Ex-Citi FX Veteran Sandip Sen Joins DKK Partners to Advise Board

A foreign exchange (FX) liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider for emerging markets, DKK Partners, has announced its newest appointment of Sandip Sen, the former Managing Director of Citi FX, as the Board Advisor. His primary responsibilities in the new post focus on accelerating the company's growth.

From Citi FX to DKK Partners

Having held high-ranking positions at Citibank for nearly 30 years, Sen has been appointed to oversee DKK's expansion into international markets and support the development of the company's foreign exchange capabilities and services in emerging economies.

Sen Joined Citibank as a Management Associate in India in 1990 and moved to the London branch in 1999 to lead the Structured Products team. For the last nine years, he was positioned in the FX Sales department, firstly as the Head of Corporate for the CEEMEA region, and most recently, as the Head of Client Strategy and Chief Operating Officer. He resigned in 2019, and since then, he has been involved in supporting companies in the financial industry as an independent advisor.

"DKK Partners is an incredible business with enormous potential. The team have proven that it is possible to deliver exceptional growth whilst making substantial contributions to charitable causes and giving something back," Sen commented.

"The company sets the standard in the Frontier Currency space, and I'm very excited to join the team and help the business reach its full potential."

In addition to overseeing DKK's international expansion, Sen will provide strategic guidance to the company's management team as it prepares to unveil new offices across the Middle East and Africa as well as its London base.

Additionally, DKK Partners has experienced substantial growth in both revenue and trading volumes, and recently, it announced the launch of its Ghana operation, which will be led by entrepreneur Sam Nti.

"Following a period of sustained rapid growth, the time is right for DKK to invest in top tier talent to take our business to the next level. Sandip has the experience, tenacity and market knowledge to enable us to continue our high growth trajectory. We are thrilled that such a seasoned industry expert is playing a crucial role in our journey," Talukder stated.

DKK was established by a team of capital markets specialists, including Khalid Talukder, formerly of UBS, Citibank, and Deutsche Bank, as well as Dominic Duru, who previously worked at RBS and Citibank. The firm specializes in assisting businesses with currency risk management in frontier markets.

Watch the recent FMLS22 panel titled: "Prime Time: Liquidity Between Retail & Institutional Trading."

Other Exec Moves This Week

Earlier on Wednesday, Finance Magnates reported that Invast Global strengthened its executive team by appointing Johan Koo as the Director and Head of Prime Services APAC (excluding Japan). On top of that, Invast's prime services team has made two additional appointments, with Cyrus Poon taking on the role of Managing Director of Prime Services, while Matt Harris has been appointed as a Director.

Additionally, the Foreign Exchange Professionals Association (FXPA) has elected a new crop of Officers and Board Members. Susan Dauber, the Head of Legal and Regulatory at Euronext FX, has been selected as its new Chair and Chip Lowry, the Senior Managing Director and long-time executive at State Street Global Markets, as the new Vice Chair.

In a separate move, Angelos Christofi has left Conotoxia brokerage to join NKB Solutions, 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 infrastructure provider, as the new Director of Sales. Meanwhile, Denis Golomedov, the Chief Marketing Officer (CMO) of RoboMarkets, resigned after five and a half years and took up the position of CMO at another undisclosed company.