Retail FX and CFD broker XS.com announced the hiring of Cape Town-based executive Fabian Frantz as Business Development Director for its South Africa operations. Fabian Frantz will report directly to Group Chief Commercial Officer, Wael Hammad.
Before joining XS.com, Fabian Frantz spent two years as a Senior Business Developer in South Africa at INFINOX. Previously, he held a similar position at JP Markets.
Wael Hammad, XS.com Group Chief Commercial Officer, commented: “Fabian’s promotion to Business Development Director is a reflection of his outstanding performance and leadership qualities. He possesses a unique blend of market insight, strategic acumen, and the ability to drive growth, which are essential for our expansion in South Africa. I am confident that under Fabian’s leadership, XS.com will achieve new heights in business development and customer engagement. His appointment is integral to our ongoing efforts to strengthen our global footprint and underscores our commitment to nurturing and promoting talent from within our ranks.”
Fabian Frantz expressed enthusiasm and determination for his new role: “I am deeply honored and excited to take on the role and reach new heights with XS.com in South African region. My focus will be on developing innovative strategies to expand our market presence, strengthen customer relationships, and deliver exceptional value to our clients and stakeholders in this dynamic market.”