CFI Financial Group has appointed Federico Cirulli as Chairman of the Board, the online trading firm announced on September 2, 2026. The move marks the completion of a governance restructuring that began with the appointment of Ziad Melhem as Group Chief Executive Officer in June 2025. Co-Founders Hisham Mansour and Eduardo Fakhoury will transition to Non-Executive Director roles, remaining on the Board while stepping back from executive positions as the Dubai-based firm scales its international operations.
- Cirulli’s Experience: More than 20 years in regulated financial services, including CEO and senior roles in brokerage and asset management
- Timeline: CEO appointment (June 2025), independent Board members added (November 2025), Chairman appointment (September 2026)
- Company Founding: Established in 1998, operating for more than 25 years as a regulated online trading provider
- Global Footprint: Financial centers include London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman, Cairo, and Bogotá
Cirulli’s appointment reflects CFI‘s evolution toward institutional governance standards as the group expands its regulated operations across multiple jurisdictions. His background spans business leadership, regulatory compliance, and international expansion within scaled financial services platforms. The firm cited record trading performance and expansion as drivers for strengthening its governance structure ahead of future growth.
Every market we enter adds a license, a regulator, and clients who expect us to be there for the long term. Growth and scale bring obligations, not just opportunities, and that is why governance matters as much as growth.
Mansour stated that the appointment represents a planned transition designed to enable long-term growth beyond the founding team. Melhem emphasized the link between governance and operational requirements as CFI enters new markets. Cirulli outlined priorities focused on strategic discipline, governance standards, and scaled expansion across markets and products. CFI Financial Group operates in equities, currencies, and commodities, supported by partnerships including Formula One Champion Lewis Hamilton and Tennis Legend Maria Sharapova as Global Brand Ambassadors.
Federico Cirulli, Chairman of the Board at CFI Financial Group. Source: LinkedIn
Ziad Melhem, CEO at CFI Financial Group. Source: LinkedIn
Hisham Mansour, Co-Founder at CFI Financial Group. Source: LinkedIn
Eduardo Fakhoury, Co-Founder at CFI Financial Group. Source: cfi.trade
