Capital.com announced on Tuesday the hiring of industry expert Chul Lim as its President in Asia that will help the brokerage to reinforce its development methods across Asia.
According to journalism release shared with Financing Magnates, Lim will be overseeing the growth of the forex and CFDs broker in East Asia, like South Korea and Japan, and the Southeast Asian area.
The London-headquartered broker has strategies to make Singapore its local head office and will start the expansion procedure by growing the Asian group and also seeking regulatory approvals in the Asian markets. It is currently intending to acquire a Monetary Authority of Singapore license by early 2022.
« We see great chances for growth throughout Asia, » stated Jonathan Squires, Group CEO at Capital.com. «
Most recently, the broker entered Australia with its brokerage services after gaining a license from the local regulator, ASIC.
Already Led Asian Expansion
Lim’s hiring will give the expansion efforts a massive increase as he worked thoroughly in the region. He features more than 15 years of experience and has a solid background in marketing.
He joined Capital.com from Exness, where he spent four years in numerous leadership functions in the various Asian region. His experience with the broker is considerable as he helped it comparable growth efforts.
He was likewise the Head of Marketing at JD.com and GoBear. He started his profession in the telecom industry and later taken up marketing functions in business like Cheil and AstraZeneca.
« With Chul’s knowledge and experience in the area, we are confident we can lower the barriers to investing and allow more individuals in Asia to properly exercise their value as investors, » Squires included.
Lim commented: « We will continue to support our customers all over the world by expanding into new markets and diversifying our products. We are dedicated to guaranteeing sound threat management and offering the right learning tools to assist people become confident financiers. »
Toute l’actualité en temps réel, est sur L’Entrepreneur
