Executive Moves of the Week: Leadership Shifts at FYNXT, Acuity Trading, IG Group and Markets.com
The below are selected highlights of last week's executive transitions, including significant leadership shifts across the banking, trading, and FinTech sectors.
FYNXT, a leading fintech platform for FX/CFD brokers and financial institutions, has announced the appointment of Vasudevan Murugesan as Chief Technology Officer (CTO). With over two decades of experience in enterprise SaaS and product leadership, Vasu joins FYNXT to drive its next phase of technical and organizational scale.
As CTO, Vasu will lead FYNXT's technology strategy and product development roadmap - focusing on scalable architecture, accelerated product delivery, and continuous innovation across the platform. His expertise spans high-growth fintech environments where platform resilience, modularity, and speed-to-market are critical.
Broker - Vince De Castro Joins Acuity Trading as New Director of Marketing
Vince De Castro, an executive with significant experience in FX and CFDs industry marketing, has departed from his role as Chief Marketing Officer (CMO) at TopFX and has joined Acuity Trading as its new Director of Marketing.
Mr. De Castro had joined TopFX last year following a period as a marketing consultant for the firm, brought in as part of a management revamp under new CEO Victor Zachariades. His career in the brokerage sector spans over a decade, including previous senior marketing positions at companies such as OneRoyal, NAGA, FXPrimus, Orbex, and easyMarkets.
Institutional - IG Group's Head of Emerging Markets APAC Departs
Karman Wong, who served as Head of Emerging Markets APAC for IG Group, has left the company. Ms. Wong's primary responsibilities at IG Group involved business with clients in mainland China.
Ms. Wong spent over 12 years with IG Group, having initially joined as a Sales Trader in 2013. In 2016, she was promoted to Vice President China, a role that saw her based in IG's Shanghai offices for two years.
Broker - Markets.com CEO Stavros Anastasiou Steps Down
Stavros Anastasiou has reportedly departed from his position as CEO of the retail FX and CFDs broker Markets.com. His departure follows a two-year tenure as CEO, a role he assumed after Markets.com and institutional B2B provider Finalto were acquired by Hong Kong-based Gopher Investments from Playtech.
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