TradeUltra, a forex and CFD broker regulated in Malaysia by the Labuan Financial Services Authority (LFSA), has tapped S. Mohammed Jabri, the former Head of Sales at Noor Capital, as its Chief Executive Officer. Jabri’s role is based in the United Arab Emirates.

TradeUltra announced Jabri’s announcement on Monday in a statement published on LinkedIn. However, his LinkedIn profile shows that he assumed the role in January.

An Industry Veteran

Since starting his career in June 1997, Jabri only worked for two companies before joining TradeUltra. He brings over two and a half decades of experience to his new role.

At Noor Capital, an investment brokerage firm licensed by the United Arab Emirates Securities and Commodities Authority, Jabri held the position of Head of Sales for almost six years between April 2017 and January 2023.

Jabri spent his longest career stay at Century Financial Brokers, a Dubai-headquartered financial services provider, where he spent almost two decades. He joined the company in June 1997 as a Dealing Room Manager and served in that capacity for over 16 years. Later, he worked as a Business Relationship Manager at the company between January 2013 and February 2015.

“During his long stint in the industry, Mr Jabri has been instrumental in setting up the technical, operational and business aspects for many companies in the financial brokerage industry and has set these firms on a growth trajectory,” TradeUltra wrote in the statement.

New Executive Appointments This Week

Although the week just kicked off, a number of senior executives have announced starting new roles in various companies. Gary Clifford-Newman, the former Director of Prime Services Sales at Sova Capital, announced on Monday that he has joined StoneX Group as the Senior Vice President of Prime Services Sales.

Other executives also made similar announcements: Andreas Cifuentes joined Edgewater as the new Global Head of Liquidity ; Roula Pelehrinis joined TopFX as the new Director of Institutional Sales; and Tiffany Besnard joined Invast Global as the new Director and Head of Hedge Fund Sales for the Asia Pacific region.

However, Mark Hipperson, the Founder and CEO of Ziglu resigned from his CEO position. His resignation came days after Robinhood terminated its deal to acquire his company.