LeapRate Exclusive… LeapRate has learned that FCA regulated multi asset prime broker Divisa Capital has begun making a round of senior level management hires, following its recently announced $100 million capital raise which we discussed with Divisa Capital CEO Mushegh Tovmasyan at the time the very handsome financing was revealed back in January.
First to join is new Global Head of Marketing Tony Philip. Based in Dubai, Mr. Philip was previously Director of Marketing at ADS Securities, and Head of Marketing for Alpari Group in Dubai.
Also joining Divisa Capital is Hormoz Faryar to head Global Institutional Sales for Divisa. Mr. Faryar was with ADS Securities in Abu Dhabi for the past six years, acting as Director – Head of Institutional Sales – ME & Africa since 2011. He has also worked at Credit Suisse and State Street in senior FX roles.
On his new role at Divisa, Hormoz Faryar said:
There is immense scope for real AI based smart APIs, market interactions, liquidity provisions, pre-execution analytics and other areas. My vision is to see us roll out state-of-the-art solutions on every front.
Commenting on the new recruitment, Divisa Capital CEO Mushegh Tovmasyan said:
We’re extremely pleased to have Tony Philip and Hormoz Faryar on board. The timing is just right for us to now develop and deliver sophisticated big-data based product offerings and liquidity services that will truly add value to the Institutional and professional sectors.