By Staff Writer
Offshore FX and CFDs broker Zarvista Capital Markets has appointed Mohammed El Alaoui Essosse as its new Chief Executive Officer, as the Dubai-headquartered group continues to build out its leadership team.
Zarvista said Essosse will step into the CEO role after spending the past three years with the company, most recently serving as Head of Business Development and Director of Africa. The broker previously operated under the ZaraFX brand before rebranding in 2024.
Before joining Zarvista, Essosse held senior sales and business development roles at AUS Global and INFINOX, where his work focused largely on expanding operations across the MENA region.
He succeeds Zarvista founder and majority shareholder Jamsheer Thazhe Veettil as CEO. The company remains under Veettil’s control. Zarvista had previously appointed former BUX Cyprus Managing Director Jean-Raphael Nahas as Chief Operating Officer, though he reportedly left the firm toward the end of last year.
Zarvista operates as an offshore retail FX and CFDs broker, registered in Mwali and Mauritius, with main operational hubs in Dubai and Cyprus. The firm primarily targets clients in the MENA and Asian markets.
In a social media post, Essosse described his appointment as the start of a “new chapter,” thanking the company for its trust and saying he looks forward to working with the team to strengthen and expand Zarvista’s offering for clients and partners.
