01.11.2023
CFI has made changes to the company's management team
01.11.2023
Glory Faleke
Contributor

​CFI Financial Group has announced leadership team changes to support and develop talent within the firm. 

Karim Malas, previously Global Head of Operations for CFI Financial Group, has been promoted to Group Chief Operating Officer. His primary role will be to shape CFI's global operational strategy and drive efficiencies across the firm, according to the FNG news portal. 

"I am thrilled to accept the role of Chief Operating Officer and embrace the challenges and opportunities it brings. This promotion underscores the trust and confidence our organization has in its team members. I look forward to working closely with our dedicated staff to enhance our operational efficiencies and contribute to our continued growth and success," commented Karim. 

In addition, Loay Azar, who previously served as CEO of CFI Jordan, has been appointed CEO for the MENA region. He will be responsible for the strategic development and growth of the company in the MENA region and will support CFI's local CEOs to achieve greater success. 

"I am truly honored and excited to take on the role of MENA CEO. It is a testament to the incredible journey we have been on and the hard work of our dedicated team. As we step into this new chapter, I am committed to driving innovation and growth in the Middle East and North Africa region. Together, we will continue to lead the way in delivering exceptional financial services and empowering traders," said Azar. 

"Karim and Loay have demonstrated exceptional dedication and leadership throughout their time at CFI. Their contributions have been instrumental in our global growth, and we are confident that they will continue to drive success in their new roles. As we move forward, their expertise will be invaluable in shaping CFI’s future towards more and better," commented Hisham Mansour and Eduardo Fakhoury, Co-Founders and Managing Directors of CFI, on the appointments. 

The company expects the new appointments to help it achieve its goals and be another catalyst for CFI's growth. 

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