Brokerage executive Alexander Boruvanov has joined NAGA as the company’s new Head of Global Markets.

Boruvanov has held sales roles in the financial services industry for two decades.

Most recently, he was Global Head of Sales for ActivTrades. He spent two years at the broker, working from its office in Sofia, the Bulgarian capital.

Prior to his time at ActivTrades, he held senior sales roles at Meridian Capital Group, BM Investments, and Alconbury Systems.

Frankfurt-listed NAGA is expanding globally, with an emphasis on Europe, LATAM, and the MENA region.

The broker underwent a reverse merger with CAPEX.com last year and recently released a positive set of results for 2024.

Like other major players in the industry, the company has branched out into offering multiple products in one app.

Currently NAGA clients, depending on the region they’re active in, can access cash equities, CFDs, cryptocurrencies, and payments.