Equiti Group has made a couple of big changes in its top management as Equiti Capital (UK) CEO Brian Myers was relieved from his post to become the Chief Executive of Equiti Brokerage (Seychelles), the Group’s newest licensed entity.
Additionally, he will become the CEO of the Group’s African business and be responsible for leading the implementation of strategic business plans in the continent.
At the London office, Myers was replaced on an interim basis by Nigel Holmes, who has been a Director and Board Member of Equiti Capital (UK) since March 2018.
Announced on Thursday, the management changes are now subject to the approval of the UK’s Financial Conduct Authority (FCA) and Seychelles’ Financial Services Authority (FSA).
Myers joined the Equiti Group in mid-2018, becoming the CEO of its UK subsidiary. Before that, he was the Head of GKFX, the brokerage brand of Global Kapital. Moreover, he served as the Chief Commercial Officer (EMEA) at OANDA and Global Head of Sales at Alpari (UK).
“The Group is very appreciative of Brian’s contributions to date and now looks forward to seeing his experience and talents applied in helping the Group to quickly and successfully expand its African footprint including assuming the role of CEO for our new entity Equiti Brokerage (Seychelles),” said Iskandar Najjar, CEO at the Equiti Group.
Replaced by a Veteran
Myers’ interim replacement in the UK, Holmes, brings 37 years of financial services industry experience to the role. He spent 24 years of his career at Societe Generale Corporate & Investment Bank, and also had stints at Lloyds Bank and Standard Chartered.
“Nigel’s extensive financial services experience gained across both the brokerage and banking industries, as well as in-depth knowledge of the global Equiti Group, will ensure that Equiti Capital (UK) continues on its strong growth path under solid leadership,” Najjar added.