Valutrades Announces Departure of CFO Liam Bonfield After Significant Contributions

Valutrades, a prominent Retail FX and CFDs broker based in London, has announced the departure of its Chief Financial Officer (CFO), Liam Bonfield, marking the end of an influential eight-year tenure. Bonfield, who joined the Valutrades team in 2016, has been a pivotal figure in the company’s financial management and strategic planning.

Prior to his role at Valutrades, Liam Bonfield brought with him a wealth of experience from previous positions at GMO Z.com and London Capital Group, significantly contributing to the growth and development of Valutrades over the years.

Graeme Watkins, CEO of Valutrades, expressed his gratitude towards Bonfield, stating, “We would like to thank Liam for all his efforts at Valutrades. We would not have been able to have achieved everything we have done without him and wish him all the best on his future endeavours.” This sentiment reflects the high regard in which Bonfield is held within the company and the industry at large.

In response, Liam Bonfield shared his appreciation for the support he received during his time at Valutrades. He said, “I would like to thank the board and shareholders for all of their support during my 8 years as CFO of Valutrades Limited. I have thoroughly enjoyed working with some talented people over the years. With the recent investments in the new technology stack, I have every confidence in the future success of the business and I wish the team the very best for the future.”

Valutrades, which has been under the leadership of CEO Graeme Watkins since 2015, is regulated by the Financial Conduct Authority (FCA) in the UK. The broker has recently undergone a rebranding in 2023 following a year of strong financial performance.

In its most recent fiscal year (2022), Valutrades reported a 47% increase in revenues, reaching £6.5 million, and a net profit of £735K. The company’s success is attributed to its innovative approach and the significant investments in technology, alongside the strategic leadership of individuals like Bonfield.

Owned by Indonesian investors Aman Lakhiani and Anil Bahirwani, Valutrades is poised for continued success and growth in the competitive world of online brokerage. As the company bids farewell to a key member of its executive team, it remains committed to building on the solid foundation laid during Bonfield’s tenure, aiming to achieve new heights in the future.