OSTC Group are excited to announce the next phase of our long-term strategy; the separation of our Markets business from ZISHI’s financial educational offerings.
Just 3-years after its launch and following a raft of successful acquisitions underpinning its rapid growth, ZISHI is stepping away from OSTC Markets to become a standalone company, leaving the Markets business to focus on a pure trading related growth strategy.
Delivering the separation will see a restructure within the organisation with current Vice Chairman and founding partner, Mark Slade, becoming OSTC Markets CEO. Mark will work closely with Head of Trading, Michael Shirley, who becomes Deputy CEO, while Chris Jenkins continues to lead ZISHI as its CEO.
Commenting on the restructure, OSTC Group Chairman, Jonny Aucamp, said:
“The time is right to separate our business activities into 2-individual standalone companies so they can pursue their individual strategic priorities. Both businesses have significant standalone potential, and the separation will enable increased agility and greater operational focus.”
As OSTC Group begins a new chapter, so does our current CEO, Lee Hodgkinson, who has decided to pursue a new opportunity after more than 4 years at the helm.
The Board and shareholders would like to thank Lee for his unwavering contribution, particularly as he led our firm through the pandemic with the utmost professionalism, dedication, and resilience. We wish him every success in his future endeavour.
Our long-term vision at OSTC has always been to grow both the Markets business and ZISHI independently and this bold and timely action is the natural step towards restructuring our portfolio to further enhance performance and value.