DKK Partners appoints FX veteran Sandip Sen amid Africa and Middle East expansion
“The company sets the standard in the Frontier Currency space, and I’m very excited to join the team and help the business reach its full potential.”
DKK Partners has announced the appointment of Sandip Sen as a board advisor to accelerate global growth of the emerging markets (EM) foreign exchange (FX) liquidity provider.
Sandip Sen is an FX industry veteran who is a former Managing Director of Citi after almost three decades at the tier 1 bank.
Sandip Sen to provide strategic direction as DKK opens new offices in Africa and Middle East
DKK made the announcement on the heels of steep growth in volumes and revenues as well as the launch of its Ghana operation, headed by entrepreneur Sam Nti. The emerging markets (EM) FX liquidity provider has reported revenues in excess of £60 million.
Sandip Sen joins DKK Partners as a board advisor to help develop the company’s FX capabilities and services in emerging markets, providing strategic direction to the DKK management team as it prepares to announce further office openings across Africa and the Middle East, in addition to its Mayfair headquarters.
Founded by ex-UBS, Citi and Deutsche Bank veteran Khalid Talukder and ex-RBS and Citi expert Dominic Duru, DKK enables businesses to manage currency risk in frontier markets.
“DKK Partners sets the standard in the Frontier Currency space”
Khalid Talukder, Co-founder of DKK Partners said: “Following a period of sustained rapid growth, the time is right for DKK to invest in top tier talent to take our business to the next level. Sandip has the experience, tenacity and market knowledge to enable us to continue our high growth trajectory. We are thrilled that such a seasoned industry expert is playing a crucial role in our journey.”
Sandip Sen, Board Advisor, DKK Partners commented: “DKK Partners is an incredible business with enormous potential. The team have proven that it is possible to deliver exceptional growth whilst making substantial contributions to charitable causes and giving something back. The company sets the standard in the Frontier Currency space, and I’m very excited to join the team and help the business reach its full potential.”
As an emerging markets (EM) FX liquidity provider, DKK Partners focuses on three key areas: FX risk management, FX liquidity, and local collections.
DKK’s Ghana operation addresses lack of FX support from central bank
In late 2022, DKK Partners opened a Ghana operation to serve as a hub for the booming African market as the firm expands access to emerging markets (EM) and foreign exchange (FX) liquidity.
The new Ghana office is led by entrepreneur Sam Nti, who joins as director, and will include an additional four full-time staff. The new operation will be based in The Atlantic Tower building at Airport City, in Ghana’s capital, Accra.
The local entity will onboard key importers with a high demand for FX, following the Bank of Ghana’s withdrawal of FX support in certain industries.
The firm offers virtual IBAN accounts, allowing customers to unlock access to new territories and currencies, as well as EM liquidity, giving direct access to real-time pricing and execution across frontier, emerging and G10 market currencies.
