Capital.com shifts focus to the MENA region and strengthens its team
Capital.com shifts focus to the MENA region and strengthens its team
In a strategic move to enhance its risk management framework, Capital.com has announced the appointment of Tarek Mahassen, a former executive at Revolut, as its new Head of Risk.
This key hiring decision underscores Capital.com's commitment to strengthening its leadership team and fortifying its position in the competitive financial services industry in the MENA region.
Tarek Mahassen brings a wealth of experience to Capital.com, having held significant roles at Revolut, one of the world's fastest-growing fintech companies. During his tenure at Revolut, Mahassen was instrumental in developing and implementing robust risk management strategies that supported the company's rapid expansion and ensured regulatory compliance across multiple jurisdictions. His expertise in risk assessment and mitigation will be invaluable as Capital.com continues to scale its operations and navigate the complexities of the global financial markets.
Capital.com, a leading online trading platform, has been on a trajectory of rapid growth, offering a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies. The platform is known for its user-friendly interface, advanced trading tools, and educational resources designed to support both novice and experienced traders. By appointing Mahassen, Capital.com aims to further enhance its risk management capabilities, ensuring a secure and compliant trading environment for its users.
Capital.com reported total client trading volumes exceeding $1.2 trillion in 2023, up 53% from the previous year.
According to FNG, Mahassen’s appointment is part of a broader strategy by Capital.com to attract top talent from the fintech and financial services sectors. His extensive background in risk management aligns with Capital.com's vision to build a resilient and trustworthy platform that meets the highest standards of regulatory compliance and operational excellence.
In his new role, Mahassen will be responsible for overseeing all aspects of risk management, including the development of risk policies, monitoring of market and operational risks, and ensuring adherence to regulatory requirements. He will also work closely with other members of the executive team to integrate risk management into the company’s strategic planning and decision-making processes.
The addition of Mahassen to the leadership team is expected to have significant implications for Capital.com’s future. As the company continues to expand its global footprint, robust risk management will be essential in navigating the regulatory landscapes of different markets. Mahassen’s experience at Revolut, where he successfully managed risk in a rapidly changing environment, positions him well to drive Capital.com’s risk management strategy forward.
Looking ahead, Capital.com’s strategic focus on strengthening its risk management capabilities reflects its dedication to long-term sustainability and client trust. With Mahassen at the helm of its risk department, the company is poised to enhance its reputation as a leading and reliable trading platform in the financial services industry.
In conclusion, Tarek Mahassen’s appointment as Head of Risk marks a pivotal moment for Capital.com. His extensive experience and strategic insight are expected to play a crucial role in fortifying the company’s risk management framework, ensuring continued growth and regulatory compliance. As Capital.com advances in the competitive financial markets, Mahassen’s leadership will be instrumental in driving the company’s mission to provide a secure and transparent trading environment.
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