Monex Canada has announced the appointment of David Ohana as Senior Corporate Dealer and Olivier Bellemare as Senior Options Dealer for the Quebec regional office.
The Canada-based FX services provider and subsidiary of Monex Group has been expanding its regional presence to better address the increasing demand from Canadian organizations to mitigate risks in foreign exchange trading.
FX specialists to help firms design and execute risk strategies
Both French speakers, Davin Ohana and Olivier Bellemare bring to Monex Canada a combined 30 years of experience serving global payments and risk management.
David Ohana’s extensive experience in the foreign exchange (FX) and payments space includes holding different strategic roles and building standalone FX programs within Schedule I banks in Canada.
Known for his hands-on approach to establishing FX programs, Ohana is experienced in working with multiple stakeholders across departments which gives him unique insight into building strong and strategic partnerships throughout organizations.
Olivier Bellemare’s financial experience includes having led the Montreal Institutional Corporate FX desk at RBC Capital Markets where he spearheaded foreign exchange efforts.
His career also includes an academic background in Neuroscience, which provides him with a unique perspective and an analytical edge that will be crucial for structuring hedging solutions, risk mitigation strategies, and establishing strong client relationships at Monex Canada.
David and Olivier join Monex Canada’s growing team of foreign exchange specialists who work alongside organizations to design and execute tailored foreign currency risk strategies.
“In-depth local expertise and global knowledge”
Anil Sawrup, Chief Executive Officer of Monex Canada, said: “It is with great excitement that we welcome David Ohana and Olivier Bellemare to Monex Canada. We are proud of the strength and expertise of the staff at Monex Canada, especially our two new additions, who will be instrumental in helping us achieve our mission of growth as we look forward to 2025. The present state of the international economy requires people that have a thorough understanding of global payment complexities on a local, regional, and international level. Localizing our team with David and Olivier ensures that we can solve our Canadian clients’ foreign exchange challenges through in-depth local expertise and global knowledge.”
Monex offers an extensive portfolio of commercial and deliverable foreign exchange, as well as FX-related payment services and FX derivative products on either an advised or execution-only basis for professional clients only.
Monex Canada is currently headquartered in Toronto, but the two new hires further cement the company’s regional expansion beyond Ontario into Quebec. Soon, Monex Canada will expand into Western Canada with offices set to open in Calgary, Winnipeg, and Vancouver.
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