leading social trading-focused retail forex (FX) and contracts for difference (CFDs) broker, eToro, has made a strategic move to bolster its management team at eToro UK, its Financial Conduct Authority (FCA) licensed arm. The company recently hired Simon Cole, a seasoned finance professional, to serve as the Head of Finance UK.
Simon Cole brings a wealth of experience to eToro, having previously held the position of Chief Financial Officer (CFO) at Finveo UK for the past two years.
Prior to his role at Finveo, Simon Cole gained valuable experience in various finance-related positions at ADSS and CMC Markets. His extensive knowledge and expertise in the industry make him an excellent addition to eToro's management team.
The appointment of Simon Cole comes at a critical time for eToro, which experienced a significant decline in its valuation during recent private secondary sales of eToro shares. The company had attempted to go public last year but faced challenges in the process. Nonetheless, eToro remains one of the prominent players in the social trading, FX, and CFDs brokerage industry.
With Simon Cole's appointment, eToro aims to enhance its financial operations and strengthen its position in the UK market. The company continues to adapt and evolve in an ever-changing industry, ensuring that it remains at the forefront of innovation and customer satisfaction.
