Freetrade CEO Jenny Zhao Steps Down After Only Three Months

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Jenny Zhao has lefther position as Chief Executive Officer of Freetrade last month, only after threemonths in the role. She took up the role in late May, succeeding Freetrade co-founder ViktorNebehaj.London's trading industry is coming home!Her replacement in the top role at the neobroker remains unclear.“We can confirm that Jenny Zhao has decided to step down from her role as Chief Executive Officer of Freetrade," a Freetrade spokesperson told Finance Magnates. "We would like to thank Jenny for her contribution during her time with the business and wish her every success for the future. We will provide an update on our search for Jenny’s replacement in due course.”Zhao took over as FreeTrade CEO, following a period of leadership change at the company after its co-founder, Viktor Nebehaj, announced in February that he would step down as CEO.Zhao’s Career Spans Farewill, BulbShe joined Freetradeafter a nine-month sabbatical and advisory period. Zhao had previously spentabout three and a half years at Farewill, where she held several seniorleadership positions, including Managing Director of Legal Services and ChiefOperating Officer. She was also a board director at the company.Before joiningFarewill, Zhao spent nearly five years at Bulb, where she held marketing andgrowth roles before becoming VP International. She earlier spent almost fiveyears at Manning Gottlieb OMD, where she was a Client Director.Freetrade Acquisition Expanded IG’s UKPresenceIG Group agreed toacquire Freetrade for £160 million, with the transaction financed from itsexisting capital. Freetrade was set to retain its standalone operationsfollowing the acquisition. The deal also expanded IG Group’s presence in the UKdirect investment market and added to its trading and investment offering.This article was written by Tareq Sikder at www.financemagnates.com.