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Rostro Group, the parent of Scope Prime and Scope Markets, has promoted two senior executives, Pavel Spirin and John Murphy, to new group-level positions as the fintech and financial services company prepares for its next growth phase, the Dubai-based firm announced today.
John Murphy will move from his current role as Chief Revenue Officer at Scope Markets to become Group Chief Commercial Officer for Rostro. Pavel Spirin will remain as CEO of Scope Markets while taking on the additional responsibility of Group Chief Growth Officer for Rostro.
Michael Ayres, Group Chief Executive, Rostro
Michael Ayres, Group Chief Executive of Rostro, commented: "As our business continues to grow at pace, we understand the importance of assigning the very best talent to maximise the return. Both Pavel and John have excelled in building out our retail Scope Markets business over the last two years so these promotions acknowledge that and recognise the value they can deliver at a group level. The moves also pave the way for other talented individuals within the business to be assigned roles with greater responsibilities."
The leadership changes come as Rostro Group prepares to expand beyond its traditional brokerage services into new areas including payments, digital assets, hedge funds and private banking in the coming months.
John Murphy, Chief Commercial Officer, Rostro Group
John Murphy, Chief Commercial Officer of Rostro, commented: "In recent years, I have been responsible for building out an industry-leading business development team which has fundamentally changed the way we can deliver our services. My new role sees me focused on producing equally innovative solutions at the Group level, something that will be pivotal in achieving our objective of ensuring the success we see is both scalable and sustainable over the longer term."
The company stated that Scope Markets will continue to be its main channel for retail customer relationships across its expanding product range.
Pavel Spirin, CEO of Scope Markets / Group Chief Growth Officer, Rostro Group
Pavel Spirin, CEO of Scope Markets and Group Chief Growth Officer of Rostro, added: "Unlike many other financial services providers, what sits at the heart of Rostro is an unrelenting ambition to improve access and inclusion for all into the wider financial ecosystem. We have already answered that brief through the dramatic growth seen by Scope Markets in recent years, so I'm now going to be applying those proven skills and knowledge to deliver success at a group-wide level."
Rostro Group was founded in 2021 by Roger Hambury and operates multiple brokerage brands, invests in fintech businesses and has established the Rostro Foundation.
