FNG Exclusive… FNG has learned that London based Retail FX and CFDs brokerage group Zenfinex is continuing to grow its brand region by region, and has brought on board Jeffrey Navarro as the company’s new Head of LATAM.

The Bogota, Colombia based Mr. Navarro joins Zenfinex from Tickmill, where he was Regional Manager LATAM & Spain for the past three years. He has also worked previously at Axi and FCXM.

Zenfinex Limited was established in 2017 (first as Zenfin Ltd) in the UK, and received FCA authorization in March 2019. The company also operates offshore operations in Saint Vincent & the Grenadines, and in Seychelles. We had also reported exclusively last November that Zenfinex hired former Capital Index CEO Matthew Wright as its new Group CEO, and later FXCM alum Michel Chabbouh as CEO MENA.

Zenfinex is controlled by Oscar Hilt Tatum IV, a Saint Kitts and Nevis citizen who now resides in the UAE and runs offshore investment firm iPoint Capital Partners. The company was first established by former FXCM and LCG senior sales executive Nick Cooke, who later brought on board his former FXCM sales colleague Lee Homes as Director of Sales, although Mr. Holmes departed the company last year.