FCA and CySEC licensed Retail FX brokerage group FXTM has announced the appointment of Alexis (Lex) Webster as the company’s new Chief Commercial Officer. As CCO, Lex will be responsible for overseeing various functions within the company, including the Sales, Marketing, Market Research and Partnership Support departments.
Lex is a well-known figure in the financial services industry and has vast experience in sales, marketing and product development across retail derivatives and discount broking. Lex brings 18 years of considerable experience from international companies with him. Prior to joining FXTM, he held the role of Senior Vice President, Strategy & Execution for six years overseeing the FOREX.com retail brand of Gain Capital Holdings Inc (NYSE:GCAP).
The appointment marks a further expansion of FXTM’s footprint in the key UK forex market. FXTM launched a London-based, FCA regulated operation earlier this year.
LeapRate had reported exclusively back in March about Mr. Webster’s departure from FOREX.com and Gain Capital. Before joining GAIN Capital in 2011 he was Director of Business Development for LMAX from 2009-2011, and Director of Commercial Development for City Index (which was later acquired by GAIN Capital) from 2004-2009.
Welcoming Lex as Chief Commercial Officer, Nicholas Defteras, CEO of FXTM, said:
We are delighted to welcome Lex Webster as the newest member of FXTM. I believe that his extensive experience will not only help him further develop the departments that he oversees, I am also confident that he will heavily contribute to the strategic growth of our business on a global level.
Commenting on his appointment, Lex Webster added,
I am truly delighted to have joined the FXTM family. The company has developed itself on a global scale as a fast-growing and innovative brand within our industry, and I can’t wait to contribute further to its successful commercial development. FXTM has already achieved a great deal as a young company and I am ecstatic to be a part of this award-winning team.