Global Kapital Group announced that it has named David Papier as its new Head of Institutional Sales for GKPro, effective from January 2022.
As reported in a press release shared with Finance Magnates, David Papier, an accomplished senior manager with 12 years of experience selling high-risk financial products, has been onboarded by Global Kapital Group, a global financial services conglomerate, as its new Head of Institutional Sales for GKPro, its UK based B2B broker.
Papier brings more than twelve years of broking industry experience to GKPro. This hire comes before other top-level planned hires when GKPro intends to continue expanding globally in the B2B space, the company stated.
The B2B broker, GKPro, regulated by the FCA, provides foreign exchange, commodities, indices and other brokerage services to asset managers, hedge fund managers and other institutional investors.
Lately, it boosted its authorised capital by $4 million, plus the broker enhanced its commitment to the UK market, by offering access to Tier 1 liquidity, ultra-low latency, and millisecond execution across a broad range of financial products.
Glancing Back over Papier’s Career
Prior to the announcement by Global Kapital Group, Papier served ETX Capital as its Head of Online and Institutional Services. For more than seven and a half years, he was a key member of the leadership team with direct reporting responsibilities to the executive management team. He led the development and implementation of the long term strategic plan and priorities, ensured plans met company objectives, among other duties, according to his LinkedIn profile.
Before that, Accendo Markets recruited him as its Sales Trader. Over the course of a year, he independently managed a diverse portfolio of clients as part of his responsibilities.
Earlier, in January 2010, Papier joined the ranks of CMC Markets as its Premier Client Manager. Here, as well as his other duties, he identified and cultivated customer relationships across brokers, financial institutions and high net worth individuals that supported growth and market expansion.
To Diversify Our Brokerage Offerings Globally
Commenting on the appointment, Adam Dougall, the Chief Executive Officer at GKPro, stated: “GKPro is very pleased to welcome David. Not only will he be a great addition to the team with his extensive industry experience, but his appointment also represents further investment in the wider Group’s institutional trading division as we look to diversify our brokerage offerings globally. With the backing of the Group, and access to world-leading technology and robust, stable systems, we believe GKPro will become the broker of choice for many financial institutions.”
“Institutional traders expect bespoke services designed to meet their needs. GKPro understands that there is no one size fits all approach, and with the wider Group’s backing, strength, and global network, GKPro will be able to offer our clients unparalleled levels of service. I am looking forward to driving forward the transformation of our sales and client management infrastructure, delivering market-leading products and bringing integrity and quality of service to the business,” added Papier.
