LiteFinance hires Ahmed Badr as VP of business development
Retail forex broker LiteFinance introduced that Ahmed Badr has joined the business as its most recent vice president of small business improvement.
A veteran executive, Ahmed Badr has ended a brief stint with MultiBank Group where he served as its department manager in Egypt. Prior to that, he used seven months as a regional company development manager at easyMarkets in Cyprus.
Other stops in just the overseas exchange marketplace include things like doing the job as a business enhancement manager for the MENA location at ForexTime (FXTM). There Ahmed was tasked with determining small business possibilities to increase the company’s market share. He also put in almost two yrs as a consumer help manager at ThinkMarkets, according to information and facts produced general public on his Linkedin profile.
Around the study course of his career, which dates back again to 2003, extra roles incorporate senior stints at British isles-primarily based world-wide broker ICM.com, culminating with the situation of its enterprise development manager.
LiteFinance experienced rebranded to its new title back again in November 2021. At the time, the broker mentioned the move is the first move in a broader rebranding of their group of organizations. At the initial stage, they have changed the company’s emblem, trademark, and organizational composition.
Founded in 2009, the corporation is domiciled in Cyprus, controlled by CySEC and supplies expert services to clients from the European Financial Location.
The team of providers also features LiteFinance World LLC (formerly LiteForex), registered in St. Vincent & the Grenadines and subject matter to a additional flexible, looser regulatory routine. LiteFinance World wide LLC is reputed as an knowledgeable and responsible broker provider service provider, running due to the fact 2005.
LiteFinance made headlines just lately when it expanded its footprint in the Asia-Pacific region with the opening of a new regional agent office in Singapore. The organization believes that this new existence will increase its providing that involves multi-asset supplying and key methods. It also improves the eFX buying and selling knowledge for regional associates in Singapore and the APAC area.
The growth accommodates existing shopper demands and underpins LiteFinance’s approach to develop its infrastructure and expands the availability of its solution suite in line with nearby restrictions. The items available to entice a consumer base consisting of Fx and CFD traders, proprietary buying and selling properties, and institutional traders that are hunting to trade location Fx, treasured metals and energies, alongside with world-wide inventory indices.