FNG has learned that Sophie Squillacioti has left her position as Head of China at Dubai Retail FX and CFDS Broker Multibank to take on a similar role in the offshore Broker Uxo. Its official title in Uexo will be the head of Asia.

Sophie Squillacioti joined Multibank last year by Equiti Group, where he was a sales manager – APAC. One of the most experienced executives of the FX and CFDs industry in the Greater Apac area, Sophie was also previously asian head of Infinox and BDSWISS. Since 2019-2021 he was in Blackbull markets as Chinese Managing Director. Other previous roles include Managing Director, head of the country for the largest China at Halifax Investment Services, Managing Director, China at ACM Group PLC and CEO, Head of China and APAC Sales At City Index.

Uexo is mainly managed by Cyprus, but acts as an offshore CFDS broker. Earlier this year we mentioned that Uexo hired FXGLOBE and HFM Alum Frank Zeggelink for business development.

Sophie published the following note today on social media about her transition to UXO.

I am very happy to announce that I have joined UEXO Global as head of Asia. Excited that my legs are firmly established behind the Asian market and work with a truly fantastic team throughout the area and worldwide. Creating brand, teams, relationships and good … a business!

This industry has evolved so dramatically over the last two decades it is easy to overcome what is fundamentally a business driven by relationships. It’s time to come back, evaluate and take it all back to the basics.

Let’s go guys! … You know who you are 😉