FNG has learned more executive moves are underway at NAGA Retail FX and CFDs (ETR:N4G) group, ahead of rival Capex.com’s pending takeover of NAGA.
The latest NAGA executive to leave is Sam Chaney, NAGA’s Chief Commercial Officer. Sam Chaney joined NAGA Group last year after serving as Head of Sales Development for INFINOX for the previous five years. He also previously worked at Hantec Markets, OANDA and GFT.
Other executives to leave NAGA as (mostly) Capex.com people are brought in to run the combined company under new CEO Octavian Patrascu, such as former NAGA CEO Ben Bilski.
Sam Chaney posted the following note today on social media regarding his departure from NAGA.
A new chapter…
I have made the bittersweet decision to step down from my role as Chief Commercial Officer at Naga.
This decision marks the beginning of an exciting new chapter in my career.
During my tenure at Naga I have had the privilege of working alongside a great team, navigating major changes and contributing to the growth of the company.
The experiences I have gained and the relationships I have built have been truly invaluable.
It is rewarding to leave knowing that the company is well positioned for continued success.
The team should be proud of the resilience and adaptability they have shown during the merger of Naga with Capex.
As I close this chapter, I am filled with immense gratitude for the support, camaraderie and opportunities Naga has provided.
Looking ahead, I am excited to announce that I will be embarking on a new adventure very soon.
While I can’t share all the details yet, I look forward to taking on this next challenge and continuing to push the boundaries in our dynamic industry.
I look forward to sharing more with you all in the near future.
To my colleagues, partners and clients at Naga: thank you for being a part of this journey.
Here’s to new beginnings and endless possibilities ahead!