FNG Exclusive… Fresh off of the acquisition of parent company Monecor (London) Limited last month by Switzerland based fintech investor Guru Capital SA, London based Retail FX and CFDs broker ETX Capital is continuing to reshape its management ranks, making a few key hires.

FNG has learned that ETX has hired Nandik Barbhaiya as the company’s new CMO, and Alexandra Marsh as Chief Legal and Compliance officer.

Nandik Barbhaiya was Global Head of Marketing at FXTM until 2019, before spending some time at financial lead generation company Finixio. He has also previously worked in marketing at OANDA.

Alexandra Marsh has worked in compliance for companies such as Belmond, UK Tote Group, Pictet Wealth Management, and Rothschild & Co, following a five year stint as a Solicitor at Nabarro LLP (now CMS).

Philip Adler, CEO of ETX Capital commented to us:

“We are delighted that Nandik Barbhaiya and Alexandra Marsh are joining the ETX Executive team as CMO and CLCO respectively. Nandik brings great experience in digital marketing, growth strategies and product management. Alexandra brings a wealth of experience in Legal and Compliance, Corporate Governance and tremendous people skills at an exciting time in the development of ETX under the new ownership of Guru Capital.”

Alexandra Marsh, Chief Legal and Compliance Officer added:

“I’m delighted to join the ETX Executive Team as Chief Legal and Compliance Officer. With the company under new ownership, it is an exciting time to be joining ETX, and I am looking forward to the journey and see the company grow even further.”

Nandik Barbhaiya, ETX’s new CMO also said”

“I am excited to join ETX Capital and lead the global marketing vertical. Guru Capital has a vision to take ETX Capital to new heights globally with multi asset product offerings. Together we will focus to take ETX Capital’s global brand proposition even further, keeping a customer focused approach at the centre of the company’s ethos.”

As noted above ETX Capital was acquired by Guru Capital SA in a transaction that closed last month. Since then the company has begun to reshape its management team and board of directors. We expect more changes at ETX Capital in the coming months.