Marc Aspinall takes over as COO of Multibank’s Dubai headquarters

Multibank Group has announced the appointment of Marc Aspinall as the new Chief Commercial Officer. Aspinall will operate from the company’s recently relocated headquarters in Dubai. The appointment comes as the institution looks to strengthen its leadership team.

Multibank Group appoints Marc Aspinall as COO

Aspinall’s LinkedIn profile shows that he has held the COO role at MultiBank Group since the start of this week. His appointment also comes a few months after the brokerage company moved its headquarters from Hong Kong to Dubai.

Multibank Group is a brokerage platform that supports financial assets, including forex and contracts for differences (CFDs). Besides Aspinall’s appointment, the bank has appointed other executives to work in its Dubai offices. It appointed Omar Khaled as the Managing Director and Roman Krutyanskiy as the Chief Business Development Officer.

Aspinall has extensive experience that will be instrumental in his new role at Multibank Group. He has over two decades of experience in the forex and CFDs industry. Additionally, he has worked with some of the leading firms operating in this sector.

Before joining Multibank Group, Aspinall worked as the Chief Operating Officer at AllStars Digital. Before this appointment, he also held a role at St Vincent and the Grenadines offices of AllStars Trader, where he worked as the Chief Executive Officer for several years.

Aspinall’s career in this industry started in mid-2021 at CMC markets. The latter is a brokerage company whose headquarters are in London. He worked at CMC Markets for nearly eleven years. He worked as the Group Director of Partners Distribution at the brokerage company. He later joined ADSS Securities, working at the company’s Abu Dhabi offices as the Group Head of Sales.

He also joined the NAGA Group in December 2015 and held the Director of Business Development role at the company until January 2017. He also served as the director of Black Lake Financial Limited, a brokerage firm based in London, for more than five years. He is also the co-founder of Aqua Digital Rising, where he also served as the Chief Operating Officer.

Multibank’s push to expand its global presence

Multibank Group is one of the most robust forex and CFDs brokerage companies. The company has been seeking to expand its global presence and already has offices in multiple regions. Its most significant presence is in the Middle East.

Multibank Group has rapidly opened new offices in multiple locations since its launch in 2005. The company has multiple branches globally, including in Australia, Austria, Cyprus, Jordan, Kuwait, Mexico, Turkey, UAE, and the USA.

The brokerage company also holds regulatory authority across five continents. It recently secured a license from the Monetary Authority of Singapore and the Securities and Commodities Authority in the UAE.

Multibank has also been reporting healthy financials over the past few years. In 2021, the broker reported an annual revenue of $189 million and a daily turnover of over $12.1 billion.