FDC Strengthens Board of Directors with Appointment of Naim Abdullah

Naim will help establish and oversee FDC's audit committee charter.

Forex Development Corporation (FDC), a New York-based provider of FX prime brokerage solutions, today announced the addition of Naim Abdullah as the latest member of the company’s board of directors.

In line with the FDC’s strategy and focus on strengthening audit applications, Mr. Abdullah brings expertise and executive leadership experience within key segments. His appointment is expected to further enhance the range of skills and expertise on the FXPB board.

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Naim has more than 13 years of experience in the financial industry, including strong leadership in equity derivatives markets, portfolio management, financial advisory and planning. He currently works as manager of the financial planning and analysis division at Cetera Financial Group.

His career has also encompassed various stops including as senior analyst at Reality Shares. Prior to that, Mr. Abdullah served as a portfolio manager and consultant for several hedge funds, where he primarily focused on the development and execution of ETF and index arbitrage trading strategies.

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Mr. Abdullah began his career back in 2004 at Susquehanna International Group, LLP, where he spent 5 years managing a diverse global portfolio of equities and ETF derivative products.

He earned his MBA in finance from the Wharton School of the University of Pennsylvania and also holds a BA degree in Economics from Princeton University.

FDC is a New York-based company that provides technology packages that equip companies to operate as prime brokers. The company’s B2B offerings allow brokers of all sizes to license its technology to develop prime brokerage products that offer MetaTrader 4 integration, real-time analytics, introducing broker structures, as well as customer service and individualized platform solutions.

Commenting on his appointment, Naim Abdullah said: “I am thrilled to be joining FDC’s leadership team and look forward to working with an exceptional team with the demonstrated capabilities for delivering innovative products and services in the fintech sector, and I am eager to draw from my experience to guide the Company during this rapid growth phase.”

Mitch Eaglstein, FDC’s CEO, added: “We are very excited to have Naim join our leadership and governance team. He is an outstanding individual who has exhibited stellar academic and professional achievements. Naim will be a critical driver in establishing and overseeing our audit committee charter.”

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