The Group comprising Capital.com and Currency.com appoints new CEO

By Leandra Monteiro

The group containing Capital.com, the high-growth global trading and investing platform leading the UK leveraged trading industry in overall client satisfaction, has announced the appointment of Peter Hetherington as its new Group Chief Executive Officer (CEO). Peter will succeed Jonathan Squires, who was Group CEO during the Group’s early growth phase. Subject to regulatory approval, Peter will assume his new role from 16 May 2022.

Based in London, Peter will lead the companies comprising Capital.com and Currency.com on their continued growth journey. The Group will soon add Shares.com, a dedicated share dealing platform, to its group of companies.

As Group CEO, Peter will oversee the Group’s expansion into new markets while building a resilient, compliant operation supported by an experienced global team of professionals.

Peter has over 25 years’ experience in the wealth and brokerage space. Most recently, he was briefly the Chief Executive at Schroders Personal Wealth, a joint venture between Lloyds Banking Group and Schroders. Prior to that, Peter spent the bulk of his career at IG Group. He joined IG Group in 1994 and served as its Group CEO from 2015 to 2018. He also held a number of senior leadership roles including Chief Operating Officer for 15 years and Dealing Director. He has a BA in Economics from Nottingham University and a Masters in Finance from the London Business School.

Commenting on Peter’s appointment, Viktor Prokopenya, Founder, Capital.com and Currency.com, said, “We are delighted to welcome Peter onboard. With his extensive experience driving strategy and growth for leading wealth and brokerage firms in highly regulated markets, Peter is the ideal CEO to lead the Group on its next chapter of growth and success.”

Peter Hetherington, incoming Group CEO for the Group encompassing Capital.com and Currency.com, said, “I have known Viktor since 2015 and have been closely following the Group’s development. It was always going to take something special to persuade me back into the industry and I am thrilled to join a company that is so uniquely positioned. The Group provides a fantastic client experience along with a genuinely innovative solution for trading and investing. I look forward to working closely with the Group’s talented professionals as we continue to profitably grow the business and diversify our solutions while building our presence in key markets.”