Story Highlights
- Forex industry veteran Jeffrey Navarro departs Taurex after two years as LATAM Head.
- Navarro takes on a new role as Regional Manager LATAM at AvaTrade.
- Navarro’s exit coincides with Taurex’s rebranding and $15 million funding round, highlighting a period of change for both companies.
After two years leading Taurex’s LATAM operations, forex industry veteran Jeffrey Navarro has set sail for new horizons. He recently took on the mantle of Regional Manager LATAM at AvaTrade, signaling a shift in leadership dynamics within the LATAM forex landscape.
Navarro’s career boasts an impressive track record across the forex industry. Before Taurex, he held leadership roles at Tickmill, AxiCorp, and Forex Capital Markets, solidifying his expertise in the LATAM market. He announced his departure from Taurex with a heartfelt message on LinkedIn, expressing gratitude to both the company and his team.
A Pivotal Moment for Taurex
Navarro’s exit coincides with a transformative period for Taurex. Formerly known as Zenfinex, the company rebranded its retail arm last year and secured a significant $15 million Series B funding round. This influx of capital fuels their ambitious plans to enhance their proprietary technology, including the development of a mobile app and web platform targeted for release in 2024. With these innovations in mind, Taurex aims to solidify its position within both the B2C and B2B sectors.
Jeffrey Navarro wrote on Linkedin, “Today marks my last day at Taurex. I will now be another member of the company’s worldwide fans cheering from afar. Many thanks to my good friend Nick Cooke for entrusting me with so many important company matters. Huge thanks to the rest of the company and especially to the Taurex LATAM team, which today stands strong and is one of the best in the region. Forever grateful for being part of this amazing journey!”
Navarro’s leadership played a pivotal role in building a powerhouse LATAM team for Taurex. He leaves behind a team recognized as one of the company’s strongest performers in the region. While Navarro embarks on a new chapter with AvaTrade, his contributions to Taurex’s LATAM success story remain undeniable. His departure prompts reflection on the changing tides of leadership within the company, even as Taurex forges ahead with its own technological advancements.
