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Offshore CFDs broker Xellion has hired Ramesh Mungara

Offshore CFDs broker Xellion has hired Ramesh Mungara, an EBC and VT Markets alum, to lead Sales. Read about the appointment.

Offshore CFDs broker Xellion has hired Ramesh Mungara

Xellion Names Former EBC and VT Markets Executive Ramesh Mungara Global Head of Sales

Dubai-based offshore CFD broker Xellion has appointed Ramesh Mungara as its global head of sales and business development, FX News Group reported on November 9, 2026.

Mungara most recently led EBC Financial's Africa operations. He built the company's commercial presence in the region from scratch, growing it from no local business development staff to a team of more than 15 people across several countries.

Before joining EBC, Mungara headed Africa for VT Markets. His previous roles also include positions at MTrading, CMTrading, and FxPro.

At Xellion, he will lead efforts to expand the broker's business across Africa, Asia, the GCC, and Latin America. He will also work on partnerships, sales team development, and new business opportunities in those markets.

Xellion is primarily managed from Dubai and is registered in Mauritius. The broker mainly serves clients in India and the Far East. Its group also operates Exco, an offshore CFD brokerage brand registered in St. Lucia.

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