Trading communications provider IPC Systems has appointed Sandip Pal as its new head of sales for India. Pal will be based in IPC's Mumbai office and will report to the Southeast Asia sales director, Frankie Yong.
In his new role, Pal will be responsible for growing IPC's customer base as well as expanding the business into new markets. Pal has over 10 years of experience in financial services sales, including work at Thomson Reuters, where he served as sales manager and business development manager for the Indian financial market.
“Serving our customers with a local expert, who understands the acute demands of the Indian financial community, will be a key factor in the success of IPC's Indian business,” said David Dodd, senior vice president and managing director for IPC's Asia-Pacific region.
The firm has expanded its business and connectivity in Asia over the last year, where it has been trialling a new unified trading communications platform, Unigy, since March 2011.
IPC Systems connected to pan-Asian trading venue Chi-East, which operates in Hong Kong, Singapore and Japan, in April 2011, as well as to Hong Kong Exchange and Clearing and Japanese derivatives venue the Tokyo Financial Exchange in March.
With its Asia-Pacific headquarters in Hong Kong, IPC currently has 12 offices across the region providing sales, implementation, integration and support services.