Kazakhstani Broker Inveslo Promotes Ramandeep Singh to VP South Asia

Inveslo, a Kazakhstan-registered forex and contract for difference (CFD) broker, has promoted Ramandeep Singh to the position of Vice President of South Asia.

Singh announced this appointment on Monday on the professional network platform, LinkedIn.

Until his appointment, the executive was a Business Development Manager at the Cyprus-headquartered brokerage firm.

He acted in the former role for a year and two months, starting out in July last year.

Singh was previously a Senior Service Account Manager at ForexTime (FXTM), an online forex trading firm.

The executive’s appointment comes a few months after Inveslo, a new forex and CFD broker founded last year by Farrukh Adeeb, who became a member of the Financial Commission (FinCom).

FinCom is a 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 industry-focused self-regulatory and external dispute resolution body.

As a third-party mediation service provider, FinCom seeks to settle disputes between traders and brokers “in a quick, efficient, unbiased and authentic manner.”

More on Singh’s Career

According to his LinkedIn profile, one of Singh’s earliest career journeys started at online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term firm, easyMarkets.

At the firm, he worked in several capacities as Account Service Manager, Client Relationship Manager, and Retention Manager between February 2015 and March 2019.

For two and a half years, Singh worked as a self-employed Account Service Manager based in Limassol, Cyprus.

He had a two-year stint at FXTM before joining Inveslo in July 2021.

‘Best Forex CEO Asia 2022’

Meanwhile, Farrukh Adeeb, Inveslo's Founder and CEO, was recently named the ‘Best Forex CEO Asia 2022’ by World Business Outlook. Adeeb clinched the award during the Forex Award 2022.

According to Inveslo, the CEO Award seeks to celebrate outstanding individuals in founder and C-level roles who have excelled in their respective industries.

Inveslo explained: “While the awards do not honour a company's success as a whole, it goes without saying that successful people strengthen their company's prestige via their focused and engaging work.

“In less than a year at the helm of Inveslo, Mr Farrukh Adeeb demonstrated tremendous leadership in the face of a worldwide epidemic that posed a significant hurdle to many businesses.”