Ebury recruits new head of desk

The global foreign exchange and trade finance fintech has hired Marc Lim to run the desk at its rapidly growing Sydney office.

Lim - who has variously worked as a dealer, team leader and sales manager - joins Ebury from Swyftx where he did a short stint as an OTC Dealer before switching companies.

Previous roles included one year as head of growth at Ebonex and seven years at Afex.

As head of the desk at Ebury in Sydney, his responsibilities include providing advice and using Ebury's range of sophisticated FX hedging products, to assist in importing and exporting clients' hedge currencies.

Ebury Australia managing director Rick Roache said Lim's appointment comes during a sustained period of rapid growth.

The firm said revenue had increased by more than 120 per cent over the past 12 months as export markets shook off covid-related supply chain issues.

Ebury established its Australian operation in 2018. It has FX and trade finance capabilities in more than 130 currencies and offices in 20 countries linked by a single best-in-class platform.

"Ebury has rapidly built a reputation as a market leader in Australia with our core products of spot FX, hedging, cash management and trade finance for importing and exporting SMEs," Roache said.

"Having invested in our brand, developed a deep base of clients and with our experts on the ground right across Australia, we are seeing a significant uptick in demand."