Former ACM Gold CEO Irfan Pardesi prepares for landing; leaves his CEO position at Skywise Airlines after just 2 months

Serial entrepreneur Irfan Pardesi has left his position as CEO of Skywise Airlines after just two months. Mr. Pardesi was CEO of South African FX brokerage ACM Gold between 2011, and left in August this year to further other opportunities outside of the FX industry, joining South African domestic carrier Skywise Airlines just two months […]

Serial entrepreneur Irfan Pardesi has left his position as CEO of Skywise Airlines after just two months.

Mr. Pardesi was CEO of South African FX brokerage ACM Gold between 2011, and left in August this year to further other opportunities outside of the FX industry, joining South African domestic carrier Skywise Airlines just two months ago as CEO.

Adorned with the hashtags #letsmoveon and #goodexit, Mr. Pardesi added a status to his social media channel which says:

“The Skywise saga comes to an end. It was awesome while it lasted. Incredible experiences and a rollercoaster ride. Although I was only there 2.5 months, the aviation bug has bitten me.”

Mr. Pardesi has not yet detailed his next career move, however he continues to serve as a director of the board at ACM Gold, as well as acting as Chairman of the Board of Gladdington Pty Ltd which began its life as an investment company of Swedish origin which operates hotels and specialist accommodation for visiting sports personalities, particularly football professionals.

In 2012, a group of investors led by Mr. Pardesi acquired the company and elected him as Chairman, at which time the firm converted its properties into luxury student accommodation.

Mr. Pardesi’s tenure with ACM Gold began in January 2006 when he was appointed as a Senior Partner, with the company operating under its original moniker, Accentuate Capital Markets which was later shortened to the acronym ACM.

In recent months, just prior to Mr. Pardesi’s departure from his post as CEO, ACM Gold took the Tradable application-based retail trading platform across Africa.

Still serving as a Senior Partner of that entity, Mr. Pardesi considers this to have been the starting point of his later ventures. ACM comprises of various divisions, focusing on financial consulting and advisory services, to bullion trading (ACM Bullion), investments, venture capital and Shariah compliant trading facilities.

Mr. Pardesi was educated at London School of Economics and Political Science where he gained a Bachelor of Science (BSc) in Operations Research, graduating in 2004.

Read this next

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

<