AxiCorp Names Himanshu Kher as Global Chief Financial Officer

Australian foreign exchange (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 contracts for difference (CFD) provider AxiCorp announced this Wednesday that it has appointed Himanshu Kher as its new Global Chief Financial Officer (CFO).

Kher, an industry veteran, joins the Australian firm with nearly two decades of experience in treasury, corporate finance, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, capital raising and capital management. In his new role, he will be based in Singapore.

Himanshu Kher joins AxiCorp from LMAX

Most recently, Kher was the Group Treasurer at LMAX Group, a position he held for almost a year and a half. Based in London, in this role he was responsible for the leadership and management of the Group’s Treasury activities as well as advising senior management on risk management strategies.

According to the company’s statement seen by Finance Magnates, AxiCorp has appointed Kher as part of its continuing push to solidify its global position.

Commenting on the appointment, AxiCorp CEO, Rajesh Yohannan said in the statement: “The fast pace of changes in corporate finance driven by new technology demands global companies to be agile and flexible. Given Himanshu’s decades of industry experience and in-depth knowledge of the various aspects of a global operation, we welcome him at a critical stage of our growth.”

“As we pursue our focus on global expansion - tapping new markets and offering innovative products – Himanshu will play a vital role as we take advantage of more growth opportunities either through joint ventures, capital raisings or mergers & acquisitions down the line,” Yohannan added.

Prior to his time with LMAX, Kher spent four years at IG Group Plc where he was the Group Treasurer, and also a member of the company’s Executive Risk Committee. During his career, he has also worked at Barclays, BNP Paribas, Nomura, the Boston Consulting Group (BCG) and PwC where he held a plethora of roles, among other companies.

Speaking on his new position at AxiCorp, Kher added in the statement: “AxiCorp has always been known for its innovation and growth focus in a rapidly changing industry. It’s a privilege for me to be joining the company at this stage in their growth and rapid expansion at a global level.”

“While the company has grown tremendously over the past few years, I look forward to bringing my expertise and industry knowledge to further drive growth and efficiency.”