Equiti Capital Appoints Gurpreet Dehal as New Non-executive Chairman

Equiti Capital UK Limited, an FCA regulated institutional/B2B arm of global Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs brokerage Equiti Group, has announced the appointment of Gurpreet Dehal, today as the company’s Non-Executive Chairman and Paul Webb as its Chief Operating Officer.

Equiti stated that the move is part of its efforts to make changes to its senior management and board structure in order to spearhead the company’s growth.

Webb, who comes from rival company ADSS UK, has been appointed to serve as a Director of the Equiti Capital UK Board.

Dehal is replacing David Meek, the company’s Non-Executive Chairman, who is set to step down from the Equiti Capital UK Board, subject to FCA approval.

Dehal has been a Non-Executive Director on the Equiti Capital UK Board since 2018. He has over 25 years of work experience in performing executive leadership, strategic planning and financial services roles in major global investment banks. In the past, he served as the Managing Director and Chief Operating Officer for Credit Suisse’s global Prime Services Business. In addition, he was the Managing Director, Head of Risk, and Chief Operating Officer at Merrill Lynch London for Europe Financing. Besides that, Dehal worked as Vice Chairman of the Governing Council at the University of Derby.

Equiti’s Growth Strategy

In the last few months, Equiti Group has hired several executives across different departments to enable the firm to ramp up on its client experience and platform offerings.

Last month, Equiti hired Benjamin Susanna, the former Sales and Retention Manager at OANDA, as the company’s new Head of Client Retention. Last month, the firm appointed Gaurang Desai, the former CEO at the Dubai Gold and Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (DGCX Group), as the company’s Managing Director of Strategy.

Based on the above hiring, Equiti is planning to launch new products and accelerate its growth in 2022. The latest appointments will help support the company’s ambitions and the expansion of its global footprint, adding business lines, building new partnerships and expanding its services portfolio.

Sheetal Chouhan, who was hired as a Director of Equiti Capital UK Limited, in September last year, said: “We do believe that 2022 will be a very strong year for the Equiti Group on the global level. We are looking for multiple licenses with a focus on multiple jurisdictions.”