Tickmill Appoints Mukid Chowdhury as Group CFO

Tickmill Group, a multi-regulated brokerage business, announced this Tuesday that it has secured a new Group Chief Financial Officer (CFO), by appointing Mukid Chowdhury to the role.

Chowdhury joins the foreign exchange (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) and contracts for difference (CFD) trading services provider with more than two decades worth of experience in the financial services sector.

As the Group CFO, Chowdhury will serve as a member of the Tickmill UK Limited Board. He will also oversee the Group’s finance and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term functions. Chowdhury takes over the reins of CFO from Illimar Mattus, who has been Group CFO for the past six years and will now focus on the strategic management of the whole Group.

Commenting on the appointment, Duncan Anderson, CEO of Tickmill UK Ltd, said in the statement: “We are excited to welcome Mukid Chowdhury to Tickmill Group."

“I am certain his diverse experience and strong academic background coupled with his proven ability to excel in the ever-changing financial sector, will certainly add value to our Group’s operations by driving revenue growth and creating sustainable shareholder value.”

Before Tickmill, Chowdhury was UK CEO of LCG

Before becoming the Group CFO of Tickmill, Chowdhury spent the past three years as the UK CEO of the London Capital Group (LCG). For part of his tenure, he also operated as the CFO while overseeing the running of the UK business.

During his career, Chowdhury has also been the Finance Director of GAIN Capital’s international operations, where he spent more than five years, from 2011 until 2016. Before this, he was the Head of Finance - Investment Banking, at Matrix Group Limited.

According to his LinkedIn profile, Chowdhury started off his career in the financial space with ING, where he worked for almost two and a half years as an Interest Rate Derivatives Product Controller.

Chowdhury’s career also encompasses roles at global banking institutions, including JP Morgan, where he was employed as a Credit Derivatives Middle Office Product Controller, as well as City Index, where he held the role of Group Financial Controller.