Match-Prime hires new MENA Head

As January drew to a close, Match-Prime Liquidity appointed Dubai-based executive Kareem Harras as Head of MENA to oversee its growth across the Middle East and North Africa.

In his new role, Harras will lead regional operations, drive client acquisition, and strengthen relationships with brokers and institutional clients using Match-Prime’s liquidity solutions. He will be based in Dubai, a major centre for FX and CFD providers serving traders across the Gulf and broader MENA markets.

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Learn more about Match-Prime Liquidity's appointment of Dubai-based executive Kareem Harras as Head of MENA.

BridgeWise appoints exec to lead CFD broker expansion

At the same time, BridgeWise named Thomas Kareklas as its new Director for CFD Brokers. Kareklas brings extensive experience from his previous role as Chief Sales Officer at TeamForce Technologies.

The appointment arrives as CFD brokers ramp up adoption of AI-powered analytics and decision-support solutions to boost client engagement and retention amid tightening margins and fierce industry competition.

Show more details about BridgeWise’s appointment of a Director for CFD Brokers.

Markets.com appoints new head of compliance

Additionally, Giorgos Stylianou took on the role of Head of Compliance at Markets.com. His appointment comes shortly after Markets.com’s Cyprus entity, Safecap Investments, named Andreas Kyriacou as its new Managing Director and CEO.

Safecap operates the Markets.com brand under multiple licences, including authorisation in Cyprus, South Africa, and St Vincent and the Grenadines. The company has not yet confirmed who will oversee its non-Cyprus operations.

Disclose more about Markets.com's new hire for head of compliance.

GCEX taps CoinW executive for MENA growth

GCEX has named Carmen Tan as Managing Director for its operations in the Middle East and North Africa, positioning the former CoinW Exchange executive to lead the firm’s expansion across institutional markets in the MENA and Asia regions.

Based in Dubai, Tan will manage GCEX’s entity regulated by the Virtual Assets Regulatory Authority (VARA) while advancing the company’s growth initiatives in Asia.

Discover more about GCEX's appointment of CoinW exec as MD for operations in Middle East and North Africa.

IC Markets taps blockchain expert as CTO

Also this week, IC Markets named blockchain technology specialist Jaser Mahmoud as Chief Technology Officer.

With over two decades of experience in technology and financial services, Mahmoud will lead IC Markets’ technology strategy and oversee the development of its core trading systems. He has a strong background in systems architecture and complex platform management.

Highlight more about IC Market's appointment of Jaser Mahmoud as CTO.

Capital.com has new Head of Compliance in South Africa

Lastly, Prishani Maheeph-Moonsamy was appointed Head of Compliance for South Africa at Capital.com. Her appointment comes in the wake of IG Group’s decision last year to wind down its onshore operations in South Africa.

The London-listed broker had notified clients that rand-denominated domestic trading accounts would be closed, although offshore accounts would remain accessible, without elaborating on the rationale for the change.

Learn more about Capital.com's appointment of new Head of Compliance in South Africa.

Xoala head of growth departs

Finally, Xoala’s Head of Growth, Andrew Mreana, left the London-based neobank and institutional payment solutions provider a little over a year after joining the firm.

During his tenure, he focused on expanding Xoala’s footprint among Cyprus-based brokers. Mreana joined Xoala after several years at cTrader platform developer Spotware Systems in the same role of Head of Growth.

Show more about the exit of Xoala's head of growth.