Former BUX Managing Director Joins Zara FX as Chief Operating Officer

<p>
After nearly two years as the Managing Director of European fintech BUX,
Jean-Raphael Nahas announced that he has joined the retail broker, Zara FX team
as the new Group Chief Operating Officer (COO). This marks another significant
move for the company, following the appointment of a new Chief Financial
Officer (CFO) last week.</p><p>Nahas
Moves from BUX to Zara FX</p><p>Jean-Raphael
Nahas has over a decade of experience in the financial industry, specializing
in Contracts for Difference (CFDs) and foreign exchange (FX). He began his
professional career in 2012 as the Head of Business Development at Blackwell
Global Investments. Over the years, he has been associated with various firms,
including FX88, IMS Markets, and Finteractive, joining the Cypriot branch of
BUX as the Managing Director in February 2022.</p><p>Over the
weekend, Nahas announced his decision to change
employers on his LinkedIn profile.</p><p>"I
want to extend my heartfelt gratitude to Yorick Naeff and Salim Sebbata for
their unwavering trust in me to manage the EU CFD business during my tenure. I
also want to extend my thanks to all my colleagues at BUX and Stryk by BUX for
the incredible journey we've had together," Nahas commented.</p><p>Although he
initially did not disclose details about his new role, a follow-up update on
Monday morning cleared any doubts. He informed the public that he started his new
position as the Group COO at Zara FX.</p><p> "I’m happy to share that I’m starting a
new position as Group Chief Operating Officer at Zara FX," Nahas added.</p><p>Another Executive at Zara FX</p><p>Zara FX
continues to strengthen its executive team with significant hires. Last week, <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance
Magnates</a> reported the company's acquisition of <a href="https://www.financemagnates.com/executives/ic-markets-cfo-parts-to-join-zara-fx-in-similar-role/" target="_blank" rel="follow">Yiannis Argyrou as its new CFO</a>. The firm has emphasized the strategic
significance of this move for its growth and market standing in the financial
sector.</p><p>The
statement from Zara FX highlighted Argyrou's extensive experience and proven
success in the financial industry, indicating that he is well-equipped for his
new role. </p><p>The company
is optimistic about the positive contributions Argyrou is anticipated to make,
particularly in enhancing the firm's financial performance and reputation.</p><p>Among other
significant personnel moves recently, <a href="https://www.financemagnates.com/cryptocurrency/binance-suffers-another-blow-as-two-more-executives-depart-in-ongoing-talent-drain/" target="_blank" rel="follow">the talent drain at Binance</a> is worth mentioning. Significant shifts were further announced by <a href="https://www.financemagnates.com/executives/lch-group-saxo-bank-ig-group-and-more-executive-moves-of-the-week/" target="_blank" rel="follow">LCH Group, Saxo Bank, and
IG Group</a> between August and September.</p>

This article was written by Damian Chmiel at www.financemagnates.com.