Markets.com taps Dany Mawas as CEO of South Africa operations

abdelaziz Fathi

Finalto-owned brand Markets.com has appointed Dany Mawas as the new CEO of its South Africa operations.

Mawas brings over 15 years of experience in the finance industry, with a background in investor relations, sales, and management in the brokerage and asset management sectors. This appointment is part of Markets.com’s strategy to strengthen its presence in the South African market.

Finalto Group CEO Matthew Maloney highlighted Mawas’s previous achievements, including his role in expanding RaiseFX’s global presence and his successful tenure at FXCM as Managing Director for the UK & Africa region.

In his new role, Mawas aims to leverage Markets.com’s offerings, including its ODP license and trading platforms, to expand the business in the region. His approach focuses on establishing relationships with local partners and talent to offer tailored partnership solutions and trading conditions.

Matthew Maloney, Finalto Group CEO, further 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 Mawas added: “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.”

Dany has held key positions in the financial sector throughout his lengthy career that dates back to 2009. At RaiseFX, he served as the Group Chief Commercial Officer, contributing to the company’s global expansion in regions such as MENA, Southeast Asia, and Africa. During his tenure, the company opened 5 new offices globally within a span of 3 months.

Additionally, Dany has actively engaged with African financial media outlets, sharing his industry insights and perspectives on platforms like CNBC Africa, IOL News, and Africanews.

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