London-based FX and CFDs brokerage company ActivTrades has made its newest senior appointment, strengthening its Dubai branch. Per the latest move, Georges Batrouni will be promoted to ActivTrades’ Senior Executive Officer (SEO), FortuneZ has learned.
The elevation represents the appointment of a veteran specialist in the Middle East and North Africa (MENA) region. Batrouni will be based out of Dubai, leveraging his years of experience across the financial services industry, with a focus on the MENA region.
Batrouni originally joined ActivTrades back in 2012. The past six years have seen him focus on the group’s successful penetration and growth in the MENA region, while also helping expand its market footprint. “My appointment as SEO is something we had always planned and now is the best time, strategically, to fully adopt the role,” explained Batrouni.
Overall, Mr. Batrouni boasts over a decade of experience across the financial services industries, including several stops at leading venues including JPMorgan Chase and others. This has included an emphasis on structured products and FX. Despite the promotion, ActivTrades former SEO, Ricardo Evangelista, will remain a key member of the company.
Evangelista left Dubai to return to London, where he will be instrumental in helping launch a number of new projects and initiatives for ActivTrades.
“The Middle Eastern market has proven to be a major region for ActivTrades and we have seen significant growth since we opened our office 15 months ago. We have great things planned to further increase our presence such as our informative seminars and popular Online Academy across the GCC and MENA. We see great things to come,” reiterated Batrouni.
The news marks a string of notable developments at ActivTrades over the past month. Back in May, The company announced that it was launching a new type of accounts that is designated to accommodate traders that are more experienced.
ActivTrades has also seen an expansion over the past year, having also recently reported its full-year financials for 2017. The disclosure showed a healthy uptick in revenues, which included an increase in R&D spending. Between 2017 and 2018, the company considerably increased its development efforts, to revamp its trading platform, ActivTrader. A new version of ActivTrader will be released this summer for web, iOS, and Android.