MultiBank’s MEX Exchange hires Vibhanshu Bahuguna as Senior Director

MultiBank Group’s institutional electronic communications network (ECN), MEX Exchange, has appointed Vibhanshu Bahuguna as Senior Director, the Dubai-based retail FX and CFDs broker announced. The move comes about two months after the passing of Senior Director Keith Tebbutt, who served as the effective second-in-command to MEX Exchange CEO David Ogg.

Bahuguna, who is based in Singapore, began his career at Bloomberg before joining TradingScreen, where he delivered multi-asset trading access solutions. He later managed State Street’s Currenex and FX Connect franchise across Southeast Asia, and from 2015 led TradAir’s Asia-Pacific business, driving adoption of the firm’s FX aggregation, pricing engine and white-label trading technology until TradAir was acquired by ION Group in 2022.

Most recently, Bahuguna headed Sales and Business Development at Cypator ECN, where he worked alongside TradAir’s original co-founder to expand the platform’s institutional footprint. Earlier this year, MEX Exchange also added another TradAir alum, Brian Andreyko, as Chief Product Officer.

Commenting on the appointment, MEX Exchange CEO David Ogg said: “We are delighted to welcome Vibhanshu to the team. He brings an exceptional combination of commercial leadership, market expertise, and deep relationships across the institutional trading ecosystem. His experience in building and scaling electronic trading businesses across the Asia-Pacific region will be instrumental as we continue expanding MEX Exchange’s global presence.”

Bahuguna added: “MEX Exchange represents one of the most exciting opportunities in institutional electronic trading today. The vision, technology and leadership assembled by the team provide a unique platform to redefine institutional market access, and I look forward to contributing to the next phase of the company’s growth.”

MEX Exchange provides electronic trading solutions, liquidity, high-performance execution services, smart order routing, technology and credit intermediation to banks, brokers, hedge funds and professional trading firms. It operates as the institutional division of MultiBank Group, which is controlled by founder and Chairman Naser Taher.