Equiti Group, a retail and institutional brokerage, has appointed Hamad Haider as its new global head of legal.
As updated by Haider on Linkedin, he joined the broker earlier this month.
"I have joined Equiti to support and fuel the ambitious growth plans of Equiti globally," he told Finance Magnates. "My role will include growing the legal team and for legal to act as a key player in not only legal, but also commercial, decision making, as we accelerate our foray into growth target markets."
He moved to the Forex brokerage after spending over four-and-a-half years at PricewaterhouseCoopers, one of the big four audit firms. There, he joined as a partner and later earned the ranks of Middle East Head of International Business Reorganisations.
Before that, he was a Dubai-based senior associate of corporate commercial at Al Tamimi & Company.
After completing his studies, Haider started his legal practice in Pakistan and spend over half a decade in two firms: Haidermota & Co, and Hussain & Haider.
Capturing the Global Brokerage Market
Equiti is one of the leading brokers with services for both retail and institutional clients. The company has a wide global presence with operations in the United Kingdom, the UAE, the United States, New Zealand, Jordan, Kenya, Latin America, Cyprus, and Armenia.
Haider joined the company when it was already focusing on further global expansion and also its services.
"In a relatively short period of time compared to its peers, Equiti has seen exponential growth, particularly over the last 12 months," Haider added. "What is great about this growth is that it has been entirely organic, and the reason is the strong fundamentals that have been put in place by leadership over the years."
Notably, Equiti is one of the three regulated retail brokerages operating in Kenya. This will give an edge over the emerging retail trading demands in Africa.
The Group gained an additional license from the Seychelles regulator earlier this month for its locally registered entity.
Meanwhile, Equiti Capital UK, the British subsidiary of the Group, turned profitable in 2019 with $591,956 in gains from the previous nine month’s loss of $3.73 million.
Earlier today, Finance Magnates reported on Equiti Group’s partnership with technology provider HokoCloud for launching a social copy Trading Platform .
