OneRoyal Veteran Gebran Massabni Joins PrimaCapital as General Manager
Gebran Massabni, former OneRoyal executive with over 17 years of experience, has been named General Manager at PrimaCapital, joining several former colleagues at the retail FX and CFD broker.
Massabni's appointment was announced through his appearance in the speaker program for the upcoming Forex Traders Expo & Summit Dubai, though PrimaCapital has not disclosed specific details about his responsibilities or official start date.
Prior to joining PrimaCapital, Massabni held several senior positions at OneRoyal, including Head of Business Development, Chief Operating Officer, and most recently Head of Global Sales since 2023. His extensive experience in the retail trading sector brings valuable expertise to the growing broker.
Building Team with OneRoyal Alumni
Massabni is not the only former OneRoyal executive at PrimaCapital. The company, founded by Ali Marwani in 2023 after his decade-long tenure at OneRoyal and its predecessor Royal Financials, has hired several industry veterans with similar backgrounds.
Mohammad Jawad Rashid, formerly Head of Market Research at OneRoyal, now serves as Head of Risk at PrimaCapital. These hires suggest a potential strategy to leverage experienced professionals from established brokers to strengthen the company's market position.
Massabni brings experience from a well-established, multi-licensed broker to a newer company that competes in similar markets, especially in the Middle East.
UAE Operations Structure
PrimaCapital operates through different entities depending on the region. The main operating company, PrimaCapital Limited, is registered in Saint Lucia and offers CFDs through MetaTrader 5. In the UAE, activities are handled separately through Prima Global Financials LLC.
This UAE subsidiary holds a Category 5 license from the UAE Capital Market Authority, which permits client introductions and promotion but not full brokerage services. This regulatory distinction is significant as Massabni assumes his General Manager role while the company navigates different regulatory environments.
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