Retail FX and CFDs broker Markets.com, part of the Finalto Group, has announced the appointment of Dany Mawas as the new CEO of Markets.com South Africa.
Dany Mawas brings over 15 years of international experience in the financial industry, with a focus on investor relations, sales and management in the brokerage and asset management sectors. The company said his appointment marks an important milestone in its journey to strengthen Markets.com’s presence in the South African market.
Matthew Maloney, CEO of Finalto Group, commented on the recruitment:
“We are delighted to welcome Dany to lead our business in South Africa. His unrivaled experience, excellent market knowledge and strong desire to achieve the best results for clients will help propel our business to new levels. Dany brings with him an experienced team and has the full support of Markets.com’s world-class infrastructure and product suite.”
Dany’s career highlights include his role as Group Chief Commercial Officer at RaiseFX, where he was instrumental in expanding the company’s global footprint, introducing and developing the brand across regions including MENA, Southeast Asia and Africa, and opening 5 new offices worldwide in less than 3 months. His efforts to seek strategic partnerships with Top Tier-1 Banks, Fintech companies and established fund managers have been key to this success.
In addition, his 8-year tenure at FXCM as UK Managing Director and Africa saw significant growth in transaction volume under his leadership. Dany is also a respected figure in the African financial media, regularly contributing to channels such as CNBC Africa, IOL News, Africanews and others. His experience and knowledge is expected to drive significant growth for Markets.com, fostering long-term relationships and collaboration with local talent and partners.
Commenting on his goals and plans for Markets.com, Dany said:
“I am excited to join such a world-renowned CFD broker and play a role in shaping its future growth. By combining strategic partnerships and superior customer service, we aim to transform the industry. offering unmatched trading terms and regulatory compliance solutions for all types of clients and brokerages.”
In his new role at Markets.com, Dany initially aims to leverage the company’s ODP license and diverse trading platforms to create a more accessible and fair trading environment for the region. This hire underscores Markets.com’s commitment to the continued expansion of the brand on a global scale. The cornerstone of this new leadership appointment is to forge strong, long-term relationships with local partners, merchants and talent, thereby strengthening our presence and trust in the region. This approach is not only about business development but also about cultivating a community of informed and empowered partners and merchants.
By providing tailored partnership solutions and excellent trading conditions, Markets.com said it aims to become the most popular platform for traders at all levels, democratizing access to financial markets. The company added that in 2024 its goal is clear: to establish Markets.com as the preferred trading platform in the region and strengthen Markets.com’s leadership position in terms of reliability, trading conditions and unwavering commitment to partners and our customers.