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Screenshot of a breaking news alert e-mail from Q2 2017
LeapRate Exclusive… LeapRate has learned that Rowena Harris-Doughty has left her role as Marketing Director at Retail FX broker Destek Markets, to become Marketing Manager at deliverable spot FX dealer Monex Europe.
Not to be confused with either Monex Group Inc. (TYO:8698), the publicly traded Japanese FX broker or Indonesia-based PT Monex Investindo Futures, Monex Europe is the UK arm of Mexico-based The Monex Group (BMV: MONEXB), a diversified financial services company which is one of the world’s largest deliverable currency providers. It makes foreign exchange and international payments worth $191 billion a year, and has assets of $3.9 billion.
In 2012 The Monex Group acquired London-based FX deliverables provider Schneider Foreign Exchange for $100 million, later rebranding it Monex Europe Ltd.
Ms. Harris-Doughty had been with Destek Markets for less than a year, hired last summer as one of the recruits brought in to help grow the company be then-CEO Matthew Wright (more on him below). Destek Markets is the FCA-regulated arm of Turkish FX brokerage group Destek, which is controlled by entrepreneur Altunc Kumova. She had joined Destek Markets last summer from London Capital Group Holdings plc (LON:LCG), where she was Head of Media Production, Content & Education.
Her move to Monex Europe marks the latest senior executive departure from Destek Markets in London. We had also exclusively reported in December that Destek Markets lost its CEO Matthew Wright, who left to become CEO of rival broker Capital Index. Matthew Wright had been COO of the UK arm of Gain Capital Holdings Inc (NYSE:GCAP) for eight years before joining Destek.