Exclusive FNG… Further to our cover earlier this week of changes to Retail FX and CFDS broker markets.com, FNG has learned that Markets.com has called Andreas Kyriacou as its new CEO. Andreas will officially serve as CEO of CYSEC’s Safecap Investments Ltd, with the additional hiring of a CEO team that is possible in the near future.
Andreas Kyriacou joined Markets.com late last year as Safecap Investments Ltd. Before joining Markets.com / Safecap, Andreas worked on FXGLOBE and IRONFX.
The move comes after the recent departure of now-former markets.com CEO Stavros Anastasiou from the company. Stavros was Managing Director of Markets.com since the company was acquired in 2022 by Gopher Investments based at Hong Kong, along with Markets.com’s B2B Finalto sister of B2B Finalto.
A spokesman for Markets.com told FNG,
“Andreas brings more than 10 years of experience to the financial services industry, with a strong specialization in funding, accounting and international taxation.
“As Managing Director, he is responsible for providing strategic leadership, supervision of overall business activities and ensuring the company’s objectives are effectively achieved in alignment with regulatory standards and expectations of those concerned.”
The Markets.com brand operates with licenses issued in Cyprus (Cysec), South Africa (FSCA) and St Vincent & The Grenadines (FSA).