LeapRate Exclusive… LeapRate has learned that FCA regulated retail forex broker Valutrades has tightened its relationship with Indonesia’s Monex Investindo Futures, by adding Monex’s Executive Vice President and Chief Marketing and Sales Officer Jeffrey Ng (pictured at left) as a non-executive Director.
Ng will be bringing Valutrades expertise in marketing, performance management and systems and controls for large organizations. He has an extensive background including positions in Germany, Malaysia and Indonesia in both the finance and retail sectors.
(Monex Indonesia is not to be confused with Japanese retail forex broker Monex, the two companies while sharing a common name and a common business are not related).
Graeme Watkins, CEO of Valutrades, commented to LeapRate:
Jeffrey is a fantastic addition to our team. The depth of experience he brings to Valutrades will be a vital asset to our dynamic management team and his understanding of emerging Asian economies will give us valuable insights as we look to grow our global footprint.
Valutrades is controlled by Inodnesia-based entrepreneur Anil Bahirwani, previously CEO at the aforementioned Monex Investindo Futures. Valutrades recently reported its financial results for 2015 indicating that the business has been growing, but is still losing money.