Alpha FX announced the appointment of Tim Powell as Executive Director. He will succeed Tim Kidd, who will step down as CFO in line with his retirement plans announced by the Company on 19 January 2022. Tim Powell will join the Board on 1 December 2022.

Tim Kidd will be stepping down from the Board effective from 1 December 2022, but will continue to support the Company as part of a transition arrangement, up to the publication of the full year results in March 2023. Tim Powell brings over 20 years of experience working in high-quality fast-growing public companies. 17 of these years were at the FTSE 100 listed, London Stock Exchange Group (LSEG).

He was CFO of the LSEG's large subsidiary, London Stock Exchange, and was finance lead for the $27 billion acquisition and integration of Refinitiv. Tim was responsible for functions covering a cost base of over £800 million, with over 13,000 employees, whilst the LSEG had grown income to over £7 billion with a £40 billion+ market capitalisation. Tim Powell is a Chartered Accountant.

He began his career at CLB Littlejohn Frazer and British Telecom Group before joining the London Stock Exchange Group in 2005.