Prop Firm FTMO Strengthens Executive Management with New CFO and Legal Head Appointments

New Leadership Injection Set to Accelerate FTMO's Growth

The renowned Prop Trading brand FTMO has bolstered its executive team by appointing Radek Dyntar as Chief Financial Officer. Simultaneously, Eva Svobodová has been hired as Chief Legal Officer.

These appointments come as the Czech Prop Firm prepares to launch its brokerage services. Recently, Michael Kamerman was also appointed as CEO of its brokerage division.

Otakar Šuffner, co-founder and CEO of FTMO, stated: "Eva and Radek bring invaluable experience to FTMO at this growth stage."

"We are serious about our ambition to expand FTMO into a group, and we know we can't achieve this without true experts joining our team."

According to FTMO's data, registrations on its platform grew by 30% year-on-year in the first three months of this year. Following the acquisition of fintech company Quantlane in November 2013, FTMO also acquired marketing agency eVisions earlier this year.

Read More: Prop Firm FTMO to Become a Broker, Hires Michael Kamerman

FTMO's Legal Experts

Dyntar joins the company from Dentons Europe law firm, where he worked for nearly nine years. Most recently, he was the firm's Senior Financial Transformation Advisor, but served as CFO from January 2020 to December 2023.

He began his career in 1997 as a tax advisor, later working at Ernst & Young for about nine years. He also served as Finance Director and Board Member at Prague-based KKCG for approximately four years.

Svobodová is a renowned legal expert in Europe, bringing over twenty years of legal expertise to FTMO. She worked at the New York-headquartered law firm White & Case for nearly 19 years, most recently as a partner in the Prague office.

CEO Šuffner commented, "In nearly a decade on the market, FTMO has grown from a garage startup into a global company, dealing with complex legal and financial issues under different countries' laws worldwide. In all these areas and others, Radek and Eva are tremendous assets."

Interestingly, these appointments come at a time when regulatory bodies are also exploring potential oversight of the Prop Trading industry.

Although FTMO's General Counsel Matus Tutko suggests that the current regulatory environment is sufficiently robust and doesn't require new regulations, the Czech National Bank believes that some Prop Trading models might fall under the MiFID regulatory framework.

Reference:Exclusive: Prop Trading Giant FTMO Strengthens C-Suite with New CFO and Head of Legal