RCS - Capital.com - Ex-IG Group Head joins Capital.com, Currency.com

Lloyds BankingAnnouncement

16/05/2022 13:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220516:nRSP6283La&default-theme=true

RNS Number : 6283L  Capital.com  16 May 2022

The Group Encompassing Capital.com and Currency.com Appoints Peter
Hetherington as Its New Group CEO

LONDON, UK / ACCESWIRE / May 16, 2022 / The group containing Capital.com, the
high-growth global trading and investing platform leading the UK leveraged
trading industry in overall client satisfaction, has today announced the
appointment of Peter Hetherington as its new Group Chief Executive Officer
(CEO). Peter will succeed Jonathan Squires, who was Group CEO during the
Group's early growth phase. Subject to regulatory approval, Peter will assume
his new role from 16 May, 2022.

Please view image here.
(https://www.accesswire.com/users/newswire/images/701352/PeterHetheringtonN.jpeg)

Based in London, Peter will lead the group of companies comprising Capital.com
and Currency.com (hereafter referred to as the Group) on their continued
growth journey. The Group will soon add Shares.com, a dedicated share dealing
platform, to its group of companies.

As Group CEO, Peter will oversee the Group's expansion into new markets while
building a resilient, compliant operation supported by an experienced global
team of professionals.

Peter has over 25 years experience in the wealth and brokerage space. Most
recently, he was briefly the Chief Executive at Schroders Personal Wealth, a
joint venture between Lloyds Banking Group and Schroders. Prior to that, Peter
spent the bulk of his career at IG Group. He joined IG Group in 1994 and
served as its Group CEO from 2015 to 2018. He also held a number of senior
leadership roles including Chief Operating Officer for 15 years, and Dealing
Director. He has a BA in Economics from Nottingham University and a Masters in
Finance from the London Business School.

Commenting on Peter's appointment, Viktor Prokopenya, Founder, Capital.com and
Currency.com, said:

"We are delighted to welcome Peter onboard. With his extensive experience
driving strategy and growth for leading wealth and brokerage firms in highly
regulated markets, Peter is the ideal CEO to lead the Group on its next
chapter of growth and success."

Peter Hetherington, incoming Group CEO for the Group encompassing Capital.com
and Currency.com, said:

"I have known Viktor since 2015 and have been closely following the Group's
development. It was always going to take something special to persuade me back
into the industry and I am thrilled to join a company that is so uniquely
positioned. The Group provides a fantastic client experience along with a
genuinely innovative solution for trading and investing. I look forward to
working closely with the Group's talented professionals as we continue to
profitably grow the business and diversify our solutions while building our
presence in key markets."

The Group, which includes the multi-regulated Capital.com trading and
investing platform, has key offices located in the UK, Gibraltar, Singapore,
Australia, and Cyprus.

The Capital.com trading and investing platform enables clients in over 180
countries to trade contracts for difference (CFDs) across 6,000 markets and
invest directly in global stocks without paying any commission. In 2021, it
reported a 350% growth in its client base, making it one of Europe's fastest
growing investment trading platforms with more than 4 million registered
users.

Notes to Editors

About the Group encompassing Capital.com and Currency.com

The Group encompassing Capital.com and Currency.com is a high-growth
investment trading group of companies empowering people to participate in
financial markets. It does this by creating secure, low-friction, innovative
platforms that take the complexity out of investing.

This includes, among others, the award-winning Capital.com trading and
investing platform. Available on web and app, Capital.com offers investors and
traders a seamless trading experience to over 6,000 world-renowned markets.

The Group also encompasses Currency.com, a high-growth, crypto exchange
helping everyone securely connect with the booming world of cryptocurrencies.
An innovator in the fiat-to-crypto space, Currency.com allows investors to
buy, store and invest in top-traded cryptocurrencies.

Capital Com (UK) Limited is authorised and regulated by the Financial Conduct
Authority (FCA) under registration number 793714. Capital Com SV Investments
Limited is Authorised and regulated by the Cyprus Securities and Exchange
Commission (CySEC), under licence number 319/17. Capital Com Australia Limited
is authorised and regulated by the Australian Securities and Investments
Commission (ASIC) under AFSL Number 513393.

Currency Com US LLC is registered with FinCEN as a Money Services Business.
Its parent entity, Currency Com Limited, is authorised by the Gibraltar
Financial Services Commission to provide Distributed Ledger Technology
services under licence number 25032. Currency.com has offices located in
Cyprus, US, Gibraltar and Ukraine.

To find out more, please visit: www.capital.com (https://pr.report/VT1ZOyh6)
and www.currency.com. (https://pr.report/YMmexJdS)

SOURCE: Capital.com

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAESKFANAEFA