The MAS Group has recently announced the appointment of a new Head of Sales, Olivia Zhang, who will operate from Sydney. With a strong background in both retail and institutional markets, Zhang is expected to lead the company’s sales initiatives effectively. Her experience in the financial services industry includes significant roles in various trading sectors, most recently as part of the Institutional Sales team at CMC Markets in Sydney, where she concentrated on foreign exchange (FX) and contracts for difference (CFD) trading.
In her role, Zhang is tasked with building and managing a dynamic sales team that aims to drive growth, broaden the client base, and enhance the company’s regional presence. Harry Fry, the Head of APAC, expressed confidence in Zhang’s expertise, emphasizing its importance as the company continues to expand its success.
Additionally, the organization has recently added Ryan Jan to its team as an Operations Executive in Sydney. This strategic hiring is anticipated to bolster support and services for their global clients. The growth of the workforce is aligned with the company’s positive performance in 2024, which has seen several critical appointments.
Prior to joining the MAS Group, Zhang co-founded Novax Global, a brokerage firm regulated by the Australian Securities and Investments Commission (ASIC), where she led efforts in developing innovative trading solutions. Her foundational career experience at BCR also greatly contributed to her understanding of retail trading, further enhancing her industry knowledge.
The MAS Group comprises three principal entities: MAS Markets, MAS Digital, and MAS Fund. These branches provide a range of services including liquidity, digital trading, and fund management, tailored specifically for institutional clients on a global scale.
In addition to internal appointments, the MAS has recently taken steps to strengthen regulations within the cryptocurrency sector by granting licenses to key exchanges. For example, Gemini received approval for a Major Payment Institution (MPI) license, allowing it to offer cross-border money transfer and digital payment token services within Singapore. Similarly, BitGo, known for its crypto infrastructure solutions, has also secured a Major Payment Institution License from the regulator.
The recent developments at MAS Group highlight its commitment to expanding its capabilities and enhancing client services, positioning the firm for future growth and success in an increasingly competitive marketplace.