FP Markets Replaces Global Business Development Head After Less Than a Year

​FP Markets has appointed Haris Sergiou as Global Head of Business Development, tasking the former Doo Group director with overseeing the CFD broker’s worldwide business development strategy as it continues expanding into new markets.

Sergiou will lead the global strategy and help broaden the firm’s reach, according to the company. “A lot to build, a lot to achieve, and I’m looking forward to what’s ahead,” he wrote on LinkedIn.

Sergiou previously served as Doo Group’s Business Development Director in Dubai from January 2024, overseeing sales strategies across MENA and parts of Asia. Before Doo Group, he spent about a year as Director of Business Development at Cyprus-based electric-vehicle charging company Faraday EVCS, and earlier spent three years at XM as Country Manager for Business Development in Dubai.

The appointment comes less than nine months after FP Markets named Elias Aaraj to the same position in December 2025. Aaraj’s LinkedIn profile indicates his tenure ended in July, though the company’s announcement did not address his departure. Aaraj previously spent nearly eight years at Tickmill, culminating in a C-level role, and three years at Saxo Bank.

Sergiou’s recent experience in MENA and Asian markets suggests a potential strategic shift in FP Markets’ regional focus. The new hire comes amid broader expansion and internal restructuring. In January, the Australian-headquartered broker said it planned to enter new regions and emerging markets while expanding its fintech, tools and product range.

In April, FP Markets told Finance Magnates that a broader organisational review affected less than 7% of its global workforce. Group Head of HR and People Culture Christina Koro said at the time that some roles had changed or been consolidated. The firm continued hiring in areas aligned with its strategic priorities. Founded in Sydney in 2005, the multi-regulated broker had over 300 employees globally as of mid-2025, including more than 100 in Cyprus.