Capital.What Changes Has Com Announced？

Capital.com has announced a number of changes to its senior management, with veteran Peter Hetherington stepping down as Group CEO, effective immediately。

Capital.Com's chief commercial officer Kypros Zoumidou will take over the vacant CEO role, while Peter Hetherington will stay on as the company's strategic adviser until 2026.。

The move came as a surprise to industry watchers, as Mr Hetherington appeared to have been hired from retirement status as Capital in May 2022..Com the highest position。He spent 24 years at IG Group and a shorter stint at Schroders Personal Wealth, where he is said to dislike the slow pace of change.。

Capital.Com view on the matter？

Capital.Victor Prokopenya, founder of Com, said: "On behalf of the entire board, I would like to thank Peter for his transformative leadership at Capital..The driving force of com。Guided by his vision and strategic roadmap execution, Capital.com quickly entered the next stage of development and laid a solid foundation for a successor。"

Kypros Zoumidou, the new Group CEO, said: "I am delighted to be at Capital..Chief Executive Officer of com Group。I have worked with Peter for over a decade, most recently at Capital.com, we were able to quickly unify goals and missions。I look forward to working closely with our talented global team to help me move our business forward。"

Peter Hetherington said: "Capital.com has successfully implemented robust processes and procedures and improved the Group's operational performance, fully prepared for future growth。I am confident in Kyp's ability to lead the team and drive the future。"

What's Next for Peter Hetherington？

Will Peter Hetherington Return to His Retirement?？After all, he is one of the most experienced and knowledgeable managers in margin trading and spread betting.。Or, with several of his IG alumni taking senior positions around the world, is he going back to work?？