Doo Group Veteran Reginald Sherekete Steps Into Chief Risk Officer Role at FXGlobe

FXGlobe has strengthened its senior leadership team with the appointment of Reginald Sherekete as Chief Risk Officer, drawing on his risk and trading expertise developed across several international brokers, most recently at Doo Group.

Sherekete’s transition comes at a time when Cyprus-based FXGlobe is sharpening its operational framework across its European and offshore entities. Known in industry circles for his steady hand on high-volume trading environments, he will now oversee the broker’s global risk strategy and internal controls as the company prepares for its next phase of expansion.

Before joining FXGlobe, Sherekete held key roles in the Middle East and Europe, with long tenures at brokers such as Scope Markets and Trade Capital Markets. His experience covers treasury operations, dealing functions, and risk supervision across both retail and institutional flows, giving him a broad perspective on how to align trading operations with regulatory expectations in multiple jurisdictions.

The appointment also follows operational restructuring at Doo Group, whose Cypriot office has been undergoing a transition as part of its wider regional consolidation plan. While market attention has focused on Doo Group’s internal changes, Sherekete’s move signals FXGlobe’s intent to attract senior talent capable of navigating increasingly complex global risk requirements.

With regulatory oversight tightening and market volatility remaining elevated, FXGlobe is betting on Sherekete’s experience to support more resilient governance practices. The broker maintains regulated operations in Cyprus while serving additional markets under its Vanuatu and South Africa licences.

Industry observers note that FXGlobe’s continued investment in risk and compliance leadership reflects a growing trend among mid-sized brokers seeking to professionalize their infrastructure to compete with larger, more established players.

Sherekete’s arrival is expected to reinforce FXGlobe’s institutional capabilities as it works to enhance its trading environment for clients across multiple regions.