Xellion Appoints Ramesh Mungara as Global Head of Sales

Dubai-based offshore CFD broker Xellion has appointed Ramesh Mungara as its global head of sales and business development, according to a report by FX News Group on November 9, 2026.

Mungara joins Xellion after leading EBC Financial's Africa operations, where he built the company's commercial presence in the region from scratch. Under his leadership, the team grew from no local business development staff to more than 15 people across several countries.

Before EBC, Mungara headed Africa for VT Markets. His earlier roles include positions at MTrading, CMTrading, and FxPro.

In his new role at Xellion, Mungara will lead efforts to expand the broker's business across Africa, Asia, the GCC, and Latin America. He will also focus on partnerships, sales team development, and new business opportunities in those markets.

Xellion is primarily managed from Dubai and is registered in Mauritius. The broker mainly serves clients in India and the Far East. Its group also operates Exco, an offshore CFD brokerage brand registered in St. Lucia.