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Daman Markets has officially appointed Srijan Katyal as its new Chief Commercial Officer (CCO). Katyal brings extensive industry experience to the brokerage firm after spending the past 11 years at rival MENA-based broker ADSS. His departure from ADSS marks a significant executive movement within the regional retail trading sector.
Executive appointments of this caliber highlight intensifying competition among retail brokerages in the Middle East and North Africa region. As firms compete for market share, bringing in veteran leadership with established networks and deep regional insights is critical for strategic expansion, institutional client acquisition, and commercial growth.
Going forward, market observers will monitor how Daman Markets leverages Katyal's expertise to expand its commercial footprint across regional and international markets. The move underscores broader consolidation and talent retention dynamics occurring within major brokerage houses across the Gulf region.
