Exclusive: Roberto D’Ambrosio Parts Ways with Alpari

Roberto d’Ambroso is parting ways with Alpari, Finance Magnates can confirm. The move comes after about three and a half years, during which he held a variety of positions at the brokerage. The parties concluded their relationship in an amicable way.

After joining the firm as Director of European operations in 2015, d’Ambrosio was appointed as CEO of Alpari Research & Analysis in 2016 in the aftermath of the drastic regulatory shift in Europe.

Prior to joining Alpari, d’Ambrosio held a number of senior management positions at FXDD and Tier1fx. He is a well-known and respected industry expert, sitting in executive boards as an independent director and being an active trader, investor, and hedge funds’ advisor.

Commenting to Finance Magnates, d’Ambrosio said: “Companies evolve and undergo changes. Change is one of the most challenging moments to manage, and when it is profound some may align, some others may not and that is especially true at senior level. Once views do not align, that marks the moment to part ways.”

“I can only say that I am happy and honoured to have been part of Alpari, a firm that played in a league that very few firms in the industry can claim to have played in,” d’Ambrosio elaborated.

Asked about his plans, d’Ambrosio shared that while checking his options, he will be focusing on a couple of personal projects which need to be finalized.

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 Brokerage Industry Views

In a short interview with Finance Magnates d’Ambrosio elaborated on his views on the latest developments in the industry. “The industry is in its mature phase, it has evolved a lot and is still evolving at a very rapid pace, under the pressure of growing traders’ knowledge and needs and tighter regulations.”

The views of the industry veteran are that only companies that manage to evolve at the same pace, rethink and adapt their business models and internal organizations will be able to successfully manage the ongoing changes.

“Being Client-centric, focusing on professionalism and transparency must go well beyond the ever-present rhetorical statements made by every broker in the industry and must become the only real objective of market participants, both at the internal and external level,” d’Ambrosio said.

Highlighting a key challenge for the industry, d’Ambrosio also said that he believes companies must focus on people, whether they are clients or employees. “No matter how technologically advanced is the environment in which we operate, people still remain key to a sustainable and successful business,” the now-former CEO of Alpari Research & Analysis said.