As the new year begins, a number of significant executive changes have been announced across various companies in the financial sector.
APM Markets, having transitioned from its previous identity as BUX Markets, has appointed Joshua Owen as its new Chief Executive Officer. This follows the acquisition of BUX’s UK operations by APM Capital based in the UAE, which also led to the rebranding of the company. Owen, who has been promoted from his prior position as Head of Trading, brings over four years of experience managing the contracts for differences (CFDs) division at his previous firm. Additionally, he has a background at Ayondo, where he worked for four years before his tenure at BUX.
In another notable appointment, Clive Kahn has taken over the role of Chief Executive Officer at Alpha Group International. His appointment comes after the resignation of Morgan Tillbrook, who left the company effective December 31, 2024. Kahn’s selection as CEO had been anticipated since the formal acknowledgment of the succession plan was made in September 2024, signaling a deliberate transition for the company’s leadership.
After the rebranding, APM Markets has also announced the addition of Nick Spencer-Skeen as its new Executive Director. Previously part of APM’s UAE operations for two and a half years, Spencer-Skeen will now take on responsibilities in London while simultaneously continuing his role as a Senior Executive Officer at the UAE division. His transition reflects the company’s broader expansion strategy.
Kama Capital has made an internal promotion as well, naming Mohammed Omayer as its new Head of Compliance. Omayer, who has been with the firm for over a year as a Compliance Officer, has a strong background in compliance management systems and financial regulation. He brings with him considerable experience from his previous roles, including his establishment of Chateau de Pile in France and a significant tenure at Global Market Index Limited in London, where he oversaw compliance measures.
In the wake of these leadership transitions, XTB S.A., a brokerage firm based in Warsaw, has announced that Jan Byrski will resign as Chairman of the Supervisory Board, effective January 15. His departure is linked to personal reasons. Byrski has played an instrumental role in steering XTB’s governance, contributing to the firm’s success in the busy online trading landscape. Although the company has yet to disclose any plans for his replacement, it is anticipated that they will act swiftly to ensure continuity in governance leadership.
These changes reflect a dynamic landscape within the financial services sector, characterizing the ongoing evolution and strategic reshuffling that often accompanies the onset of a new year. As each organization embarks on this new chapter, the impact of these appointments and resignations will be closely watched by stakeholders and industry observers alike.