MultiBank onboards Marc Aspinall as chief commercial officer

MultiBank Group has appointed industry veteran Marc Aspinall as its chief commercial officer (CCO) with immediate effect.

Aspinall lands at MultiBank after having worked with an array of FX brokers across his lengthy career that dates back to 2001. He served most recently at BVI-based FX broker OneRoyal where he spent 11 months as the group’s chief operating officer. Aspinall was also the CEO of its sister brand AllStars Trader, which is based in St Vincent and the Grenadines, between 2021 and 2023.

With over two decades of experience in senior roles at financial trading firms, Marc has hands-on industry expertise across different jurisdictions. Earlier in his career, he spent 10 years at the London listed CMC Markets in the position of head of partners distribution.

In 2012, Marc relocated to the Middle East in the capacity of global head of sales at the $500 million regionally financed ADS Securities. He worked closely with Yasin during the formation and launch of German broker Naga Group.

Marc joins MultiBank nearly a few months after the broker relocated its headquarters from Hong Kong to Dubai, UAE. The group said it has selected Dubai for its infrastructure, accessibility, and strategic location as a gateway to other markets in the MEA region. The move comes shortly after it has secured two strategic regulatory licenses from the Securities and Commodities Authority of the United Arab Emirates (SCA) and the Monetary Authority of Singapore (MAS).

The addition of these coveted licenses extends the group’s regulatory arsenal to include companies authorised by ASIC in Australia, BaFin in Germany, FMA in Austria, SCA in the United Arab Emirates, MAS in Singapore and CIMA in the Cayman Islands.

Founded in 2005, MultiBank Group has a current paid-up capital of over $322 million and counts an extensive client-base of over 320,000 customers from across 90 countries.