Trading 212 announced that it has named Raj Somal as a Non-Executive Director, effective from March 2022.
As reported in a press release shared with Finance Magnates, Raj Somal, a senior executive and legal counsel with more than thirteen years of experience, has been appointed by Trading 212, an FCA-regulated online broker, as a Non-Executive Director.
Raj Somal joined clearing and custody firm GPP Group in 2016 as Group Legal Counsel and joined the Board of Directors of the company in 2020. She is responsible for Business Assurance (legal, compliance, risk) and HR at GPP. Prior to joining GPP, Raj was Legal Counsel at a number of leading financial service companies including Janus, Credit Suisse, Deutsche Bank and GAM. Raj also sits as a Non-Executive Director of Titan Asset Management.
A Short Review of Somal’s Career
Concurrently, Somal is a Non-Executive Director for both Titan Asset Management and for GPP Group.
Prior to her existing positions, Somal served GPP Group as an Executive Director for the last couple of years. Before this promotion, she took on the challenges of Data Protection Officer from May 2019. However, she began working with the company as its General Counsel.
Earlier on, Axiom benefitted from her experience for a year and a half. At first, she was the Project Solicitor for Credit Suisse Global Finance Group, General Counsel Division. Then in April 2016, she became the legal counsel for Janus Capital Group.
Before this time, she spent her time as legal counsel/advisor in reverse order for Coventry University, GAM Investments, Carey Olsen, Deutsche Bank and Band Hatton Button LLP where she began her career as a Trainee Solicitor.
Other Recent News
Trading 212 published its yearly accounts for 2020 recently and reported a huge leap in revenue of 318 percent. Overall, the Group company produced a total of £124.1 million in revenue for 2020, which increased from £29.7 million in the previous year.
“This growth has been caused, partly by broader market trends and activity but also crucially by the increasing popularity of the platform and our product offering,” Trading 212 stated in the latest Companies House filing.
