Exclusive FNG… FNG has learned that long-time ICM.com executive Moh Issapoor has stepped down from the board of ICM Capital Limited, the group’s London-based, FCA-licensed unit.
Moh Issapoor has been with ICM since 2014, serving as the company’s Operations Manager for the past 10 years. He also became a Director of ICM Capital in 2018.
We reported in February that ICM Capital, the arm of UK brokerage brand ICM.com, had decided to exit retail and focus on professional clients after two consecutive years of losses. Client money held by ICM Capital had fallen at the end of 2022 to just £530,791, from £4.27m in 2021 and £6.09m the previous year.
ICM.com is controlled by founder and CEO Shoaib Abedi, through the Luxembourg holding company ICM Holding SARL.