Retail FX and CFDs broker Markets.com, part of the Finalto group, has announced the appointment of Dany Mawas as the new CEO of Markets.com South Africa.
Dany Mawas brings over 15 years of international experience in the finance industry, with a focus on investor relations, sales, and management within the brokerage and asset management sectors. The company said that his appointment marks a significant milestone in its journey towards strengthening Markets.com’s presence in the South African market.
Matthew Maloney, Finalto Group CEO, commented on the hire:
“We are delighted to welcome Dany to lead our South African business. His unrivalled experience, superb knowledge of the market and strong desire to achieve the best outcomes for clients will help drive our business to new levels. Dany brings with him an experienced team and has the full backing of the Markets.com world-class infrastructure and product suite.”
Dany’s career highlights include his role as Group Chief Commercial Officer at RaiseFX, where he was instrumental in expanding the company’s global footprint, introducing and developing the brand in various regions including the MENA, Southeast Asia, and Africa, and opening 5 new offices globally in less than 3 months. His efforts in seeking strategic partnerships with Top Tier-1 Banks, Fintech companies, and established funds managers were key to this success.
Additionally, his 8-year tenure at FXCM as Managing Director UK & Africa saw significant growth in trading volumes under his leadership. Dany is also a respected figure in the African financial media, regularly contributing to channels such as CNBC Africa, IOL News, Africanews and more. His experience and insights are expected to drive significant growth for Markets.com, fostering long-term relationships and collaboration with local talent and partners.
Referring to his goals and plans for Markets.com, Dany said:
“I am thrilled to join such a world-renowned CFD broker and play a role in shaping its future growth. By combining strategic partnerships and superior client service, we aim to transform the industry; offering unmatched trading conditions and regulatory compliance solutions for all types of clients and brokerages.”
In his new role at Markets.com, Dany first aims to leverage the company’s ODP licence and its diverse trading platforms to create a more accessible and fair trading environment for the region. This recruitment highlights Markets.com’s dedication to continually expanding the brand on a global scale. The cornerstone of this new leadership appointment is to forge robust, long-term relationships with local partners, traders, and talent, thereby reinforcing our presence and trust in the region. This approach is not just about business growth but also about nurturing a community of informed and empowered partners and traders.
By providing tailor-made partnership solutions and excellent trading conditions, Markets.com said it aims to become the go-to platform for traders at all levels, democratising access to financial markets. The company added that in 2024 its goal is clear: to establish Markets.com as the preferred trading platform in the region and to reinforce Markets.com’s leadership in terms of reliability, trading conditions, and unwavering commitment to our partners and clients.
