This week continues to witness some high profile management exists and appointments and latest being the appointment of former GKFX CEO, Brian Myers as the CEO, Retail Fx and CFD brand Equiti.com for the UK and EU operations. The appointment has been made effective to its subsidiary, Divisa UK Limited and is pending regulatory approval.
Mr Brian will be acting as CEO and Director of the FCA regulated company. Divisa UK Limited is UK arm of Dubai based global financial group, Equiti Group Ltd. The company has also subsidiary in the US (Equiti US, formerly known as Divisa US) and New Zealand ( Bloom capital, formerly Divisa NZ). The group has been in the institutional Fx space for several years now and with the appointment of Mr Brian, the company is looking to expand that brand and leveraging off the considerable resources of the group.
Mr Brian has a long-standing experience in the forex industry in both establishing institutional and retail fx industry and will also help in fortifying the compliance team of the global team of Equiti Group. Mr Brian had resigned from the post of CEO of GKFX back in April where he spent almost 18 months on the job. Prior to this, he was VP Sales of OANDA Europe. He has also been with leading brokerage houses such as Alpari UK as Global Head of Sales and FXCM.
Last year, Equiti.com/Divisa has raised $100 million investment from a group of GCC investors led by Abdul Raouf Waleed Al Bitar, who now is the company’s controlling shareholder. Since the fundraising event, the company has been in an aggressive mode of the hiring spree bringing in host high profile management executives including Sammy Christou from LCG as Head of Trading, Khaldoun Sharaiha from ADS as Co-Head of Retail Sales, Hormoz Faryar as Global Head of Institutional Sales, Tony Philip as CMO, and former Saxo Bank veteran Gabriela Liber for institutional FX sales.
Equiti Group’s CEO, Iskandar Najjar, commented on the appointment:
“We are very pleased to appoint a new Divisa UK CEO with the depth and breadth of Brian’s experience and knowledge.”
Brian Myers commented on his appointment:
“I’m absolutely delighted to take the helm of Divisa and be a part of the Equiti Group, which has demonstrated a strong growth trajectory in recent months and reached significant global milestones. I’m very much looking forward to leading Divisa’s growth with new initiatives and product offerings.”