Japanese forex broker, Invast Securities Co. Ltd, announced on Monday that it has promoted Gavin White to Global Head of Strategic Relationships for the Invast Group. White is the current Chief Executive Officer (CEO) of its subsidiary, Invast Global.
White is based in Australia and is also the Board Director for the Invast Group. According to the statement, after he took over Invast Global as CEO in 2014, the growth and success the subsidiary has achieved have impressed the Board of the parent company.
In his new role, White will lead negotiations for all of the group’s strategic relationships globally. This includes Prime Brokers, Technology Vendors, Joint Ventures, Acquisitions, and Partnerships.
White has more than three decades in the forex industry. He first began his career in 1987 as a Senior forex Dealer at Westpac bank. Throughout his career, he has worked for top-tier financial firms such a Barclays, Cantor Fitzgerald, and MF Global.
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Commenting on the promotion of White, President and CEO of Invast Securities, Takeshi Kawaji, said: “Gavin, Jon Leung (COO), James Alexander (CCO) and Nicholas Briscoe have built a team and infrastructure which is the envy of the industry.”
“The Board of Invast Securities Co and I are proud of what they have been able to achieve. We look forward to continuing to support their ambitions. The appointment of Gavin to the Board of Invast Securities Co., Ltd – and now his appointment as Head of Strategic Relationships for the parent company, is a huge endorsement for Gavin and his team.”
The rise of Invast Global
Invast Global provides multi-asset prime services, liquidity, and execution services to hedge funds, asset managers, brokerages and HFT firms. Since White took over the reins as CEO, the company has increased its exposure internationally. However, White credits the success to his team.
White noted: “we have a highly-skilled, focused and determined team at Invast Global. We have built a global firm which is squarely aimed at moving into businesses that global banks are being forced to withdraw from due to tightened bank-centric regulations.”
“There is huge and growing demand for bank-alternatives in the prime services space. We are working very hard to fulfil this demand. I look forward to adding value in my new role to ensure our business remains highly competitive and sustainable.”