Gaurang Desai Joins Equiti Group as Managing Director of Strategy

Equiti Group, one of the well-known financial services providers, today announced the expansion of its team with the appointment of Gaurang Desai, former Chief Executive Officer at the Dubai Gold and Commodities Exchange (DGCX Group), as the company’s Managing Director of Strategy.

In his extensive career, Desai held different roles at some of the world’s leading financial organizations. He is a founding member of the DGCX Group. The newly appointed Managing Director of Strategy at Equiti Group previously established and managed the operations for the Dubai Commodities Clearing Corporation (DCCC).

After working as Chief Operating Officer of DGCX Group for nearly 10 years, Desai was promoted to the position of CEO of the Group. Under his leadership, DGCX achieved several milestones. Since July 2018, Desai worked as an Advisor for financial markets to UAE’s Securities and Commodities Authority (SCA).

“We are very pleased to welcome Gaurang to the Equiti Group, and highly value his experience and knowledge of global best practices in the implementation of new generation products and delivery models, different aspects of licensing, and working with exchanges in regulated markets. Equiti Group has ambitious plans to roll out new offerings in 2022 as well as enter new global markets and regulatory requirements are a key part of all our new offerings,” Iskandar Najjar, Equiti Group CEO, commented.

Equiti Group expanded its team significantly in 2021. The financial services provider selected Chantelle Johnson as Group Chief Marketing Officer in August. The company also named Waleed Saleh as Global Head of Market Research in September last year.

Growth

Equiti Group is planning to accelerate its growth in 2022. According to the company, the latest appointment will facilitate its expansion plans. “My key mission will be to support the ambitions of Equiti Group and the expansion of its global footprint, building new partnerships, adding business lines, and expanding its services portfolio,” Desai said.