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GTN, CLS, Advanced Markets, and More: Executive Moves of the Week

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Sunday, 22/06/2025 | 04:00 GMT by
Jared Kirui

  • Among this week’s executive move highlights, the Former Euroclear CEO joined CLS’ Board.
  • And in the regulatory space, the SEC established a new executive team, including Erik Hotmire as Chief External Affairs Officer.

Exec moves

GTN appoints new COO for the Middle East

Starting our executive moves weekly summary, GTN, a global fintech company, appointed Jon Lester as its new Chief Operating Officer for the Middle East. The appointment comes as the company expands its operations in the region and worldwide.

Jon Lester

Lester has over 30 years of experience in financial services. He has worked as a COO in various countries. He is a Chartered Accountant and has managed infrastructure for businesses regulated by FSRA, FCA, CySEC , and FINRA.

Show more about GTN’s appointment of Jon Lester as the new COO.

Former Euroclear CEO joins CLS Board

Meanwhile, CLS, the financial market infrastructure company that processes trillions of dollars in Forex transactions daily, added two new directors to its board following its annual shareholder meeting earlier this month.

Ryo Terazawa and Brigitte Daurelle

Brigitte Daurelle joins as an independent director, while Ryo Terazawa represents MUFG Bank, one of CLS’s key stakeholders.

Show more about CLS’ new Board changes.

Advanced Markets has a new Chief Risk Officer

Advanced Markets enlisted Marko Jagustin as its new Chief Risk Officer, bringing in an expert with two decades of experience in foreign exchange trading and risk management.

Jagustin’s career spans major roles across the forex industry. He previously served as Chief Trader at GAIN Capital’s Forex.com division and held the Chief Operating Officer position at Finalto.

Marko Jagustin

Most recently, he ran liquidity provision operations at Exness, one of the industry’s larger retail FX brokers.

Discover more about Advanced Markets’ onboarding of Marko Jagustin as the new CRO.

Former Finalto COO joins GCEX

Also this week, digital prime brokerage GCEX brought Stanislav Bunimovich as Managing Director for Asia-Pacific, tapping the former Finalto executive.

Bunimovich, who spent over 12 years at CFH/Finalto and rose to become Chief Operating Officer and Board Member, will be based in Australia and report directly to GCEX CEO Lars Holst.

Stanislav Bunimovich

The appointment reunited the pair, as Holst co-founded Finalto before launching GCEX in 2018.

Learn more about Stanislav Bunimovich’s transition to GCEX.

SEC establishes a new team

Lastly, in the US, the Securities and Exchange Commission made a sweeping set of leadership appointments Friday, bringing in four new senior officials as Chairman Paul Atkins continues reshaping the agency’s top ranks.

Erik Hotmire returned to the SEC as Chief External Affairs Officer and Director of the Office of Public Affairs. Kurt Hohl took over as Chief Accountant, while Brian Daly will become Director of the Division of Investment Management.

Paul Atkins, Source: LinkedIn

At the same time, Jamie Selway will now lead the Division of Trading and Markets. Selway was most recently a partner at Sophron Advisors and previously served as managing director and head of electronic brokerage at Investment Technology Group.

Highlight more about the new leadership changes at the SEC.

GTN appoints new COO for the Middle East

Starting our executive moves weekly summary, GTN, a global fintech company, appointed Jon Lester as its new Chief Operating Officer for the Middle East. The appointment comes as the company expands its operations in the region and worldwide.

Jon Lester

Lester has over 30 years of experience in financial services. He has worked as a COO in various countries. He is a Chartered Accountant and has managed infrastructure for businesses regulated by FSRA, FCA, CySEC , and FINRA.

Show more about GTN’s appointment of Jon Lester as the new COO.

Former Euroclear CEO joins CLS Board

Meanwhile, CLS, the financial market infrastructure company that processes trillions of dollars in Forex transactions daily, added two new directors to its board following its annual shareholder meeting earlier this month.

Ryo Terazawa and Brigitte Daurelle

Brigitte Daurelle joins as an independent director, while Ryo Terazawa represents MUFG Bank, one of CLS’s key stakeholders.

Show more about CLS’ new Board changes.

Advanced Markets has a new Chief Risk Officer

Advanced Markets enlisted Marko Jagustin as its new Chief Risk Officer, bringing in an expert with two decades of experience in foreign exchange trading and risk management.

Jagustin’s career spans major roles across the forex industry. He previously served as Chief Trader at GAIN Capital’s Forex.com division and held the Chief Operating Officer position at Finalto.

Marko Jagustin

Most recently, he ran liquidity provision operations at Exness, one of the industry’s larger retail FX brokers.

Discover more about Advanced Markets’ onboarding of Marko Jagustin as the new CRO.

Former Finalto COO joins GCEX

Also this week, digital prime brokerage GCEX brought Stanislav Bunimovich as Managing Director for Asia-Pacific, tapping the former Finalto executive.

Bunimovich, who spent over 12 years at CFH/Finalto and rose to become Chief Operating Officer and Board Member, will be based in Australia and report directly to GCEX CEO Lars Holst.

Stanislav Bunimovich

The appointment reunited the pair, as Holst co-founded Finalto before launching GCEX in 2018.

Learn more about Stanislav Bunimovich’s transition to GCEX.

SEC establishes a new team

Lastly, in the US, the Securities and Exchange Commission made a sweeping set of leadership appointments Friday, bringing in four new senior officials as Chairman Paul Atkins continues reshaping the agency’s top ranks.

