The new appointee brings almost 20 years of corporate finance experience.
Sydney - 22 April 2020: Australian-owned Forex and Contract for Difference trading provider AxiCorp has appointed Himanshu Kher as the new Global Chief Financial Officer (CFO).
An industry veteran with almost 20 years of experience in treasury, corporate finance, risk management, capital raising and capital management, Kher will be part of AxiCorp’s top management team and will be based in Singapore.
Kher’s appointment is part of AxiCorp’s continuing push to solidify its global position.
AxiCorp CEO, Rajesh Yohannan said: “The fast pace of changes in corporate finance driven by new technology demands global companies to be agile and flexible. Given Himanshu’s decades of industry experience and in-depth knowledge of the various aspects of a global operation, we welcome him at a critical stage of our growth.”
“As we pursue our focus on global expansion - tapping new markets and offering innovative products – Himanshu will play a vital role as we take advantage of more growth opportunities either through joint ventures, capital raisings or mergers & acquisitions down the line,” Yohannan added.
Over the past two years, AxiCorp has made acquisitions to bolster its global presence. In August 2018, AxiCorp acquired One Financial Markets (OFM) – a London-based FX provider with a strong presence in the Middle East. Earlier this year (February 2020), it acquired UK-headquartered trading technology company Star Financial Systems.
Commenting on his appointment at AxiCorp, Kher said: “AxiCorp has always been known for its innovation and growth focus in a rapidly changing industry. It’s a privilege for me to be joining the company at this stage in their growth and rapid expansion at a global level.”
“While the company has grown tremendously over the past few years, I look forward to bringing my expertise and industry knowledge to further drive growth and efficiency,” he added.
Prior to joining AxiCorp, Kher was Group Treasurer at LMAX Exchange Group and responsible for the leadership and management of the Group’s Treasury activities as well as advising senior management on risk management strategies. Before he joined LMAX, he also served as Group Treasurer for IG Group Plc for four years where he was a member of the company’s Executive Risk Committee.
Kher has also served as Director within Group Treasury at Barclays. His other roles included senior risk-management consulting roles at Boston Consulting Group, and PwC LLP as well as options trading at BNP Paribas. He started his career as an M&A banker with Nomura Securities in Hong Kong.
AxiCorp is a wholly Australian-owned Australian FX provider and is a recognised emerging force in the global FX and CFD industry.
AxiCorp is a highly respected global brand with presence in Southeast Asia, China, Europe, Middle East, Africa and South America. With its wide geographic footprint, AxiCorp provides FX and CFD trading services to retail and institutional clients across the globe.
Since being founded in 2007, AxiCorp serves more than 42,000 active clients in more than 100 countries thanks to award-winning service and technologically superior software solutions.
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We’ve had a strong year, hitting a CAGR growth rate of 37%, surpassing $1.5 trillion in trading volume, and serving more than 30,000 active traders in more than 100 different countries.