HFM has appointed Jean Nahas as Head of Category in the UAE, where he will lead the company’s newly established licensed entity and head its Dubai office. The move adds a senior executive with experience across FX, CFDs, and financial services, as brokers continue to expand regulated operations in the region.

Overseeing Dubai Operations

His remit includes driving business growth, ensuring compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term with local requirements, and strengthening HFM’s presence in the Middle East.

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Before joining HFM, Nahas worked as an independent strategic advisor and board member, supporting firms in brokerage, fintech, and financial services. During this period, he also co-founded 357 Group and served as Group Chief Operating Officer at Zarvista Capital Markets between 2023 and 2025.

Background in Brokerage and Fintech

Earlier in his career, Nahas was Managing Director (Cyprus) at BUX up to 2023. He also held senior executive roles as Chief Operating Officer at Finteractive and Chief Executive Officer at IMS Markets.

His experience includes commercial leadership positions such as Business Development Director at FX88 and Head of Business Development at Blackwell Global Investments, where he spent five years.

Georgios Papassavas became CEO of HFM early this year, marking a quiet but notable leadership shift at the broker. He previously served as Chief Information Officer and has spent nearly a decade at the Larnaca-based firm, overseeing its technology infrastructure. His appointment reflects a broader industry trend where technology leaders are moving into top executive roles as trading becomes increasingly shaped by AI and digital innovation.

Continue reading: HFM Hires Ex-Zarvista CEO Mohammed Essosse as Head of Business Development for North Africa

Papassavas began his career in software development at Amdocs in 2008 and later led financial software teams at FxPro. His promotion comes as HFM continues its evolution from its former identity as HotForex, following a 2022 rebrand aimed at positioning the company as a multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker beyond traditional FX offerings.

And more recently, HFM brought Mohammed Essosse as Head of Business Development for North Africa, bringing in a senior executive with experience across several CFD brokers. Essosse joined from Zarvista Capital Markets, where he served as CEO and previously led business development and Africa expansion efforts.