logo
CFI Appoints Ziad Melhem as Group CEO, Co-Founders to Lead the Board as Chairman and Vice Chairman

CFI Appoints Ziad Melhem as Group CEO, Co-Founders to Lead the Board as Chairman and Vice Chairman

Al Bawaba5 days ago

CFI Financial Group, a globally recognized leader in online trading, announced today the appointment of Ziad Melhem as its new Group Chief Executive Officer, marking an important milestone as the Group continues its strong global growth trajectory.Melhem previously served as Group Chief Marketing Officer, where he helped elevate CFI's global brand and strengthen its presence across key markets. As Group CEO, he will lead the company's day-to-day operations, with a focus on accelerating growth, expanding client value, and driving innovation across CFI's global footprint.Alongside this leadership change, Co-Founders Hisham Mansour and Eduardo Fakhoury will transition from their current roles as Managing Directors to become Chairman and Vice Chairman of CFI Financial Group, respectively. As Co-Founders and members of the Board, they will continue to play a pivotal role in shaping the Group's strategic direction, guiding its long-term vision, and strengthening corporate governance across CFI's expanding global footprint.Additionally, Stelios Thrasyvoulou, previously Chief Technology and Information Officer, will assume the role of Chief Product and Technology Officer, continuing to lead the development of CFI's innovative product and technology offerings.Commenting on the leadership evolution, Hisham Mansour, Chairman of CFI Financial Group, said: "As we move into an exciting new phase of CFI's journey, these leadership appointments reflect our commitment to building a company that continues to grow and evolve beyond its founders. Eduardo and I remain fully engaged in shaping the Group's strategic direction from our roles on the Board, and in supporting Ziad as he takes the helm as Group CEO. We have full confidence in his leadership and in the broader management team to lead CFI into its next chapter of success and deliver exceptional value to our clients worldwide."Ziad Melhem, Group CEO of CFI Financial Group, added: "It is an honor to take on the role of Group CEO and to continue building on the strong foundation that Hisham, Eduardo, and the entire CFI team have created. We are entering a dynamic new chapter for CFI, and I look forward to working with our talented teams to drive innovation, growth, and excellence across all markets we serve."
These leadership appointments further strengthen CFI Financial Group's position as a leading global trading and investing provider, reinforcing its commitment to innovation, client value, and long-term growth across all markets it serves.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bentley Systems, Enactus Launch 2025 iTwin4Good Challenge Amid Global Infrastructure Workforce Shortage
Bentley Systems, Enactus Launch 2025 iTwin4Good Challenge Amid Global Infrastructure Workforce Shortage

Al Bawaba

time2 days ago

  • Al Bawaba

Bentley Systems, Enactus Launch 2025 iTwin4Good Challenge Amid Global Infrastructure Workforce Shortage

As the global infrastructure sector faces a critical workforce shortage, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, and Enactus, a global nonprofit advancing student innovation and entrepreneurship, announce the start of the 2025 iTwin4Good Challenge. This international competition empowers university students to develop digital twin solutions to help address global infrastructure initiative comes at a pivotal time. In recent years, global infrastructure sectors have faced a critical workforce shortage, despite rising demand for better and more resilient infrastructure. For example, the American Council of Engineering Companies (ACEC) Research Institute reports that 49 percent of engineering firms face project backlogs of one year or more, while the construction industry is short more than 400,000 workers, according to the Associated Builders and iTwin4Good Challenge places students on a path to address workforce shortages by combining their passion for social and environmental impact with the power of digital technology. Through skills building and mentorship, the program brings together global talent to grow a new and diverse pipeline of future infrastructure leaders and solution developers. Students embark on a six-week program featuring technical training, mentorship from across Bentley, and the opportunity to get certified as an iTwin Developer Associate. Participants—competing solo or in teams of up to three—will use Bentley's iTwin platform to create apps that could drive positive environmental or social impact in their OverviewFrom June through October 2025, students from the U.S., Germany, Canada, the UK and Ireland (competing jointly), and Brazil will participate in national rounds. Top performers will present their solutions to a panel of industry experts, compete for cash prizes, and advance to a virtual "Champions of Champions" showdown, with the global winner earning the opportunity to attend the Enactus World Cup 2025 in Bangkok.'The iTwin4Good Challenge is more than a student competition, it's a catalyst for change and a strategic investment in the future of infrastructure,' said Chris Bradshaw, chief sustainability and education officer, Bentley Systems. 'By engaging young minds in real-world problem-solving and equipping the next generation with digital twin expertise, we're cultivating talent capable of addressing both today's infrastructure needs and tomorrow's sustainability challenges.'George Tsiatis, president & CEO, Enactus Global & Resolution Project added, 'This partnership exemplifies what we do best—empowering students to tackle real-world challenges through innovation and entrepreneurship. When young people combine cutting-edge technology with purpose-driven action, they don't just solve today's problems, they build the foundation for a more sustainable future.' This hands-on experience develops industry-ready professionals who can apply digital twin technology to solve real-world challenges, bridging the gap between academic learning and impactful infrastructure innovation. For a look at the initiative in action, watch the 2024 iTwin4Good Championship final presentations from Kazakhstan.

