Melbourne-based forex broker Eightcap has appointed Bryn Newell as its new Chief Executive Officer effective January 2026, while simultaneously losing its UK regional chief Ollie Rosewell after just eight months in the position. Newell, who joined Eightcap in mid-2021 as Chief Technology Officer before becoming Chief Information Officer, brings fourteen years of banking experience from National Australia Bank where he served as Head of Technology. His appointment follows the September 2025 departure of former CEO Alex Howard, leaving a potential leadership gap during the transition period.
Meanwhile, Rosewell’s exit after nearly seven years with the company creates uncertainty around Eightcap’s UK operations at a critical time. Rosewell had progressed from Chief Marketing Officer to regional CEO during his tenure. No replacement has been announced for the UK leadership role, raising questions about regional strategic direction for traders and partners operating through Eightcap’s British entity.
FXnCO Insight
Clients using Eightcap’s UK operations should monitor for potential service changes or regulatory communications during this leadership vacuum, while the tech-focused CEO appointment signals possible platform infrastructure priorities ahead.
Source: Finance Magnates