GTCFX Chief Strategy Officer Deepak Stephen Departs

Deepak Stephen, Chief Strategy Officer (CSO) at Dubai-based CFDs broker GTCFX, has left the company, continuing a series of senior management changes at the firm.

Stephen was named CSO about a year ago, having initially joined GTCFX in early 2024 as Head of People Operations. He previously spent three years at B2Broker, a provider of broker technology and liquidity solutions.

The changes are taking place under new GTCFX CEO Charbel Raffoul, who joined the company earlier this month from ATFX. Other recent additions include Abdelrahman Al Ali, formerly of UAE regulator CMA, as General Manager, and Raechel Rose, another ATFX executive, as Head of Compliance. Gaelle Nammour, an ATFX MENA compliance officer, has joined GTCFX as Rose's Deputy MLRO.

GTCFX is part of the GTC Group, which operates several CFDs trading brands, including ASIC-licensed GTC Global Australia Pty Ltd, UAE CMA-regulated GTC Financial Consultancy LLC, GTC Global SA (Pty) Ltd in South Africa, and offshore entities in Comoros, Mauritius and Vanuatu that operate the gtcfx.com website. The GTC Group is controlled by Managing Partner Pingfu (Jack) Zheng.