Swiss-Belhotel International Shaping Guest Journeys by Blending Smart Technology with Human Touch
Swiss-Belhotel International Shaping Guest Journeys by Blending Smart Technology with Human Touch

Al Bawaba

time2 days ago

  • Al Bawaba

Swiss-Belhotel International Shaping Guest Journeys by Blending Smart Technology with Human Touch

As guest expectations evolve rapidly in line with advancing technology, Swiss-Belhotel International, a global hospitality group with a presence in over 20 countries, is elevating hotel experiences through innovation, human-centric technology, and purposeful 18 diverse brands under its umbrella, Swiss-Belhotel International is uniquely positioned to respond to shifting travel trends across all segments, from economy to luxury, and from city hotels to wellness A. Voivenel, Senior Vice President, Operations & Development, EMAI; and Senior Vice President, Group Human Resources & Talent Development at Swiss-Belhotel International, said: 'In today's world, guest expectations are no longer dictated by traditional star ratings alone but by authenticity, digital convenience, and a sense of purpose. At Swiss-Belhotel International, with a guest-first approach, we are committed to delivering meaningful and personalised experiences at every touchpoint.'Recent industry research indicates that over 70% of travellers now prefer digital options for check-in, service requests, and concierge functions, while 78% want their travel to positively impact the communities they visit. Laurent stressed, 'From pre-opening to operational launch, we are focused on local relevance, and digital readiness as well as sustainability. We embed technology and team culture into our pre-opening strategy to ensure a cohesive and brand-aligned guest journey from day one.'Swiss-Belhotel International continues to invest in smart systems and AI integration to offer seamless personalisation. According to a recent Skift study, AI-driven personalisation can boost guest satisfaction by 24% and improve upsell conversions by 30%. 'Our aim is not to replace people with technology, but to empower them,' noted Laurent. 'We believe in freeing our teams from routine tasks so they can focus on what truly matters is delivering memorable, human moments. Whether it's creating spaces where families can connect, or providing retreats that promote personal well-being, our hotels are designed to restore and inspire.' Swiss-Belhotel International sees adaptability as a key pillar of its succes. With guest behaviours, technology, and global conditions evolving in tandem, the group remains agile in its response.

AVEVA unveils key learnings from AVEVA 2024 Sustainability Report
AVEVA unveils key learnings from AVEVA 2024 Sustainability Report

Al Bawaba

time3 days ago

  • Al Bawaba

AVEVA unveils key learnings from AVEVA 2024 Sustainability Report

AVEVA, a global leader in industrial software, has launched its 2024 Sustainability Report. Alongside a substantial update on progress against the company's targets and green product roadmap; the report shows how software, which enables companies to unify trusted information and insights, can drive responsible use of the world's 2024 Sustainability Report, revealed significant progress across all three pillars of the company's sustainability framework: technology handprint, operational footprint and inclusive culture. In 2024, the company maintained its 93% reduction in scope 1 and 2 emissions against its baseline year through a combination of measures including: the pivot to using renewable energy, careful management of office space and fleet optimisation. By the end of 2024, AVEVA had assessed the maturity of its entire product portfolio against the Green Software Foundation's principles, reinforcing its commitment to sustainable software development. In parallel, research and development teams had completed power bench testing for 85% of its products to evaluate energy consumption. Combined, these efforts are helping to establish a baseline that will guide future improvements aligned with green software principles.'We believe that sustainability and business success go hand in hand,' says Caspar Herzberg, CEO, AVEVA. 'We're focused on helping our customers harness the full potential of industrial intelligence, bringing visibility and insight to complex data and processes. This empowers the industry to achieve measurable improvements in both efficiency and productivity, unlocking significant savings in costs, emissions and resource requirements. AVEVA's 2024 Sustainability Report demonstrates the strides we've made to deepen our technology handprint, reduce our operational footprint and advance our inclusive culture.'AVEVA recognises that its biggest opportunity to make a positive climate impact is through its core products and customers. For the first time, the company has released an annual saved and avoided emissions figure, reflecting the material energy savings observed for a specific portion of its products. AVEVA is committed to refining and expanding this calculation of measurable saved and avoided emissions over time. 'As we enter the final year of our 2025 targets, we're focused on meeting our goals and chartering an even bolder path with our sustainability framework. We know that the biggest impact comes from our software handprint – how we work with our customers to enable them to drive decarbonisation, become more resilient and support circularity. This is why we're publicly reporting our 2024 customer saved and avoided emissions data for select industry sectors. We're committed to expanding our methodology to capture and quantify our broader impact. At AVEVA, we are continuing to advance towards a sustainable future, driving digital transformation through our software and leading by example with responsible operations,' adds Lisa Wee, CSO, AVEVA.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store