Turkey based financial services firm Global Kapital Group has announced the appointment of David Papier as Head of Institutional Sales for GKPro, its UK based B2B broker.

The company added that the appointment will be followed by further top-level hires, as GKPro continues to expand in the B2B space. GKPro recently hired FXCM veteran Adam Dougall as CEO, which was exclusively reported at the time by FNG.

With 12 years of broking industry experience, David Papier began his career at trading platform CMC Markets and went on to hold senior client management positions at ETX Capital, the derivatives provider, where he worked since 2014, most recently as Head of Online and Institutional Services.

The expansion of GKPro comes as GKG seeks to expand its brokerage services globally.

FCA-regulated GKPro provides foreign exchange, commodities, indices and other brokerage services to asset managers, hedge fund managers and other institutional investors. Recently boosting its authorised capital by €4 million, GKPro magnified its commitment to the UK market, offering access to Tier 1 liquidity, ultra-low latency, and millisecond execution across a broad range of financial products.

Adam Dougall, GKPro Chief Executive Officer, said:

“GKPro is very pleased to welcome David. Not only will he be a great addition to the team with his extensive industry experience, but his appointment also represents further investment in the wider Group’s institutional trading division as we look to diversify our brokerage offerings globally. With the backing of the Group, and access to world leading technology and robust, stable systems, we believe GKPro will become the broker of choice for many financial institutions.”

David Papier, GKPro Head of Institutional Sales, added:

“Institutional traders expect bespoke services designed to meet their needs. GKPro understands that there is no one size fits all approach, and with the wider Group’s backing, strength, and global network, GKPro will be able to offer our clients unparalleled levels of service. I am looking forward to driving forward the transformation of our sales and client management infrastructure, delivering market leading products and bringing integrity and quality of service to the business.”

The GKG group is controlled by Turkish businessman Kasim Garipoglu, via his Istanbul based holding company Global Kapital Group. In addition to the GKPro brand, GKG operates Retail FX broker GKFX, and Australia based FX broker FairMarkets, which it acquired last year.