GTN, a global fintech company, has appointed Jon Lester as its new Chief Operating Officer (COO) for the Middle East. The appointment comes as the company expands its operations in the region and worldwide.

GTN Appoints COO With Global Experience

"Lester has decades of experience in the finance sector, having managed complex organisations and structures all over the world,” Damian Bunce, CEO for the Middle East, said.

Lester has over 30 years of experience in financial services. He has worked as a COO in various countries. He is a Chartered Accountant and has managed infrastructure for businesses regulated by FSRA, FCA, CySEC, and FINRA.

His background includes handling complex integrations and operational remediations in different markets.

You may find it interesting at FinanceMagnates.com: GTN Partners With Georgia's Investment Bank and Brokerage Firm Galt & Taggart for Cross-Border Trading.

GTN COO to Oversee Operations, Compliance

In his role at GTN, Lester will oversee back-office functions, including Risk, Middle Office, and Operations. He will be responsible for ensuring that services meet the needs of internal and external stakeholders. He will also ensure compliance with applicable regulations and risk management protocols.

Lester will work closely with the region’s CEO to establish goals and guide the company’s business and operational strategies.

"I look forward to leveraging my experience to enhance our operational capabilities further, ensure seamless service delivery for our clients, and contribute to the continued growth and success of GTN across the Middle East," Lester commented on his appointment.

GTN Expands Fixed-Income Access APAC

The Singaporean unit of Webull recently partnered with GTN to introduce fixed-income investment services for users in the Asia-Pacific region. The collaboration enables access to fractional fixed-income products, including US Treasuries, through Webull's trading platform.

The move follows a broader trend of growing interest in fixed-income instruments among brokers. Last year, Revolut partnered with GTN to provide similar offerings in the European Economic Area. Revolut also collaborated with CMC Connect to expand its product range with contracts for differences.