Alpha FX Group Appoints Vijay Thakrar As Independent Non-executive Director

Alpha FX Group plc (LON:AFX), a FX risk management and payment solutions provider, recently announced the appointment of Vijay Thakrar as an independent non-executive Director with immediate effect. 

In addition, Vijay will also seerve as Chair of Audit Committee and a member of the Remuneration and Nominations committees.

As detailed in the official press release, Vijay is a Chartered Accountant with extensive strategic, commercial and governance experience with fast growth public companies, and was previously a Partner at EY and Deloitte. Over the course of his career, Vijay has served on various Boards in a non-executive capacity, including The Quoted Companies Alliance and Quorn Foods, the global meat alternatives business, and has extensive experience in chairing both audit and remuneration committees.

Mr Thakrar is currently a Non-Executive Director at Treatt plc, The Alumasc Group plc, Sanderson Design Group plc and RSM UK.

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Commenting on the appointment, Morgan Tillbrook, CEO of Alpha FX, said: “We undertook a comprehensive search when looking for our next independent non-executive director, and I am delighted we have been able to attract someone of Vijay’s calibre. As well as bringing with him a wealth of experience across a number of successful and respected companies, it was also clear from our first meeting that Vijay really valued our emphasis on culture and people. He is yet another fantastic addition to the business and I look forward to working closely together in the future.”

As Fazzaco previously reported, Alpha FX has reported its financial results for the fiscal year ending December 31, 2020, showing a significant jump in its revenue and profits. The annual revenue for 2020 jumped by 31 percent year-on-year to £46.2 million. The pre-tax profits rose by 27 percent to £17.1 million compared to the previous year.