GTN Taps Saxo Bank Veteran to Lead Middle East Expansion

Wednesday, 14/08/2024 | 06:34 GMT by Damian Chmiel
  • The fintech has appointed Ahmad Abouardini as its new Relationship Manager.
  • He is another former Saxo executive joining GTN after the Middle East CEO appointment.
Ahmad Abouardini
Ahmad Abouardini , GTN

Global fintech firm GTN announced today (Wednesday) that it has appointed Ahmad Abouardini as its new Middle East Relationship Manager. Abouardini brings over eight years of experience from Saxo Bank, where he oversaw strategic relationships and platform sales in the region.

Ex-Saxo Bank Executive to Head GTN's Middle East Client Relations

The appointment comes as GTN seeks to strengthen its presence in the Middle East market. Abouardini's extensive background in trading platforms, investment banking, and asset management sales is expected to play a crucial role in the company's expansion efforts.

Prior to joining GTN, Abouardini held senior positions at Nykredit and Aiia, a Mastercard company. During his tenure at Saxo Bank, he was responsible for driving growth and expanding the bank's footprint across the Middle East, with a focus on forex and CFDs.

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Damian Bunce

“Ahmad has extensive regional experience and a deep understanding of the Middle East market. He will be instrumental in expanding our presence and fostering robust relationships with our clients in the region,” commented Damian Bunce, CEO of GTN Middle East.

Bunce has held his position for several months now. As Finance Magnates exclusively reported in early April, he left Exness, where he served as Chief Customer Officer, to join GTN. Previously, he also worked at Saxo Bank for two years.

GTN offers investment and trading solutions that integrate with existing services of regulated financial firms and fintechs. The company's platform provides access to global markets and multiple asset classes, supported by execution, custody, and post-trade solutions.

“I am eager to strengthen our leading position and continue to empower brokers, banks, asset managers, and fintechs with scalable investment and trading options, making global markets accessible to all,” Abouardini also commented on his new role.

GTN Works with Finansia and Revolut

At the end of May, Finansia Syrus Securities, a Thai brokerage and wealth management firm, entered into a partnership with GTN. This alliance utilizes GTN’s trading platform and its fractional trading features, enabling Thai investors to access a wide array of assets across 29 global markets.

“Collaborating with GTN aligns perfectly with our mission to expand the investment horizons of Thai investors,” Chuangchai Nawongs, the CEO of Finansia, commented. “By leveraging GTN's cutting-edge technology and global market expertise, we can empower our clients to make informed investment decisions and seize opportunities worldwide.”

A month later, GTN collaborated with Revolut to introduce bond trading for European Economic Area (EEA) customers through the Revolut app. The launch allows Revolut users to purchase bonds directly from the app's investment section. According to a press release provided to Finance Magnates, Revolut is integrating GTN’s instant click-to-trade feature, supported by both FIX and REST APIs, to facilitate bond trading for its clientele.

“This is yet another step in Revolut’s mission to build an all-in-one investment platform that is multi-asset class, has coverage across EEA markets, and caters to both advanced and beginner users,” Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut, said on the latest partnership with GTN. “Bonds provide an excellent opportunity for investors to diversify their portfolios with fixed income.”

Backed by strategic investors including IFC, a member of the World Bank Group, and SBI Ventures Singapore, GTN employs over 500 individuals across six countries. The company aims to transform accessibility to investment and trading opportunities worldwide.

Global fintech firm GTN announced today (Wednesday) that it has appointed Ahmad Abouardini as its new Middle East Relationship Manager. Abouardini brings over eight years of experience from Saxo Bank, where he oversaw strategic relationships and platform sales in the region.

Ex-Saxo Bank Executive to Head GTN's Middle East Client Relations

The appointment comes as GTN seeks to strengthen its presence in the Middle East market. Abouardini's extensive background in trading platforms, investment banking, and asset management sales is expected to play a crucial role in the company's expansion efforts.

Prior to joining GTN, Abouardini held senior positions at Nykredit and Aiia, a Mastercard company. During his tenure at Saxo Bank, he was responsible for driving growth and expanding the bank's footprint across the Middle East, with a focus on forex and CFDs.

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Damian Bunce

“Ahmad has extensive regional experience and a deep understanding of the Middle East market. He will be instrumental in expanding our presence and fostering robust relationships with our clients in the region,” commented Damian Bunce, CEO of GTN Middle East.

Bunce has held his position for several months now. As Finance Magnates exclusively reported in early April, he left Exness, where he served as Chief Customer Officer, to join GTN. Previously, he also worked at Saxo Bank for two years.

GTN offers investment and trading solutions that integrate with existing services of regulated financial firms and fintechs. The company's platform provides access to global markets and multiple asset classes, supported by execution, custody, and post-trade solutions.

“I am eager to strengthen our leading position and continue to empower brokers, banks, asset managers, and fintechs with scalable investment and trading options, making global markets accessible to all,” Abouardini also commented on his new role.

GTN Works with Finansia and Revolut

At the end of May, Finansia Syrus Securities, a Thai brokerage and wealth management firm, entered into a partnership with GTN. This alliance utilizes GTN’s trading platform and its fractional trading features, enabling Thai investors to access a wide array of assets across 29 global markets.

“Collaborating with GTN aligns perfectly with our mission to expand the investment horizons of Thai investors,” Chuangchai Nawongs, the CEO of Finansia, commented. “By leveraging GTN's cutting-edge technology and global market expertise, we can empower our clients to make informed investment decisions and seize opportunities worldwide.”

A month later, GTN collaborated with Revolut to introduce bond trading for European Economic Area (EEA) customers through the Revolut app. The launch allows Revolut users to purchase bonds directly from the app's investment section. According to a press release provided to Finance Magnates, Revolut is integrating GTN’s instant click-to-trade feature, supported by both FIX and REST APIs, to facilitate bond trading for its clientele.

“This is yet another step in Revolut’s mission to build an all-in-one investment platform that is multi-asset class, has coverage across EEA markets, and caters to both advanced and beginner users,” Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut, said on the latest partnership with GTN. “Bonds provide an excellent opportunity for investors to diversify their portfolios with fixed income.”

Backed by strategic investors including IFC, a member of the World Bank Group, and SBI Ventures Singapore, GTN employs over 500 individuals across six countries. The company aims to transform accessibility to investment and trading opportunities worldwide.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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