FNG Exclusive… FNG has learned that Dubai based executive Ali Afzaal has resigned his position as Head of Sales at Retail FX and CFDs broker GTCFX.

Ali Afzaal had been with GTCFX since 2022, joining the company after working in a senior business development role for two years at MultiBank.

We’d note that GTCFX has made two recent senior hires in sales and commercial related roles, with Match-Prime’s Head of MENA Ahmed Fouad joining GTCFX to head Institutional Sales, and former Alpari executive Mikhail Seliverstov joining as Chief Commercial Officer (CCO).

GTCFX is part of the GTC Group, which operates a number of CFDs trading brands including ASIC licensed GTC Global Australia Pty Ltd (although its website at gtcau.com.au seems to be under construction), UAE SCA regulated GTC Multi Trading DMCC, and offshore entities in Mauritius and Vanuatu which operate the gtcfx.com website. The GTC Group is run from Dubai led by Managing Partner Jack Zheng.

Ali posted the following note on social media regarding his departure from GTCFX.

After much reflection and gratitude, I’ve made the decision to move on from my roles as Head of Sales at GTCFX and Head of Category at GTCFC.

I’m leaving not in defeat, but at the peak of performance, with a clear mind and stronger principles.

I’m proud to have been part of an incredible journey filled with growth, innovation, and strong team achievements. My time at both organizations has shaped me personally and professionally, and I leave with lasting relationships and valuable experiences.

A heartfelt thank you to Jack Zheng our CEO, for his trust, leadership, and consistent support. His vision and resilience have been key in driving forward success and inspiring those around him.

As I close this chapter, I’m excited to explore new, purpose-driven opportunities where collaboration, innovation, and shared values take the lead.

To those who believe in leading with integrity and building impact through genuine connection — let’s connect.