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HFM has announced the appointment of Evagoras Kountouris as its new Chief of Staff. Kountouris brings extensive industry experience, having previously spent over five years at Libertex Group as Chief Strategy Officer and Chief Financial Officer. His background also includes leadership positions such as Group CFO at Markets.com and FxPro, alongside earlier managerial experience at PwC.
This strategic executive hire follows a series of recent senior management changes at HFM aimed at scaling operations and strengthening market leadership. Recent key moves include promoting Georgios Papassavas to Chief Executive Officer and recruiting Mohamed Elgayyar to lead the GCC and Egypt divisions, highlighting the broker's focus on operational excellence and region-specific growth.
The strategic focus on expanding leadership across the Middle East and North Africa (MENA) highlights HFM's commitment to consolidating its presence in key high-growth markets like the UAE. Investors and industry observers will be watching how this updated executive team drives further business footprint expansions and regulatory positioning in the regional retail trading landscape.