# GTCFX leadership appointments > Live situation record from CLSTR: https://clstr.news/situations/gtcfx-leadership-appointment > Updated: 2026-10-19T13:42:53.000Z. Sources: 10. Developments: 3. GTCFX has appointed Abdulrahman Ahmed Al Ali as its new General Manager. Al Ali possesses over 12 years of experience in the United Arab Emirates’ financial services and capital markets sector, with specific expertise in financial regulation, corporate governance, and compliance. Prior to this appointment, Al Ali served as a Legal Specialist within the Enforcement Department of the Securities and Commodities Authority (SCA)—now the Capital Market Authority (CMA)—from March 2014 to August 2026. The appointment is intended to strengthen leadership, drive sustainable growth, and enhance operational excellence and corporate governance within the firm. Following this, GTCFX announced the appointment of Charbel Raffoul as its new Chief Executive Officer. Raffoul brings nearly 20 years of experience in the financial services sector, specializing in regulatory compliance, corporate governance, and strategic management. He previously served as the Chief Compliance Officer & Financial Crime at Equiti for over eight years and held senior leadership roles at ADS Securities, Alpari ME, and Swissquote. This appointment aims to strengthen executive leadership and support the company’s global growth strategy. ## Claims - GTCFX has appointed Charbel Raffoul as Chief Executive Officer. (corroborated by 3 sources) - Charbel Raffoul has nearly two decades of experience in the financial services industry. (corroborated by 3 sources) - Charbel Raffoul previously served as Chief Compliance Officer & Financial Crime at Equiti for over eight years. (corroborated by 3 sources) - Charbel Raffoul held senior roles at ADS Securities, Alpari ME, and Swissquote. (corroborated by 3 sources) ## Timeline ### 2026-10-19: GTCFX appoints Charbel Raffoul as Chief Executive Officer GTCFX has appointed Charbel Raffoul as CEO to lead its global growth and strengthen executive leadership. 4 sources. https://clstr.news/cluster/gtcfx-appoints-charbel-raffoul-as-chief-executive-officer ### 2026-10-16: GTCFX appoints Abdulrahman Ahmed Al Ali as General Manager GTCFX has appointed Abdulrahman Ahmed Al Ali as General Manager, leveraging his 12 years of UAE financial regulatory and capital markets experience to strengthen corporate governance. 2 sources. https://clstr.news/cluster/gtcfx-appoints-abdulrahman-ahmed-al-ali-as-general-manager-1 ### 2026-10-14: GTCFX appoints Abdulrahman Ahmed Al Ali as General Manager GTCFX has appointed Abdulrahman Ahmed Al Ali as General Manager, leveraging his 12 years of UAE financial regulatory expertise. Meanwhile, Trojan Construction Holding is expanding into energy and utilities. 6 sources. https://clstr.news/cluster/gtcfx-appoints-abdulrahman-ahmed-al-ali-as-general-manager --- Cite as: GTCFX leadership appointments. CLSTR, https://clstr.news/situations/gtcfx-leadership-appointment