Singapore – Trading and investing platform eToro has appointed Yaki Razmovich as its new managing director for Singapore and Asia. In his new role, Razmovich will be responsible for developing eToro’s presence in Singapore and further expanding its global operations across Asia.
Razmovich brings over 20 years of experience in the financial services sector to eToro and has held senior positions at Standard Chartered and ABN AMRO Bank. Having spent 15 years working in Singapore and Hong Kong, he possesses a strong understanding of the commercial and regulatory environment in the region.
Prior to joining eToro, Razmovich served as the head of Asia-Pacific (APAC) at Essence Group, where he spearheaded the company’s expansion into Southeast and North Asia.
During his time at ABN AMRO, he played a key role in the bank’s expansion into Australia and oversaw the introduction of new products and services throughout the APAC region. He was also a member of the bank’s Asia-Pacific executive team, with responsibilities including risk oversight, control, and regulations.
Earlier in his career, Razmovich held the roles of South East Asia head of strategy and business development for SME banking and head of segment management & client proposition for commercial banking ASEAN at Standard Chartered.
Etay Cohen, chief customer officer at eToro, said, “Yaki’s appointment demonstrates our goal to strengthen our footprint in Asia. His proven track record in leading regional expansion, coupled with his deep understanding of regulatory frameworks and client needs across Asian markets, makes him well-positioned to drive our growth in Asia. We’re thrilled to have him on board.”
Razmovich commented, “I’m honoured and excited to join eToro and lead its growth in Singapore and Asia. We have received an In-Principle Approval for a Capital Markets Services license from MAS and are working towards activating it in the foreseeable future. Singapore is a key wealth management and financial hub in Asia and is the natural choice for eToro to expand its services to the Asia Pacific region.”
