In his role as CFO of EV Holdings, Singh will have ultimate responsibility for the Accounting and Treasury departments.
(1888PressRelease) January 18, 2019 - Elibank Vernon, a broker and clearing company that provides a broad Commodity and Currency Trading facility to investors, traders and institutions, wishes to announces today that Davinder Singh joins the firm today as Executive Vice President and Chief Financial Officer (CFO) of the firm’s holding company. Singh, 47, has spent more than two decades in senior operational, financial, management and consulting roles for alternative investment and brokerage firms.
Singh, a Certified Public Accountant (CPA), most recently served as a management consultant with a boutique consulting and investment banking firm. Previous to that as Managing Director, he ran the office of a leading independent administrator for the alternative investment industry. Previously, he helped establish and led a Fund Services company, a venture that provided fund administration and tax consulting services to hedge funds and fund of funds.
He was Managing Director and CFO of a top investment bank in charge of global derivatives clearing and execution business. In addition to financial and management reporting for the firm's global business line Singh managed the regulatory reporting.
Benjamin Hsien Yang, Chairman & Chief Executive Officer, said: "I've known Davinder for 15 years, and he has a proven track record of developing growth initiatives, achieving operational efficiencies and strategically managing the allocation of resources. We’re thrilled to have him on board."
Singh said: "Elibank Vernon has grown significantly while playing a leading role in addressing the many changes the industry is facing. I believe the firm is perfectly positioned to continue its growth as an industry leader, and I look forward to joining the strong management team and contributing to the success of the organization."
About Elibank Vernon
Elibank Vernon is a broker and clearing company that provides a broad Commodity and Currency Trading facility to investors, traders and institutions. Elibank Vernon provides a complete bouquet of client friendly services in the Commodity and Currency Futures and Options market. It is our endeavor to provide our clients with the most comprehensive commodity-trading platform available. The Company strives to deliver individual and institutional clients the best execution services in commodity and currency futures. The firm has started its successful operations via its proprietary trading platform with a satisfied clientele consisting of individuals and institutions from all over the world.