro as Head of Compliance
Operations; Taurex promotes Mark Sheng as Commercial
Director; ASX announced Board changes: Wayne Byres joins, Yasmin Allen steps down.
Dive into the dynamic landscape of executive movements in the forex, multi-asset trading services, digital assets, and securities sectors through our weekly executive summary. Explore the unfolding leadership transitions in these crucial segments.
Executive Moves of the Week
PrimeX Broker Deputy General Manager Mustafa Basil Announces Departure
Mustafa Basil, Source: LinkedIn
Mustafa Basil recently announced his departure from PrimeX
Broker, marking the end of a significant chapter in his career.
Based in Dubai, Basil served as the Deputy
General Manager from May 2023 to April 2024 and as the Marketing Manager from August 2022 to May 2023. With
an educational background in Laser and Optical Engineering, Basil’s
departure from PrimeX Broker leaves the financial community curious about his
next steps.
Find out more about Mustafa Basil’s exit from PrimeXBroker.
BOSONIC Appoints Former HyperTrader COO Mike Diedrichs as
CRO
Mike Diedrichs stepped into the role of Chief Revenue
Officer at BOSONIC, signaling a new phase of growth for the organization.
Before his tenure at BOSONIC, Diedrichs amassed valuable experience in
leadership roles across prominent organizations. Notably, his time as Chief
Operating Officer and Head of Business Development at HyperTrader underscores
his industry experience.
Mike Diedrichs, Source: LinkedIn
His diverse career path includes stints as a Corporate
Strategy Consultant and Chief Business Development Officer at Fluent Finance,
where his expertise in marketing strategy and business development contributed
to the company’s success. Diedrichs’s journey in the financial sector also
includes pivotal roles at NEST Financial Group, where he demonstrated
proficiency in market penetration and operational excellence.
Display more about BOSONIC’s appointment of Former HyperTrader COO Mike Diedrichs as
CRO and his wealth of experience for the new role.
OANDA Promotes Lucian Lauerman as Deputy Chief Operating
Officer
OANDA, a leading online multi-asset trading service
provider, announced the promotion of Lucian Lauerman to Deputy Chief Operating
Officer, marking a strategic move within the company’s leadership team. Lucian
Lauerman’s tenure at OANDA has been marked by significant contributions and
growth. Initially, Lauerman joined the firm as the Head of Data Services in
2019 before his subsequent role as the Head of Digital Assets.
Lucian Lauerman, Source: LinkedIn
In addition to Lauerman’s promotion, OANDA experienced
leadership changes earlier this year. Jessica Beckstead, CEO of OANDA US, expanded her role as the Head of FX Data Services. With an extensive
background in the financial services industry, Beckstead brings over two
decades of experience to her expanded responsibilities, emphasizing the
importance of data-driven insights in today’s financial markets.
Expose more about Lucian Lauerman’s promotion to the role of Deputy Chief Operating Officer and his remarkable career background.
Taurex’s Former Executive Jeffrey Navarro Moves to AvaTrade
The forex industry witnesses a notable executive move as
Jeffrey Navarro, a seasoned expert, moves from his former role as Head of LATAM
at Taurex to assume the position of LATAM Regional Manager at AvaTrade, marking
a significant shift in leadership within the sector.
Jeffrey Navarro’s expertise in the forex industry spans
various key roles, including his tenure at Taurex, Tickmill, AxiCorp, and Forex
Capital Markets. His diverse experience and leadership capabilities position
him as a valuable asset for AvaTrade’s expansion efforts in the LATAM region.
Jeffrey Navarro, Source: LinkedIn
Meanwhile, Taurex undergoes its own transformations, including rebranding initiatives and strategic funding rounds aimed at enhancing its technological capabilities. With plans to strengthen its presence in both consumer and business markets, Taurex remains poised for continued growth and innovation in the evolving forex landscape.
Reveal more about Taurex Former Executive Jeffrey Navarro’s transition to AvaTrade.
eToro Welcomes Back Naomi Rarmani as Head of Compliance
Operations
eToro
announces the return of Naomi Rarmani as the Head of Compliance Operations. Rarmani’s
career trajectory highlights her expertise in compliance and operational
management. Before rejoining eToro, she held key roles at Rapyd and Fundbox,
where she honed her skills in regulatory compliance and risk management.
Notably, her earlier tenure at eToro saw her rise from a Customer Care
Representative to a Compliance Team Leader, demonstrating her leadership
capabilities and dedication over nine years.
Naomi Rarmani, Source: LinkedIn
While welcoming Rarmani back into its fold, eToro is
actively pursuing regulatory approval in Singapore, with an application
submitted to the Monetary Authority of Singapore (MAS). Despite being
headquartered in Israel, eToro maintains a global presence with regulatory
licenses across multiple countries, including the United Kingdom, Cyprus, and
Germany.
Find out more about Naomi Rarmani’s return to eToro as Head of Compliance Operations and recent developments in the multi-asset investment firm.
Taurex Promotes Industry Veteran Mark Sheng as Commercial
Director
Taurex, formerly Zenfinex, announces the promotion of Mark
Sheng to the position of Commercial Director, leveraging his extensive industry
experience and leadership acumen after serving as Head of APAC. Mark Sheng’s
career trajectory showcases his expertise in the forex and CFD brokerage
sphere, having held key roles at prominent firms such as Ec Markets, Trade
Nation, OvalX, and ActivTrades.
Mark Sheng, Source: LinkedIn
Taurex’s rebranding signifies a pivotal moment in the
company’s evolution, aligning with its commitment to offering robust trading
solutions amidst technological advancements. Under the leadership of CEO Nick
Cooke, Taurex emphasizes the convergence of technology and trading, introducing
innovative tools and platforms to enhance the trading experience for its global
community.
Read more about Mark Sheng’s promotion as Commercial Director at Taurex and the firm’s recent rebranding effort.
ASX Announces Board Changes: Wayne Byres Joins, Yasmin Allen
Steps Down
ASX Limited (ASX) unveils significant changes to its Board
with the appointment of Wayne Byres as a non-executive Director while Yasmin
Allen prepares to retire after years of dedicated service. Wayne Byres, a
seasoned figure in financial services regulation, joined ASX’s Board with over
three decades of experience. His background includes notable positions such as
Chair of the Australian Prudential Regulation Authority (APRA) and Secretary
General of the Basel Committee on Banking Supervision.
Wayne Byres, Source: LinkedIn
Simultaneously, ASX announces the impending retirement of
Yasmin Allen, who has served on the Board since February 2015. Damian Roche,
Chair of ASX Limited, commends Allen for her invaluable contributions and
steadfast dedication, noting her keen commercial perspective and
shareholder-centric approach throughout her tenure.
Discover more about ASX’s new Board changes and the appointment of Wayne Byres.
