Offshore CFDs broker Zarvista Capital Markets has appointed Mohammed El Alaoui Essosse as its new Chief Executive Officer

Headquartered in Dubai and operating offshore, Zarvista confirmed that Essosse will step into the CEO role after spending the past three years with the company. During that time, he served as Head of Business Development and Director of Africa. The brokerage previously operated under the name ZaraFX before rebranding in 2024.

Before joining Zarvista, Essosse held senior sales and business development positions at AUS Global and INFINOX, where his work focused primarily on expanding operations across the MENA region.

He succeeds company founder and majority shareholder Jamsheer Thazhe Veettil as CEO. Zarvista had previously appointed former BUX Cyprus Managing Director Jean-Raphael Nahas as Chief Operating Officer, although he reportedly departed the firm toward the end of last year.

Zarvista operates as an offshore Retail FX and CFDs broker, registered in Mwali and Mauritius, with its main operational hubs in Dubai and Cyprus. The firm primarily targets clients in the MENA and Asian markets and remains under the control of Veettil.

In a social media statement, Essosse described his appointment as the beginning of a “new chapter.” He expressed appreciation for the trust placed in him and highlighted his professional journey across brokerage operations, partnerships, and growth-driven initiatives. He noted that the financial markets industry demands resilience and forward-looking thinking, adding that he looks forward to working with the Zarvista team to further strengthen and expand the company’s offerings for clients and partners.