Rinsy Ansalam appointed as MD & CEO of GBOT

Ebène, June 11, 2012: Mr. Rinsy Ansalam has been appointed as the MD & CEO of Global Board Of Trade Ltd. (GBOT), promoted by the Financial Technologies (India) Ltd. He will succeed Mr. Joseph Bosco, who has relinquished the post of MD & CEO due to personal health reasons. The clearance for the appointment of Mr. Ansalam as the new MD and CEO of GBOT has been granted by the Financial Services Commission (FSC) Mauritius, the integrated regulator for the financial services sector in Mauritius other than banking and global business.

Mr. Ansalam brings with him more than 15 years of rich experience spanning commodity exchange markets, warehouse receipts system, information technology, private equity and business consulting. Most of the projects and assignments handled by him during this span were start-ups and/or unique in nature. These assignments gave him opportunities to conceive new business ideas; structure the business model for implementation, including ownership and operational structures; apply information technology; and structure monetization of such ideas. The assignments also gave him significant exposure to the legal structures pertinent to business areas. 

Commenting on his appointment, Mr. Paras Ajmera, Director – Operations & Human Resources, Financial Technologies said: “We are happy to have a professional like Mr. Ansalam, with wide-ranging experience in the field of exchanges and exchange ecosystem, to head GBOT.”

“We also sincerely thank and appreciate Mr. Joseph Bosco for his contribution towards setting up and operating the exchange,” he added.