SquaredFinancial snatches CFO from Capital.com

Rick Steves

During his time at Capital.com, he was also CFO at Currency.com, a regulated tokenized securities exchange. While as CFO at SquaredFinancial, Mr. Flangofas will remain Non-Executive Director at HYCM, acting as Chairman of the risk management committee.

Stathis Flangofas

SquaredFinancial has appointed Stathis Flangofas as Chief Financial Officer to help deliver innovative and strategic control-based financial management.

Mr. Flangofas is an experienced Chartered Certified Accountant(ACCA) with more than 12 years of experience. He will join the SF’s Executive Management team based in Cyprus from Capital.com, where he was Group CFO.

At Capital.com, Mr. Flangofas led the group’s financial planning, including managing Cash Flows and ensuring funds availability, Cysec & FCA reporting, monitoring the daily client funds reconciliation, and developing the yearly Business plan.

As CFO, he will be expected to provide leadership, direction, and management of the finance and accounting team, and engage the CEO in decision making. Internal controls, monthly budgets, monthly consolidated management accounts, relationships with external auditors, banks, and PSPs, are also under his scope.

During his time at Capital.com, he was also CFO at Currency.com, a regulated tokenized securities exchange. While as CFO at SquaredFinancial, Mr. Flangofas will remain Non-Executive Director at HYCM, acting as Chairman of the risk management committee.

Husam Al Kurdi, Chief Executive Officer at Squared Financial, commented: “Stathis is joining Squared at a very exciting time. We are seeing the strength of demand from private investors who want to access an expanded range of exceptional financial products. To be able to deliver this we need high-quality financial systems which are transparent, secure, and protect the clients as we continue to develop our business. We know Stathis is the person to deliver this for us.”

SquaredFinancial has recently promoted Philios Petrides to Chief Data Officer. He will be responsible to lead the digital transformation of the company with the goal of making the firm a leader in the development and application of enterprise data.

Covering the three interlinked areas of governance, operations, and business development, Mr. Petrides will focus on implementing the insights offered by big data to improve the products and services delivered to SquaredFinancial’s clients.

His career within the FX and CFD trading industry started at FxPro, where he worked for nearly five years, and then moved to EasyMarkets in 2018, before joining Scope Markets in 2019, always holding the same position of Head of Data & Business Intelligence.

Read this next

blockdag

BlockDAG Dashboard Update, A Step Towards Transparency Fuels FOMO in Crypto Whales, Presale Garners $32.8M Amid Retik Finance Listing

Discover why investors are choosing BlockDAG after its dashboard update and $32.8M presale, surpassing Retik Finance listing on Bitrue.

blockdag

Discover 5 Altcoins to Skyrocket Your Wealth This Cycle 🚀

The bull run of 2024 ignites fresh excitement for anyone looking to increase their wealth.

blockdag

BlastUP Presale Hits $7M; Final Days to Buy $BLP

BlastUP, the premier launchpad on Blast, has confirmed its robust utility by successfully launching its first IDOs. As its presale nears completion, it continues to garner significant attention from crypto enthusiasts. The amount of funds raised so far is approaching 7 million, and BlastUP already boasts a large and passionate community of supporters.

blockdag

BlockDAG Network: The Mobile Mining Revolutionizing Crypto Mining

A Simple Guide on How to Mine BDAG and its Benefits.

blockdag

BlockDAG’s $600M Masterplan Shocks the World: Outperforms Retik Finance After Jaw-Dropping Piccadilly Circus Spectacle

Discover how BDAG dominates the global market as Retik Finance struggles at launch, showcasing a robust $600M growth plan and securing strong investor confidence.

Education

Top Business Ide­as for Success in 2024

Looking for the best busine­ss ideas to start in 2024? Our guide will help you find promising options. We­ cover sectors like digital, we­llness, and green innovations se­t for growth next year. 

Digital Assets

Coinbase seeks to dismiss SEC lawsuit citing new crypto laws

Crypto exchange Coinbase has renewed its efforts to appeal a judge’s ruling in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing recent legislative developments in Congress.

Digital Assets

Elon Musk mourns Kabosu, Dogecoin responds with price jump

Dogecoin (DOGE) price climbed on Friday after the passing of Kabosu, the Shiba Inu who inspired the meme cryptocurrency.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FED, Eurozone Economic Outlook, US Dollar Index, May 24 ,2024

Despite positive US data, the Fed is likely to hold interest rates due to global slowdown concerns, lingering inflation, and internal disagreements. Markets expect potential cuts later in 2024.

<