FTMO Welcomes Top Experts: New CFO and Head of Legal to Bolster International Growth

Preparing for further growth, scaling, and acquisitions, Czech company FTMO has been heading in this direction in recent years.

The founders of the globally successful platform for aspiring traders, Otakar Šuffner and Marek Vašíček, have decided to expand their management team with experienced experts. Eva Svobodová will now lead FTMO’s legal team, bringing her top-tier expertise in acquisitions and transaction matters, honed over 18 years at one of the world’s largest law firms, White & Case. Another key addition is Radek Dyntar, who will strengthen and lead the company’s financial department. For the past six years, he has served as the financial director for the European branch of the world-renowned law firm Dentons. These new hires come in the context of FTMO’s global growth and according to the founders, their appointment also serves as proof of the company’s strong reputation.

“FTMO operates in a fast-growing and evolving segment that I find exciting and closely related to my previous specialization. The company is a phenomenon in the prop-trading sector. It is a global business managed from Prague that still retains a startup mindset and has significant future potential. There is a real opportunity here to contribute to its development in the future. After 18 years at White & Case, I am ready for this new challenge and am delighted to join the FTMO team. My main task will be to further develop the legal department in line with the growth and expansion of our existing business,” says Eva Svobodová, the new Chief Legal Officer of FTMO.

Over her more than twenty-year legal career, Eva Svobodová represented investment banks and issuers in both domestic and international capital market transactions. She is an expert in regulation, takeovers, cross-border provision of investment services, trading, and licensing. She has worked for White&Case for 18 years, most recently in the position of a partner. In 2022, she was awarded Best European Lawyer in Debt Capital Markets at the Women in Business Law Awards.

FTMO’s new Chief Financial Officer, Radek Dyntar, also comes from a legal background. Since 2017, he has served as the CFO of Dentons Europe, where he was responsible for the financial management of the firm’s activities in 20 countries. During this period, the turnover of the European branch of one of the world’s largest law firms grew from 207 to 450 million euros. From 2011 to 2015, Dyntar also served as the CFO of the KKCG investment group, following his role as a Tax & HR Advisory partner at Ernst & Young.

“Anyone who follows business news in the Czech Republic couldn’t have missed FTMO. The company has a unique opportunity to conduct global business from Prague, in a field where it is a leader. However, this story is far from over, and a lot of work, knowledge, and effort will be needed to make it even more successful. This is something I want to be a part of, and I believe we can build a financial team that will deliver the highest possible added value,” says Dyntar, the new CFO of FTMO.

The Growth Continues

“We are pleased to have such experienced experts in both roles on board. Eva and Radek bring invaluable experience to FTMO at this stage of growth. We take our ambition to expand FTMO as a group seriously, and we know that we will not achieve this goal without having true experts in our team. In nearly 10 years on the market, FTMO has grown from a garage startup into a global company that deals with complex legal and financial issues worldwide, in various countries with different laws. In all these and other areas, Radek and Eva are tremendous assets,” says Otakar Šuffner, co-founder and CEO of FTMO, regarding the appointment of the new leadership members.

At the beginning of the year, FTMO acquired the marketing agency eVisions, and last year the fintech company Quantlane. The number of registrations on the platform increased by 30% year-on-year in the first quarter of 2024, and the number of rewards paid to customers trading on the platform’s demo accounts grew by 75%. According to the founders, FTMO’s ambition is to seek out additional companies that can offer synergies in the fintech segment.

Share the Post:

Related Posts

Enjoying the culinary show?

All this and much more, we do for you – our beloved startup community, for free. If you like what we do, join us on this culinary journey by supporting us on Buy Me a Coffee . Your contribution fuels our passion for fostering startup success.