FNG has learned that another senior Doo Group employee has found a new home, with Cyprus based Retail FX and CFDs broker FXGlobe hiring Reginald (Reggie) Sherekete as its new Chief Risk Officer (CRO).
Reggie Sherekete joins FXGlobe as noted above from Doo Group, where he worked for the past three years, as Head of Risk. Reggie had also previously worked at Trade Capital Markets, and at Scope Markets.
We had exclusively reported earlier this year that the Doo Group had laid off its entire Cyprus based marketing department and was basically shuttering its Cyprus operation serving the various Doo Group online trading brands including D Prime. That occurred soon after a call center in Malaysia servicing D Prime clients in China and across the Far East was raided by police, as part of a wider operation in the country targeting financial scams.
Since then a number of senior executives at the group have left, some for roles at other CFDs brokers, in various locations including in the UAE.
The FXGlobe brand operates both a CySEC-licensed operation from website fxglobe.eu, and an offshore (Vanuatu) brokerage under the same brand and name at fxglobe.com. The group’s subsidiary APLFX (PTY) LTD also holds an FSP license from South Africa regulator Financial Services Conduct Authority (FSCA).
