
Pepperstone has strengthened its Middle East leadership team with the appointments of Mohammed Almadhoun as Head of Middle East and Osama Hamdan as Head of Sales, as the broker continues to expand its presence across the GCC and wider MENA region.
The appointments follow Pepperstone's recent expansion into the UAE after securing a Category 5 licence from the UAE Securities and Commodities Authority (CMA) and opening a Dubai office. The broker said the new leadership structure supports its long-term regional growth strategy and commitment to investing in local expertise.
Almadhoun joins Pepperstone from Equiti Group, where he served as Sales Director. Before that, he spent eight years at ADSS in various commercial and partnership leadership roles. As Head of Middle East, he will oversee regional operations, business growth, and market expansion across the region.
Hamdan joins from XTB, where he most recently served as Director of Business Development. He has also held senior commercial positions at Axi and ADSS. In his new role as Head of Sales, he will lead Pepperstone's regional sales strategy, focusing on client acquisition, business development, and strategic partnerships.
Marc Boever, Head of EMEA at Pepperstone, said the Middle East remains one of the broker's most important growth markets, adding that both executives bring extensive regional experience that will help strengthen client relationships and support the company's expansion across MENA.
The appointments reflect Pepperstone's continued investment in regional leadership as competition among global FX and CFD brokers intensifies across the Middle East.