Barclay’s Bank has promoted Rudi Alexis, to a newly expanded role of Global Head Fx distribution from Head of Corporate Fx sales for EMEA markets, in a bid to capture and accelerate the growth of Barclay’s Fx business globally.
Alexis will take up the new role as head of corporate sales Fx and commodities distribution, focusing majorly on the trading of foreign exchange and rates product. He will also take increased leadership roles with teams in deepening the client relationship roles and accelerate growth in the bank’s Fx division.
Alexis has joined the bank in 2008 from Bank of America, as head of corporate Fx for Europe, the Middle East and Africa and was later promoted as EMEA head of corporate FX distribution in 2014.
Elevation of Alexis to a new global role comes at a critical time when the bank is trying to recover its underperforming Fx division. It has planned to reduce costs by axing 1200 jobs and pulling out from several Asian countries.
Numerix, a cross-asset analytics for derivatives valuations and risk management firm has appointed Vishal Kapadia as the Head of Pre-Sales in South East Asia, India, Australia and New Zealand and will be working from the firm’s Singapore offices.
Kapadia, an industry veteran has worked in different sales roles in the financial industry since 2001. He will be joining Numerix team from Flextrade where he served as a VP of Sales and Business Development for over four years and prior to this, has worked with SuperDerivatives, a provider of derivatives pricing systems and risk management solutions provider to banks and financial institutions for over a decade.
Including Vishal Kapadia’s appointment, Numerix has tapped three senior-level executives from Flextrade in February alone. The company has hired Paul Thomas as the VP of FX Business Development in the US and Paul Alves as SVP and Global FX Business Development.
Australia based FP Markets, a retail Fx and CFD brokerage firm has announced the appointment of Craig Allison as the company’s new Head of Global Development. Craig will be responsible for expanding firm’s global team across sales, marketing and compliance with a primary focus on business development and setting up of strategic operations globally.
Craig, a UK national, began his career as a solicitor in the banking and finance practice of global law firm Clifford Chance and then moved to global sports marketing company IMG. Craig has served on Boards of globally renowned marketing agencies like Squint/Opera, WING and CSM Sports & Entertainment and also has worked in the Rio Olympics 2016 Organising Committee.
Matt Murphie, MD of FP Markets commented on the appointment:
“We are delighted to have Craig on board. His global experience and multi-skilled business awareness and drive are exactly what the company needs to execute its global strategy. We have invested heavily in technology over the years and I am thrilled to combine our impressive infrastructure with his strong client, stakeholder and sponsor-engagement skills to take the business to new heights. Our focus with Craig on board is to now move the company to a different level and we are confident that FP Markets will soon be recognised globally, as it currently is in Australia, as the leading industry brand. He has proven leadership abilities and strongly upholds our long history of always putting clients’ needs at the centre of our offering, focusing on allowing FP Markets to offer unrivalled technology and trading conditions which will ensure that we continue to be considered as a benchmark for best-practice.”