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Jim Sutcliffe Appointed Chairman

29/07/2010, 07:45

FxPro Financial Services Ltd (FxPro), a leading global retail broker in FX and CFDs today announces the appointments of Jim Sutcliffe as Non-Executive Chairman. He assumes the role in June, 2010.

Jim Sutcliffe brings a wealth of international experience accrued over 30 years at some of the leading names in the market. He joined Prudential as an actuary in 1976 and went on to hold a number of senior roles in the UK and its US subsidiaries, culminating in CEO of Prudential UK from 1994 to 1997. He was also Deputy Chairman from 1997 to 1999 of Liberty International plc, now Capital Shopping Centres Group plc, one of the UK’s leading listed property companies in the FTSE 100.

Jim Sutcliffe Former CEO of Old Mutual PLC

Most recently, Mr Sutcliffe was CEO of Old Mutual plc from the beginning of 2001 until mid-2008. In his role overseeing this FTSE 100 international life insurer and asset management company, he was responsible for growing the business internationally throughout Asia, Europe and the U.S., as well as strengthening the South African insurance and banking business.

Jim Sutcliffe is currently a Senior Adviser to CVC Capital Partners, a Non-Executive Director of Lonmin plc and Sun Life Canada, a Director of the Financial Reporting Council, as well as chairing the Actuarial Standards Board. He also served as Director of The Nelson Mandela Legacy Trust (UK).

Panagiotis Xydas, Chief Executive Officer of FxPro commented,

“FxPro is delighted to make this very important appointment. We look forward to welcoming Jim to our team and leveraging his extensive experience to benefit our business at a time of exciting growth and development. 2010 is shaping up to be an exciting year and I have no doubt that Jim will make a significant and valuable contribution as FxPro continues to develop its capabilities to fulfil our aim of being at the forefront of this market.”

Notes to Media

About FxPro

FxPro is an award-winning online broker, serving retail and institutional clients in more than 150 countries. FxPro provides access to competitive pricing and deep liquidity with no-dealing-desk intervention via its advanced trading platforms, superior execution technologies and algorithmic tools.

FxPro Group Limited is the holding company of FxPro UK Limited and FxPro Financial Services Limited.

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and by the Financial Services Board (authorisation no. 45052).

http://www.fxpro.co.uk

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