Currencies

Peter Hetherington appointed CEO of Capital.com, Currency.com, and Shares.com

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.”

The group encompassing Capital.com, Currency.com, and the upcoming Shares.com, has appointed Peter Hetherington as its new Group Chief Executive Officer (CEO), succeeding Jonathan Squires, who resigned earlier this month after a phenomenal growth phase.

Peter Hetherington will be in charge of the group’s two investing platforms, Capital.com and crypto-focused Currency.com, and the upcoming share dealing platform Shares.com.

The new CEO will oversee the group’s expansion into new markets while building a resilient, compliant operation. The company already has key offices located in the UK, Gibraltar, Singapore, Australia, and Cyprus.

Peter Hetherington has briefly led Schroders Personal Wealth, a joint venture between Lloyds Banking Group and Schroders, after spending the bulk of his career at IG Group, where he joined in 1994 and served as its Group CEO from 2015 to 2018.

Viktor Prokopenya, Founder of 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.”

Peter Hetherington has spent over 24 years at IG, having joined as a graduate trainee in January 1994, working his way up through the organisation to be appointed as CEO in October 2015. As CEO of the Group, he has played a vital role in leading IG through a period of significant regulatory uncertainty and further developing IG into a major company in online trading. Over his 3-year tenure as CEO, IG’s PBT and EPS were up by more than 65%.

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