Tim Butters appointed to Alpha FX board

(Sharecast News) - Foreign exchange risk management and alternative banking company Alpha FX announced on Thursday that its chief risk officer Tim Butters was being formally appointed to the board.
The AIM-traded firm said Butters joined Alpha from WorldFirst in 2019, with more than 15 years of experience in risk management, including as head of risk at WorldFirst, and at derivatives market maker Mako Trading.

Since joining Alpha FX, he had been "instrumental" in defining and building out the company's risk management framework, the board said, as well as growing and leading a team that was driving a "robust" risk culture through the business.

"Under Tim's stewardship, the group is in a very experienced and diligent set of hands, and from day one he has shown he is deeply invested in the long-term growth of the business and ensuring we have a leading risk framework that supports this," said chief executive officer Morgan Tillbrook.

"I have thoroughly enjoyed working with him over the past few years, and look forward to having him working more closely with the Board and me moving forward."

At 1052 BST, shares in Alpha FX Group were up 2.56% at 2,000p.