eToro (UK) Limited recently announced the retirement of Shalom Berkovitz from his directorial role, marking the end of his notable 7-year tenure with the company and 30 years in the industry.
Berkovitz, who retired at the end of February 2023, will continue to serve as a director for several subsidiaries within the eToro Group.
Berkovitz’s extensive career includes significant leadership roles before his time at eToro. He was the CEO of DSNR Media Group for five years and d-Group for three years.
Additionally, he held the position of CFO at Golden Pages Israel for two years and served as the VP of Economics and Business Development at Eurocom Communications for nine years.
In its ongoing strategy to strengthen its global operations, eToro has been active in appointing experienced professionals and gaining regulatory approvals.
In France, Inès de Dinechin has been appointed as a Special Adviser to eToro. She brings a wealth of experience from her previous boardroom roles at Quintet Private Bank and Bank of America Europe DAC.
De Dinechin will work closely with Emmanuel Sackman, the local French team leader, to advance eToro’s growth strategies in the region.
In Italy, eToro has promoted Massimo Citoni to Regional Manager. Citoni, who started as an Account Manager in 2015 and was elevated to Head of the Italian Desk in 2023, will focus on strategic partnerships, marketing initiatives, and improving customer retention.
His efforts aim to enhance the service experience for eToro’s Italian clients and members of the eToro Club.
Moreover, eToro has achieved a significant regulatory milestone by securing approval from the Abu Dhabi Global Market to operate as a broker dealing in securities, derivatives, and crypto assets in the United Arab Emirates.
This development is part of eToro’s broader strategy to expand its global footprint.
eToro’s CEO, Yoni Assia, expressed excitement about this achievement and highlighted Abu Dhabi’s emerging status as a fintech hub, noting the importance of this approval in eToro’s expansion efforts.