FNG Exclusive… FNG has learned that MENA region focused Retail FX and CFDs broker Daman Markets has hired longtime ADSS executive Srijan Katyal, as the company’s new Chief Commercial Officer (CCO).

Srijan Katyal joins Daman Markets after spending the past 11 years at rival MENA based broker ADSS, ending his tenure at ADSS as Global Head of Strategy & Trading Services, a role he held since 2022.

Daman Markets, based in Dubai and licensed by the UAE’s CMA, was launched as a new UAE/GCC focused MT5 CFDs broker in 2023, spun out of UAE based financial services company Daman Securities, a wholly owned subsidiary of Daman Investments, which is part of UAE business conglomerate Gargash Group. Daman Markets is run by former Advanced Markets executive Samer Mourched.