DB Investing Names Ex-OneRoyal Executive Syed Ahmmed Chief Business Development Officer
UAE-based forex and CFD broker DB Investing has appointed Syed Ahmmed as Chief Business Development Officer, giving him a global mandate after several years in leadership posts at OneRoyal and Zara FX. Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!) New Global Growth Mandate Ahmmed is based on-site in Muscat, Oman, and leads DB Investing’s business development across MENA, the India Subcontinent, Southeast Asia and Latin America. “Having built and expanded markets across MENA, ISC, and SEA, I now look forward to taking on a broader global mandate. My focus has always been not just to manage markets, but to build them, driving sustainable growth and creating long-term value,” Ahmmed said in a post on Monday. Continue reading: Elena Kupriianova Joins CFDs Broker DB Investing as CMO His scope covers market expansion, strategic partnerships and revenue growth, including the build-out of introducing broker and affiliate networks in both emerging and established markets. He also focuses on client-centric offerings, such as region-specific and Sharia-compliant products, while working with internal teams on brand positioning and market penetration. Background at OneRoyal and Zara FX Before joining DB Investing, Ahmmed served as Regional Head of Business Development for ISC, SEA and Oman at OneRoyal. In that role, he managed expansion, led multicultural sales teams, oversaw the Oman office and drove institutional and high-net-worth client acquisition . He earlier held other business development positions at OneRoyal and briefly worked as Sales Director at Zara FX, where he helped design products and sales frameworks to support revenue growth. He now joins DB Investing’s senior leadership and will work with management, including CEO Gennaro Lanza, as the broker pursues further international growth. Last month, DB Investing announced plans to open a newoffice in Mexico as part of its broader expansion into Latin America. The new branch in Mexico will act as the firm’s regional hub, allowing it to engage more directly with local traders and strengthen its presence in a market that has recently attracted other brokers, including EC Markets and VT Markets. Mexico’s appeal for global CFD brokers stems from a combination of strong demand for online trading and relatively light, indirect local rules on CFDs. While the country’s financial markets are overseen by the CNBV, the Ministry of Finance and Public Credit, and Banco de México, CFDs remain in a legal grey area, with no dedicated regime and explicit warnings that authorities will not protect clients dealing with unlicensed foreign providers. This article was written by Jared Kirui at www.financemagnates.com.
