Exclusive: Gurpreet Dehal steps down as Chairman of Equiti Capital
FNG Exclusive… FNG has learned that Gurpreet Dehal has stepped down as Chairman of London based institutional FX/CFDs broker Equiti Capital UK Limited. He has also resigned his position on the Equiti Capital board.
We had reported exclusively back in February that Gurpreet Dehal had replaced David Meek as Non-Executive Chairman of Equiti Capital, the FCA regulated arm of global online broker Equiti Group. Mr. Dehal had served on the board since 2018, and agreed to step in temporarily after Mr. Meek stepped down. At the time the board also added Paul Webb, who joined the company as COO last summer from rival firm ADSS UK.
FNG received the following input from a spokesperson at Equiti Group:
“After almost four years as a Non-Executive Director, Gurpreet Dehal is stepping down from the Equiti Capital Board to focus more on his university and school trust governance roles, given his passion for education. In addition, to spend more time on his Board roles with infrastructure development, both nationally and regionally for East London.
Nigel Holmes, Equiti Capital’s interim CEO, expressed his thanks to Gurpreet for the significant contribution made towards the business growth and overall development of the Company during his time on the Board.”