Business
Appointment of Chief Financial Officer
Appointment of Chief Financial Officer.
About this update from Cmc Markets Plc
[{"type":"text","content":"\n\n4th September 2023\nAppointment of Albert Soleiman as Chief Financial Officer\nCMC Markets Plc (\"CMC\" or the \"Group\"), a leading global provider of online (\"D2C\") trading and (\"B2B\") platform technology, today announces that Mr Albert Soleiman has been appointed as Chief Financial Officer ('CFO') and Executive Director* with effect from 1st September 2023.\nAlbert first joined CMC in 2005 having qualified as a Chartered Accountant with KPMG and became Group Head of Tax in 2008. In 2019 he joined Bitfury UK Limited as Global Tax Director before rejoining CMC in 2020 to lead the launch of the CMC Invest business. CMC Invest is a key element of our strategy to diversify the business and leverage our technologies and which enables our clients to generate long-term wealth through its investing platforms.\nEuan Marshall, CMC's current CFO, retired from the Board on the same date but will remain with the Group for the next few months to support the orderly transition of the CFO role, as communicated on 7 July 2023.\nJames Richards, Chairman of CMC, commented:\n\"Albert has a deep knowledge of the Group which will support the execution of our diversification strategy. We have worked closely with Albert as he has developed the CMC Invest business and I look forward to working with him as a Board member.\"\nAlbert Soleiman commented:\n\"I am delighted to be taking on the role of CFO of CMC and look forward to working with the Group Board to drive the Group's strategy. I am excited about playing my part in delivering that strategic vision and enhancing efficiencies within the business\".\n \nLEI Number: 213800VB75KAZBFH5U07\nThis announcement is made pursuant to Listing Rule 9.6.11.\nIn accordance with paragraph LR 9.6.13R of the Listing Rules, CMC confirms there is no further information to be disclosed in terms of LR 9.6.13R (1) to LR 9.6.13R (6) inclusive in respect of Albert Soleiman.\n* The appointment is subject to regulatory approval.\nEND\nEnquiries\nCMC Markets Plc\nDavid Fineberg, Deputy Chief Executive Officer\[email protected]\nMedia enquiries\nCamarco\nGeoffrey Pelham-Lane / Jennifer Renwick Tel: 020 3757 4994\nNotes:\nRemuneration Arrangements\nEuan Marshall\nEuan Marshall will receive his salary and benefits up until the end of his notice period. Euan's deferred CIP awards will lapse.\...