Invast Global promotes Riana Chaili to head EMEA business

abdelaziz Fathi

Sydney-based prime-of-prime provider Invast Global has once again made a key appointment to its executive personnel group, this time promoting Riana Chaili to head its EMEA business.

Riana had initially joined the Aussie broker back in July 2021 as Managing Director of Cyprus. In her new role as Chief Executive Officer of EMEA, she will remain based out of Invast Global’s office in Limassol.

Ms. Chaili had been a mainstay at IC Markets since 2017, when she originally joined the group as its head of RTO, a position he had served in for almost three years.

Finance Feeds had the opportunity to speak with Riana Chaili at the iFX EXPO Dubai. She headlined on the Female Industry Leaders panel, discussing the importance of accessibility and diversity in driving growth.

“We are very excited by the opportunities we see in the market and the skills, experience and connections Riana brings to the role. We are also particularly delighted to announce our first female CEO in what is a traditionally male dominated field of Prime Brokerage,” said James Alexander, Invast’s Chief Commercial Officer.

Invast Australia CEO Gavin White added: “This is a natural next step for Riana. She has many years of senior experience in FX dealing operations and risk management. I’m confident Riana will continue to effectively lead our Cyprus team and grow our presence in Europe and beyond.”

Invast adds a veteran banker from Credit Suisse

Invast Global has been ramping up hiring to capture more market share in a booming PoP environment. Traditionally, only the largest funds and institutions have been able to get access to the benefits provided by the non-bank market makers. This is because access has relied on the client having a tier one prime broker relationship.

The new hires also follow growing global demand for Invast’s PurePrime facility. Tailored for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers optimised FX and CFD liquidity via multiple trading GUIs or API, backed by tier one prime brokers.

Most recently, the company hired veteran banker Matt Harris from Credit Suisse Group AG, as it doubles down on investing in its liquidity franchise.

Harris is a seasoned financial services industry professional with over 20 years’ experience cutting across banking and prime brokerage services. He has strong networks with international investment banks, corporate clients, regulators and peers in the sector.

Most recently, Harris spent six years at Credit Suisse’s prime services for private banking (PS4PB). The unit caters to a client segment that includes mid-sized hedge funds and family offices and other buy-side institutions, which are currently experiencing a variety of challenges, such as accessing the wholesale ‎‎foreign exchange price matching community via a prime brokerage model‎. ‎

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