Zaid Alkhatib Has Been Appointed as the New CEO of GMI UK

Global Market Index Ltd. (GMI UK) appointed Zaid Alkhatib as its new Chief Executive Officer (CEO). Alkhatib will replace Ashraf Ebid.

Towards the end of 2021 Alkhatib was promoted to Chief Operating Officer (COO). This second promotion came in fast as he is leading GMI UK to a new path. The approval of the FCA is required to affirm the appointment.

Ashraf Ebid will remain as an Executive Director in GMI UK. Ebid is also the majority shareholder of the firm.

Officials Statements

Commenting on the new CEO appointment, Ashraf Ebid said: “I am delighted to see Zaid moving further up in his career as I believe his experience, skills and dedication to GMI UK will be magnified by taking on the CEO role (pending FCA approval).

"I have worked with Zaid over a number of years, and he has proved himself to be a highly reliable and diligent individual who is capable of enhancing all aspects of the company’s operation. I am proud of what we have accomplished so far at GMI UK.

"Now is the appropriate time for a new CEO to take charge of the next phase of GMI UK’s growth and innovation as I focus more of my time on my ambitions in the technology and eCommerce fields.

"I will remain on the board as an Executive Director and majority shareholder of GMI UK, while Zaid will run the day-to-day activities.”

Zaid Alkhatib, the CEO of GMI UK, said, “I am extremely excited to take over as CEO as I believe in GMI UK’s role as a major global player in the B2B/Institutional FX and CFD liquidity space.

"I am confident that we will continue to extend our range of services and supported financial products and continue to build on our current success in providing superior liquidity and technology solutions to our institutional and FX brokerage clients.”