AxiCorp, the parent company of the forex and contracts for difference (CFDs) broker AxiTrader, announced it has appointed Rajesh Yohannan as its new CEO. Yohannan succeeds Goran Drapac, founder and CEO of AxiCorp since its establishment.
Yohannan joins AxiCorp after three years as CEO and managing director of Oanda Pacific, where he was responsible for the entire Asia region.
“This is a very exciting and memorable day for AxiCorp,” said Goradn Drapac. “I have been looking for the right CEO to replace me who will take AxiCorp (AxiTrader) through its next growth stages. I found that person in Rajesh Yohannan. Not only does he have an impeccable resume but he shares the same values and passion I have for the industry and the potential of AxiCorp (AxiTrader),” Drapac added.
“The financial services industry is going through an exciting period, with modern technology creating new business models and threatening existing ones,” said Rajesh Yohannan. „I truly believe that AxiCorp (AxiTrader) has the potential to become a global, digital, multi‐asset, new‐age brokerage firm that serves the needs of the modern day investor,” he added. “Goran and his team have built a fantastic franchise and laid a strong foundation – it’s my job now to take the Company to the next level in its progress.”
Rajesh Yohannan’s appointment is effective from June 9, but is subject to regulatory approval.
AxiCorp was founded in 2007 in Sydney and offers trading in forex with the latest trading technologies. It has become one of Australia’s largest forex brokers. The company also has offices in London and Dubai and significant operations in Moldova.
AxiCorp has three key companies: AxiTrader – its flagship retail brand for online trading of forex, CFDs, indices and other financial instruments with clients in more than 150 countries across the world. AxiPrime is the institutional brand, aimed at providing trading solutions for large clients, including banks, brokers and money managers. AxiSelect is a development program designed to provide a path for talented traders towards a successful trading career.
AxiCorp is authorized and regulated by the Australian Securities and Investments Commission (ASIC), holding Australian Financial Services License number 318232. The local branches of AxiTrader have authorization by the relevant local regulators.