Erik Hotmire returned to the SEC as Chief External Affairs Officer and Director of the Office of Public Affairs. Kurt Hohl took over as Chief Accountant, while Brian Daly will become Director of the Division of Investment Management.

Paul Atkins, Source: LinkedIn

At the same time, Jamie Selway will now lead the Division of Trading and Markets. Selway was most recently a partner at Sophron Advisors and previously served as managing director and head of electronic brokerage at Investment Technology Group.

Highlight more about the new leadership changes at the SEC.

Jared Kirui

  • 2010 Articles
  • 40 Followers

Jared is an experienced financial journalist passionate about all things forex and CFDs.

  • 2010 Articles
  • 40 Followers

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    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    With the continent’s accelerated creation of better payments rails, this conversation takes stock of what has achieved and what is yet to come.

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    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

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    From regulatory frameworks to digital ID, we’ll explore how trusted industry leaders — including Mastercard — are working with various players in the eco-system to build a scalable, sustainable progress for Africa’s digital economy.

    Speakers:
    – Hannalie Marsh, Ambassador, Women in Payments Africa (Moderator)
    – Gabriel Swanepoel, Country Manager, Southern Africa, Mastercard

    #fmas #fmas25 #fmevents #payments #fintech #paymentinfrastructure #financialinclusion

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    With the continent’s accelerated creation of better payments rails, this conversation takes stock of what has achieved and what is yet to come.

    From regulatory frameworks to digital ID, we’ll explore how trusted industry leaders — including Mastercard — are working with various players in the eco-system to build a scalable, sustainable progress for Africa’s digital economy.

    Speakers:
    – Hannalie Marsh, Ambassador, Women in Payments Africa (Moderator)
    – Gabriel Swanepoel, Country Manager, Southern Africa, Mastercard

    #fmas #fmas25 #fmevents #payments #fintech #paymentinfrastructure #financialinclusion

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

    With the continent’s accelerated creation of better payments rails, this conversation takes stock of what has achieved and what is yet to come.

    From regulatory frameworks to digital ID, we’ll explore how trusted industry leaders — including Mastercard — are working with various players in the eco-system to build a scalable, sustainable progress for Africa’s digital economy.

    Speakers:
    – Hannalie Marsh, Ambassador, Women in Payments Africa (Moderator)
    – Gabriel Swanepoel, Country Manager, Southern Africa, Mastercard

    #fmas #fmas25 #fmevents #payments #fintech #paymentinfrastructure #financialinclusion

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    With the continent’s accelerated creation of better payments rails, this conversation takes stock of what has achieved and what is yet to come.

    From regulatory frameworks to digital ID, we’ll explore how trusted industry leaders — including Mastercard — are working with various players in the eco-system to build a scalable, sustainable progress for Africa’s digital economy.

    Speakers:
    – Hannalie Marsh, Ambassador, Women in Payments Africa (Moderator)
    – Gabriel Swanepoel, Country Manager, Southern Africa, Mastercard

    #fmas #fmas25 #fmevents #payments #fintech #paymentinfrastructure #financialinclusion

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

  • The Future of Crypto, Lessons from Africa | FMAS:25


    The Future of Crypto, Lessons from Africa | FMAS:25

    The Future of Crypto, Lessons from Africa | FMAS:25


    The Future of Crypto, Lessons from Africa | FMAS:25

    The Future of Crypto, Lessons from Africa | FMAS:25


    The Future of Crypto, Lessons from Africa | FMAS:25

    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!


    While much of the world debates regulation and scalability, Africa is busy building. With retail-driven momentum and institutional interest on the rise, the world’s leader in crypto adoption bears both unique features and a glimpse into where the global market might be headed next.
    Attendees will walk out of this session with:
    – A grounded understanding of the real factors behind Africa’s rapid crypto uptake.
    – Insight into how stablecoins are being used for hedging in a volatile rate environment.
    – Perspective on the region’s unique regulatory landscape—and how central banks are reacting.
    – Lessons from emerging market strategies that could influence global crypto trading.

    Speakers:
    – Andres Felipe Perez, Director, Fintech Services South Africa (Moderator)
    – Hannes Wessels, General Manager South Africa, Binance
    – Christo de Wit, Country Manager South Africa, Luno
    – Pierre van Helden, Co-Founder – Director Business Development, FiveWest
    – Callan Richardson, Head of Growth, Bitget

    #fmas #fmas25 #fmevents #digitalassets #crypto #cryptoadoption #emergingmarkets

    ???? Stay updated with the latest in finance and trading!
    Follow FMevents across our social media platforms for news, insights, and event updates.

    Connect with us today:

    ???? LinkedIn: / financemagnates-events
    ???? Facebook: / financemagnatesevents
    ???? Instagram: / fmevents_official
    ???? Twitter: / f_m_events
    ???? TikTok: / fmevents_official
    ▶️ YouTube: / @financemagnates_official

    Don’t miss out on our latest videos, interviews, and event coverage.
    Subscribe to our YouTube channel for more!

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Jared Kirui

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Xbox studio accidentally gave away the RPG that led to OG Fallout for free, so now it’s giving everyone a way to play it...

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An Xbox developer made a big whoopsie and accidentally gave players a free (but broken) version of the game that led to OG Fallout, but rather than snatching the lucky (but, again, botched) freebie away from gamers, the studio is simply giving people a way to play it properly. "A couple weeks ago an error
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