Michael Davies becomes Head of eFX Sales at Sucden Financial

Among senior industry figures within the institutional FX and prime brokerage sector, some highly talented and very experienced professional stand out.

One such executive is Michael Davies, who today has been promoted to Head of eFX Sales for the EMEA region at Sucden Financial in London.

Mr. Davies joined Sucden over 10 years ago as an analyst, and moved into the company’s eFX division in 2011.

As the eFX division of the company has evolved, Mr. Davies has been instrumental in not only assembling the team which maintains a reputation as a pinnacle among London’s giants, and has also grown a global client base of retail brokerages which include some very long established and well recognized firms.

Indeed, Mr. Davies is a reference point for this particular sector of the industry, his extensive knowledge standing him in good stead for this leadership position.

Making a commercial statement on Mr. Davies’ appointment, Michael Overlander, Chief Executive of Sucden Financial stated

“Michael has been instrumental in establishing and growing our e-FX team and his promotion is very much deserved.”

Mr. Davies said of his elevation to Head of eFX Sales EMEA

“Sucden Financial has a great eFX offering, with a 100% STP model, established bank relationships, a strong balance sheet, and over 40 years of experience in the financial markets. We are in a strong position for continued growth and, as part of my new role I plan to continue our focus on emerging markets as well as key territories such as London, where it appears there is a surge in new brokerages establishing themselves.”

FinanceFeeds wishes Mr. Davies great success in leading the eFX division of Sucden Financial.