Retail FX and CFD provider M4Markets has announced the hiring of Michael Christoforou as the company’s new Chief Financial Officer (CFO).

Michael Christoforou brings with him a wealth of experience having previously held roles in the financial services sector. Specifically, he spent 5 years with big Four firm Deloitte, where he was involved in audit engagements for various local and multinational companies in Cyprus. His extensive experience will help M4Markets set the foundation for the financial future of the broker. Mr. Christoforou will oversee the finance department and help leverage operational finance with a strategic mindset to maximize company growth.

Michael Christoforou said of his new role with M4Markets:

“This is an exciting time to be joining M4Markets as a brand and company which is growing rapidly, and I am fortunate to be joining the company at a time where I can truly leverage my prior experience in the financial sector. Having now spent some time with the team and seeing its strategic plans for the near future, I feel that this is the right fit for me, and I am convinced we will achieve great things together.”

Deepak Jassal, M4Markets Executive Director added:

“Mr. Christoforou has the talent, experience and drive we look for in people joining our team and he will be an integral part of the team driving growth for M4Markets. We are very excited he has agreed to join our team and looking forward to making M4Markets the market leader we all believe in.”

M4Markets is an offshore broker which is formally domiciled in Seychelles and holds a financial services license from the Financial Services Authority (FSA) in the Seychelles. However the company is operated primarily from Cyprus, and has hired a number of operational and marketing executives in the country, with a number of the hires coming from Tickmill. M4Markets was established by Deepak Jassal, formerly an investment banker with HSBC, KPMG and UBS, and by Theofanis Nakos, a fixed income sales specialist.