CMC Markets announced the appointment of Kurt Mayell as head of CMC Markets Singapore to strengthen its position in the Asia-Pacific region.

CMC

UK-listed forex broker CMC Markets (LON: CMCX) welcomes Kurt Mayell as head of CMC Markets Singapore to spearhead market expansion into the Asia-Pacific region. In his new role, he will focus on leading the growth of the Singapore branch in CFD businesses regulated by the Monetary Authority of Singapore.

Early in his professional career, Mayell was an Investment Analyst at an independent financial advisor in Australia, Dixon Advisory. Later, he assumes responsibility as Managing Director at the now-defunct Brixwell Group, a Sydney-based mortgage and investment company.

Before joining the Singapore entity, Mayell served as an Australian-based Senior Sales Trader with CMC Markets APAC and Canada. In October 2013, he joined APAC CMC Markets as a Premium Client Associate (Acquisitions), where he moved to the trading and quantitative strategy department for the Equity Hedging Desk.

Kurt Mayell, CEO of forex broker CMC Markets Singapore, commented, "My role promotes stock marketing by implementing a total business strategy. As a team, we understand the vision and can explore opportunities large and small to improve the business and offerings. It underscores our continued commitment to strengthening and meeting the retail and investment needs."

In other forex broker news, this multiple award winner broker has rebounded with soaring shares and upgraded profit forecast, reflecting renewed investor confidence and market recovery.