John Reed Becomes Non-Executive Chairman of ActivTrades

ActivTrades, one of the fastest growing brokerages in the UK industry in recent years, has just appointed John Reed as a new non-executive director to the company’s board, a regulatory filing with the UK Companies House shows. The move is bolstering the team behind the firm with a very experienced financial services professional with numerous years of experience in similar roles at other companies in the industry.

Throughout his career, Mr Reed has been actively engaged in a number of executive roles in banking, wealth management and insurance. After a solid career in the industry Mr Reed has taken on several chairman and non-executive director roles in companies that are focused on the financial services industry.

John Reed, Non-Executive Director of ActivTrades

Mr Reed is currently Chairman of EFG Private Bank Limited, where he also chairs the Audit Committee and is a member of the Risk and Remuneration Committees. He is also Deputy Chairman and Trustee of the National Motor Museum Trust, Chairman of Innovation Finance Ltd and a Non-Executive Director, Chair of Audit and Compliance Committee at the Bank Of The Philippine Islands (Europe) PLC since June 2009.

ActivTrades registered and is likely to continue such a performance throughout this year. The company registered an increase in revenues last year to $45.3 million (£31.4 million), up 26.5% YoY from $35.8 million (£24.8 million) in the year prior.

The company also registered a $13.9 million (£9.6 million) profit after tax, up from $6.6 million (£4.6 million) in the year prior.

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