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Pepperstone, a global online trading provider serving clients in more than 160 countries, has appointed Andrew Turnbull as Head of Africa, as the broker strengthens its focus on one of the world's fastest-evolving online trading regions.
Based in Nairobi, Turnbull will lead Pepperstone's strategy across the continent as traders increasingly turn to mobile-first platforms and regulators move to strengthen oversight of the sector.
Turnbull brings more than 20 years of experience in financial services, including senior roles at ODL Securities and FXCM Europe, where he led institutional sales and partnerships. His experience spans regulated FX and CFD markets, institutional relationships and business development across international markets.
The appointment comes as Pepperstone invests in owning more of its technology, giving the business greater control over the trading experience and allowing it to respond more closely to the different needs of clients across individual markets.
Marc Boever, Head of EMEA, Pepperstone
Marc Boever, Head of EMEA, Pepperstone said:
"Africa is dozens of distinct regulatory environments and trader profiles. That is why we are putting more resources on the ground and investing in people who understand the region. Andrew's experience across regulated financial services and institutional partnerships, combined with his growing first-hand understanding of markets like Kenya, makes him the right person to lead our growth across the continent."
Kenya, where Pepperstone is licensed under the Capital Markets Authority (CMA), was one of the first African countries to introduce a formal regulatory framework for online forex trading. That early move has helped create a more mature market, with regulated, licensed brokers increasingly trusted by traders, while Kenya's experience offers a model for other African regulators looking to bring greater oversight to the sector.
Andrew Turnbull, Head of Africa, Pepperstone commented:
"Kenya's traders were among the first in Africa to get a properly regulated market to trade in, and that head start shows. There is a growing appetite for online trading across the continent, but every market is different. I'm looking forward to building on Pepperstone's presence here and working with our teams and partners to better understand and serve the different trading communities across Africa."
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