Paresh Kotecha is a Commodity trader with over 35 years of experience, and he comes from a merchant family in Uganda. He was a senior trader at Louis Dreyfus Trading Limited and at European Grain and Shipping, both based in London, covering grains/oilseed trading and hedging risk on exchanges derivatives globally. Since 1995, Paresh has been involved in food security issues and commodity consultancy matters across SADC with the FAO, the U.S. Aid and has worked as an advisor to the Zambian Minister for Agriculture, Food and Fisheries.
In 1997, he established B&P Group in South Africa, which was a leading independent broker on the JSE SAFEX Commodity Derivatives market. In addition, he has been active in the physical grain and oilseed transactions across the region from farm gate to bulk global trade.
In 2007, Richcomm Global Services was established in the DMCC and it is a regulated derivatives’ broker on the Dubai Gold and Commodities Exchange. Further, in 2017, the company was approved as a Sub-Investment Manager by the Maltese Financial Services Authority on Almagest SICAV plc – Commodity Trading Fund - as well as a shareholder in Artemis Asset Management, a category II EU regulated asset manager.
BOARD OF DIRECTORS
Ms Nisha Kotecha
Nisha has over 25-years of experience in commodity futures and options brokerage business in South Africa and Middle East region.
As a director of B&P Group Limited (Lusaka, Zambia) Nisha was responsible for the agriculture trading operations. In 1998, Nisha was involved into establishment of the Johannesburg Stock Exchange SAFEX commodity futures and brokerage services.
Since 2001, Nisha has been a director of B&P Group Financial Services (Pvt) Limited in Durban, South Africa. Her responsibilities included expanding the SAFEX agricultural brokerage operations, developing on offshore client base. Development of VAR administration for discretionary asset management operations; supporting the development of front desk compliance and audit procedures.
Since 2007, Nisha is Chief Financial Officer and Compliance Officer at Richcomm Global Services DMCC.