Equiti International Markets’ Cyprus arm has appointed Husam
Al Kurdi as Managing Director. Al Kurdi served as SquaredFinancial EU’s Chief Govt Officer for greater than three years till his promotion to SquaredFinancial Group’s Deputy CEO in 2021.
A Seasoned Trade Govt
Based on his LinkedIn profile, Al Kurdi labored for
a fintech startup, Investomy Ltd, that he co-founded in June 2023. His wealth
of expertise consists of numerous roles at ADSS, MIG Financial institution, and MIG Funding in
Cairo, Egypt.
Final 12 months, Al Kurdi resigned as Deputy CEO of
SquaredFinancial to pursue his entrepreneurial endeavors. He joined the corporate
in 2019 after a big tenure at ADSS, the place he held the position of E-Buying and selling
Challenge Supervisor, Deputy Head of Operations, and later Head of Product
Administration/ Operation Supervisor.
Following his departure, SquaredFinancial Group‘s
Founder, Philippe Ghanem, stepped in to fill the emptiness left after Al
Kurdi’s departure. Ghanem, who had been overseeing SquaredFinancial as Chairman since April 2020, assumed the duty of straight operating the enterprise.
Al Kurdi’s departure was not the one government transfer at SquaredFinancial. Former CEO Youssef Barakat transitioned to a brand new position inside the senior administration group of FX and CFDs brokerage, 4T. Moreover,
SquaredFinancial welcomed Nour Hammoury as Chief Market Analyst.
Fairness Eyes Development with New Govt Appointment
In the meantime, Equiti Group entered the digital fee
sector final 12 months by buying Cloud Make investments. By integrating Cloud Make investments’s transaction administration and digital fee options, the group goals to diversify its companies and faucet into new income streams.
Iskandar Najjar, Equiti Group’s Co-Founder and CEO,
emphasised the the significance of the synergy between the 2 entities in
enhancing operational effectivity. Cloud Make investments caters to a various clientele,
together with banks, retailers, and micro-finance establishments.
It helps Equiti’s growth within the digital house
with its omnichannel fee options. Otman Ayoujil, the CEO of Cloud Make investments,
expressed enthusiasm in regards to the partnership, envisioning a collective journey
in direction of changing into a fintech unicorn. The collaboration occurred when the
digital fee market is experiencing exponential development.
This text was written by Jared Kirui at www.financemagnates.com.
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