FCA regulated Retail and Institutional FX and CFD brokerage Valutrades has announced the appointment of industry veteran Gavin Foster as a Non Executive Director of Valutrades Limited, effective immediately.
Gavin Foster has been working as a strategic consultant to Valutrades since 2016 and this appointment represents an acknowledgment to the positive impact he has had on the business, as well as the increased governance requirement needed to support Valutrades since receiving a 730k license from the FCA.
Gavin was most recently known for pioneering ‘Prime of Prime’ at London Capital Group back in 2005 well before it became a buzz-word. He will be leveraging his many connections in this space to assist Valutrades in launching and growing this area of business.
The addition of Mr. Foster caps a series of moves at Valutrades including the injection of $2 million of capital to support growth (and the company’s upgraded FCA license), and the hiring of former ADSS executive Harry Campbell-Lamerton as COO.
Graeme Watkins, Valutrades
Valutrades CEO Graeme Watkins commented:
Over the last two years Gavin has been an exceptional source of advice and guidance as Valutrades has grown it’s retail business to the success it is today. While everyone at Valutrades is very thankful for his input I always felt like we were missing an opportunity by not exploring Gavin’s vast network of institutional relationships. This appointment allows us to do exactly that and we are very excited to start growing the institutional side of our business.
Gavin Foster added:
Graeme was my first employee at LCG who grew to be an invaluable asset during the 7 years he worked with me. I am delighted that we are working together once more and especially enthusiastic in assisting him build Valutrades into a successful quality service FX brokerage.