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Retail FX and CFDs broker has announced another addition to a long list of new hires, hiring Cape Town based executive Fabian Frantz to the role of Business Development Director for its operations in South Africa. He will be reporting directly to Group Chief Commercial Officer, Wael Hammad, ensuring a cohesive and focused approach to the company’s expansion strategies in the South African market.

Fabian Frantz joins from INFINOX where he worked as Senior Business Developer in South Africa for the past two years. He had also previously served in a similar role for JP Markets.

Wael Hammad XS CCOWael Hammad, Group Chief Commercial Officer, shared his thoughts on this strategic appointment:

“Fabian’s promotion to Business Development Director is a reflection of his outstanding performance and leadership qualities. He possesses a unique blend of market insight, strategic acumen, and the ability to drive growth, which are essential for our expansion in South Africa. I am confident that under Fabian’s leadership, will achieve new heights in business development and customer engagement. His appointment is integral to our ongoing efforts to strengthen our global footprint and underscores our commitment to nurturing and promoting talent from within our ranks.”

Reacting to his new appointment, Fabian Frantz expressed enthusiasm and determination:

“I am deeply honored and excited to take on the role and reach new heights with in South African region. My focus will be on developing innovative strategies to expand our market presence, strengthen customer relationships, and deliver exceptional value to our clients and stakeholders in this dynamic market.”


Originally established in Australia in 2010, is now headquartered in both Cyprus and the UAE. Recent additions at began with Mohamad Ibrahim coming on board as the Group’s new CEO earlier this year. Other recent hires include Ahmed Negm as’s new Head of Market Research for the MENA region, exec Wael Hammad as CCO, ex IQ Option exec Stephanie Michael as Global Head of HR, and FxPro executive Despina Iapona named to head PR and Branding.

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