Jenny Zhao took over the role of CEO at Freetrade this week, and an update was shared today. Her appointment comes during a period of leadership transition at the company. This came after Victor Nebahaj announced earlier that he would step down from his position as CEO this summer after nine years in this position.
Jenny Zhao, Source: LinkedIn
The leadership change comes amid IG Group agreeing to acquire Freetrade for £160m, funded from its existing capital. Under the terms of the deal, Freetrade is expected to continue to operate as an independent company, giving IG Group greater access to the UK direct investment market and expanding its broader trading and investment offering.
Show more about Freetrade appoints Jenny Zhao as CEO.
Revolut hires chief risk officer at Coinbase for crypto push
In the fintech space, Revolut has appointed Michael Schroeder, former chief risk officer and managing director of Europe at Coinbase, as global head of cryptocurrency expansion. Schroeder spent nearly three years at Coinbase, where he oversaw regulatory and risk operations across Europe.
Michael Schroeder, Global Head of Cryptocurrency Extension, Revolut, Source: LinkedIn
His role will focus on licensing, regulatory readiness, operations and market launch. The appointment comes as companies across the sector continue to strengthen their regulatory and compliance capabilities, with Kraken recently appointing Andreas Roussos to lead its operations in Cyprus.
View more about Revolut’s Coinbase Risk Chief Hired for Cryptocurrency Push.
Scope Markets sees its third executive exit in a month
Meanwhile, GTCFX has appointed Manglai Manglai as Head of Trading Solutions. He joins from Scope Markets, part of Rostro Group, where he spent over six years in Cyprus in progressively more senior roles, most recently as Head of Trading Solutions from 2024.
The move marks the latest in a series of executive departures from the Scope brand. MAS Markets recently appointed Saul Knapp to the role of Chief Risk Officer, bringing him on from Scope Prime, where he served as Managing Director of Futures & Options and Group CRO.
Manglai Manglai, Source: LinkedIn
Separately, oneZero Financial Systems has appointed Lochlan White as Director of Sales and Relationship Management as it prepares to open its first Middle East office in Dubai.
Find out more about him Recent high-level executive changes at Scope Markets.
Marks appoints Alex Salomon to lead key services in Israel
Another executive move this week saw Marks Group appoint Alex Salomon to lead key services sales in Israel, marking the company’s first dedicated appointment on the ground in Tel Aviv. The move comes as the London-listed broker continues to expand its institutional business following its 2023 acquisition of Cowen’s flagship brokerage unit.
Alex Solomon, Source: LinkedIn
Salomon, based in Tel Aviv, will cover Israeli hedge funds, family offices, asset managers and other institutional clients. He will report to Marex’s core services sales team in EMEA and will be responsible for connecting local clients to the company’s global trading, custody and capital delivery platform.
Highlight more about Marks appoints Alex Solomon to lead key services sales in Israel.
Gavin Shea joins Longbridge as CEO, South East Asia
Finally, Gavin Chia has joined AI-focused online brokerage Longbridge as Singapore and Regional CEO for Southeast Asia. He will oversee the company’s expansion across the region, where it operates under a capital markets services license from the Monetary Authority of Singapore.
Gavin Shea
Chia joins after a short stint of about eight months as head of IG’s Singapore business. Before joining IG, Chia was one of the founding members of Futu Singapore, which operates under the moomoo brand. He joined as Managing Director in 2020 and later became CEO of Moomoo Singapore in June 2023.
Find out more about Gavin Shea moves to Longbridge as CEO, South East Asia.
Jenny Zhao took over the role of CEO at Freetrade this week, and an update was shared today. Her appointment comes during a period of leadership transition at the company. This came after Victor Nebahaj announced earlier that he would step down from his position as CEO this summer after nine years in this position.
Jenny Zhao, Source: LinkedIn
The leadership change comes amid IG Group agreeing to acquire Freetrade for £160m, funded from its existing capital. Under the terms of the deal, Freetrade is expected to continue to operate as an independent company, giving IG Group greater access to the UK direct investment market and expanding its broader trading and investment offering.
Show more about Freetrade appoints Jenny Zhao as CEO.
Revolut hires chief risk officer at Coinbase for crypto push
In the fintech space, Revolut has appointed Michael Schroeder, former chief risk officer and managing director of Europe at Coinbase, as global head of cryptocurrency expansion. Schroeder spent nearly three years at Coinbase, where he oversaw regulatory and risk operations across Europe.
Michael Schroeder, Global Head of Cryptocurrency Extension, Revolut, Source: LinkedIn
His role will focus on licensing, regulatory readiness, operations and market launch. The appointment comes as companies across the sector continue to strengthen their regulatory and compliance capabilities, with Kraken recently appointing Andreas Roussos to lead its operations in Cyprus.
View more about Revolut’s Coinbase Risk Chief Hired for Cryptocurrency Push.
Scope Markets sees its third executive exit in a month
Meanwhile, GTCFX has appointed Manglai Manglai as Head of Trading Solutions. He joins from Scope Markets, part of Rostro Group, where he spent over six years in Cyprus in progressively more senior roles, most recently as Head of Trading Solutions from 2024.
The move marks the latest in a series of executive departures from the Scope brand. MAS Markets recently appointed Saul Knapp to the role of Chief Risk Officer, bringing him on from Scope Prime, where he served as Managing Director of Futures & Options and Group CRO.
Manglai Manglai, Source: LinkedIn
Separately, oneZero Financial Systems has appointed Lochlan White as Director of Sales and Relationship Management as it prepares to open its first Middle East office in Dubai.
Find out more about him Recent high-level executive changes at Scope Markets.
Marks appoints Alex Salomon to lead key services in Israel
Another executive move this week saw Marks Group appoint Alex Salomon to lead key services sales in Israel, marking the company’s first dedicated appointment on the ground in Tel Aviv. The move comes as the London-listed broker continues to expand its institutional business following its 2023 acquisition of Cowen’s flagship brokerage unit.
Alex Solomon, Source: LinkedIn
Salomon, based in Tel Aviv, will cover Israeli hedge funds, family offices, asset managers and other institutional clients. He will report to Marex’s core services sales team in EMEA and will be responsible for connecting local clients to the company’s global trading, custody and capital delivery platform.
Highlight more about Marks appoints Alex Solomon to lead key services sales in Israel.
Gavin Shea joins Longbridge as CEO, South East Asia
Finally, Gavin Chia has joined AI-focused online brokerage Longbridge as Singapore and Regional CEO for Southeast Asia. He will oversee the company’s expansion across the region, where it operates under a capital markets services license from the Monetary Authority of Singapore.
Gavin Shea
Chia joins after a short stint of about eight months as head of IG’s Singapore business. Before joining IG, Chia was one of the founding members of Futu Singapore, which operates under the moomoo brand. He joined as Managing Director in 2020 and later became CEO of Moomoo Singapore in June 2023.
Find out more about Gavin Shea moves to Longbridge as CEO, South East Asia.
