Mohammed El Alaoui Essosse announced that he has taken over
as Chief Executive Officer of the offshore CFD broker Zarvista Capital Markets. He takes over from Jamsheer Thazhe Veettil, who has held the
role for more than five years.
“I’m grateful to share that I’ve been appointed as the Chief
Executive Officer of Zarvista Capital Markets. My journey in the financial
markets has taken me through different roles over the years, from building
brokerage operations to working closely with partners and teams focused on
growth and innovation” Essosse mentioned on Monday.
From Africa Business Development
Essosse moves into the role after serving as Head of
Business Development and Director of Africa at Zarvista Capital Markets. He has
held that position in Dubai since 2023. Before joining Zarvista, he worked as Senior Business
Development Manager at online trading broker AUS Global.
Earlier, he had a stint at INFINOX Capital as Sales Manager, also in Dubai. Across these roles, he gained
experience in building brokerage operations and working closely with partners
and growth-focused teams.
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Commenting about his exit from the role, veettil said: “I am proud of what
we built, the people who stood beside me, and the foundation we created
together. Every milestone achieved and every challenge faced has contributed to
the strength and character of this organization. At this stage, I believe the
company is ready for a new phase under new leadership, and I am confident it
will continue to evolve and grow.”
Focus on Growth and Evolving Markets
In another recent change, Jean-Raphael Nahas left his role as Group Chief Operating Officer at Zarvista last October. He had held the role for over two years. Before
joining Zarvista, Nahas was Managing Director at BUX in Cyprus, Chief Operating
Officer at Fintractive, and Chief Executive Officer at IMS Markets.
Formerly, ZaraFX, Zarvista operates through two main entities: Zarvista
Capital Markets (MU) Ltd in Mauritius and Zarvista Capital Markets Ltd in
Mwali, Comoros. The Mauritius entity is registered as an Investment Dealer and
authorized by the Mauritius Financial Services Commission, while the Comoros
entity is licensed by the Mwali International Services Authority.
The broker lists Mauritius as its main headquarters, with
the Comoros address used for its Mwali registration and licensing. It also
maintains operational offices in Dubai and in Cyprus, supporting its global
retail business.
This article was written by Jared Kirui at www.financemagnates.com.
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