Australian foreign exchange (Forex ) 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 , 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.”
