In the early part of January 2025, there was a notable increase in executive shifts across various organizations. Among the changes, Myria Evdokimou has taken on the role of Head of Business Development & Partnerships at PLUGIT. She brings experience from previous positions, including an Executive Director role at FX CFD Investment Management, where her focus included customer relationships and strategic planning. Her background also involves consultancy work and a brief period as Chief Business Development Officer at Exclusive Capital.
In contrast, Bernardas Baciulis has departed from ADSS, where he was the Head of Product for New Initiatives since October 2022. Before that tenure, he spent several years with Saxo Capital Markets UK, enhancing his experience in product development and business analysis.
Further leadership changes were noted as Naga Markets appointed Juan Enrique Cadiñanos Moriano as Head of Europe and Education. Previously a freelance consultant in Madrid, Moriano has extensive experience from Admiral Markets Group, where he held various significant roles, including Country Manager.
Exegy also made headlines by enlisting Jim Fiesel as Chief Revenue Officer. Fiesel, who has a strong background in financial technology from positions held at Broadridge and other leading firms, is expected to leverage his expertise for growth.
In another notable promotion, Henry Durrant transitioned to the Chief Revenue Officer position at Reactive Markets, previously serving as the Head of Business Development. His work contributed to developing the firm’s OTC trading network for digital assets. Nick Jay recently joined TIOmarkets as Chief Operating Officer, expressing enthusiasm for contributing to the firm’s potential.
Equiti Group announced Navin Dsouza as the Chief Operating Officer for Digital Assets and Gold, based in Dubai. Dsouza’s prior experience includes senior roles at Dubai Financial Market, where he worked across various functions including risk management and post-trade operations.
Andreas Andreou has been appointed as Chief Sales Officer at INGOT Brokers. Alongside this role, he will continue managing a proprietary trading platform he co-founded after leaving BDSwiss.
Highlighting further departures and transitions, Phil Weisberg, founder of FXAll, is stepping away from his position at OneZero after five years of significant contributions. Meanwhile, Praxis Digital Trading appointed Bea Picciano as Chief Operating Officer, after her significant contributions as Senior Vice President for Operations.
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), is set to exit in February after a tenure marked by pivotal enforcement actions and discussions surrounding cryptocurrency regulation.
Moreover, CMC Markets announced Christopher Forbes as the new Head of Asia, a strategic consolidation of leadership across its various brands. His prior success at CMC’s Singapore office is expected to bolster operations in the broader Asia region.
These shifts reflect a dynamic landscape in the financial and trading sectors, with leaders taking on new challenges while others seek new opportunities. The transitions may herald changes in strategic direction and operational focus for these organizations, influencing their trajectories in the fast-evolving market environment.