Finalto’s former MENA and Asia Vice President Mohammed Mulla has left after nearly 17 years, ending a tenure spanning CFH Markets, CFH Clearing, TradeTech, the Finalto rebrand and its sale to Gopher Investments.
13 July 2026: Finalto Veteran Mohammed Mulla Leaves After Nearly 17 Years
Mohammed Mulla, one of the longest-serving executives at institutional liquidity and trading technology provider Finalto, has left the company after a tenure of nearly 17 years. According to his LinkedIn profile, Mulla joined the company in late 2009, when it was still known as the recently established CFH Markets. He most recently served as Finalto’s Vice President for the Middle East and North Africa (MENA) and Asia. Mulla did not disclose his next position, describing his departure only as the beginning of an “exciting new chapter”. (Sources: Finance Magnates and FX News Group; published: 13 July 2026.)
A Tenure Spanning Multiple Corporate Transformations
Mulla joined CFH during its early development, when the company was building a business focused on providing institutional execution, liquidity and white-label services to brokers and professional trading firms. The company subsequently underwent several ownership changes and restructurings, while Mulla remained in his position. His tenure covered almost the entire operating history of the business in its various forms, with its evolution outlined below:
CFH Markets was founded during the global financial crisis in 2008 and was renamed CFH Clearing in 2013 to emphasise its position as an institutional execution and clearing provider.
Playtech acquired CFH Group in 2016 to strengthen its business-to-business (B2B) financial trading division. The business was subsequently combined with Playtech’s other financial operations and renamed TradeTech Group.
TradeTech was later renamed Finalto, bringing the group’s institutional liquidity, trading technology and retail-facing businesses under a single brand.
In his departure statement, Mulla reflected on this journey, saying that he had witnessed the company’s development “from CFH’s early days during the 2008 financial crisis to its evolution into Finalto”, including acquisitions, corporate transformation and international growth.
Gopher Investments Transaction and Ownership Change
One of the most significant changes during Mulla’s tenure was Playtech’s agreement to sell Finalto to Gopher Investments. The key milestones in the transaction are outlined below:
| Stage | Details | Date | Category |
|---|---|---|---|
| Agreement reached | Enterprise value of US$250 million in cash | September 2021 | Transaction process |
| Shareholder approval | Playtech shareholders approve the sale | December 2021 | Transaction process |
| Transaction completed | Deal formally closes following regulatory approval | July 2022 | Transaction process |
| Mulla’s departure | Ends a tenure of nearly 17 years | July 2026 | Personnel change |
The transaction ended Finalto’s period as Playtech’s financial trading division and placed the company under the ownership of Gopher Investments. Playtech said at the time that the sale formed part of its strategy to simplify the group’s structure and release capital, while Finalto entered a new phase as an independently owned liquidity and financial technology provider. Mulla remained throughout the transition and continued to oversee relationships and business development across the Middle East, North Africa and Asia.
Regional Expansion and Succession Arrangements
Before Mulla’s departure, Finalto strengthened its regulated operations in the Middle East, including obtaining regulatory authorisation in the United Arab Emirates for Finalto Financial Services MENA in 2025. The company’s official history also lists a separate Singapore entity, Finalto Asia, which is authorised by the Monetary Authority of Singapore. Both regions overseen by Mulla therefore formed part of the company’s broader international expansion strategy. Mulla did not name a successor or disclose details of his next business plans. Finalto has not yet announced whether his regional responsibilities will be assumed by an existing executive or filled through a new appointment.
Career Experience Before Joining CFH
Before joining CFH Markets, Mulla briefly worked as an associate at London-based investment management company European Finance House, which specialised in Sharia-compliant funds and investments. Before that, he spent more than a year at ODL Securities, covering clients across Europe, the Middle East and Africa. Its business included forex, commodities, equities, futures, options and contracts for difference, while his responsibilities also covered corporate partnerships, introducing broker relationships, white-label arrangements and Islamic finance structures for clients in the Gulf region, India and Pakistan. Earlier in his career, Mulla worked in property investment and development for Lake View Real Estate in London and Dubai. His financial career began in an audit role at Ernst & Young in Jeddah, Saudi Arabia. Before focusing extensively on the Middle East, North Africa and Asian markets, he developed experience in institutional trading, regional client development and Islamic finance. In his departure statement, Mulla said that the company’s people and business relationships mattered more to him than its milestones:
“I have had the privilege of working alongside exceptional colleagues, visionary leaders, trusted partners and clients from around the world. Together, we navigated changing markets, embraced challenges, built lasting partnerships and achieved far more than any individual could have accomplished alone.”
Finalto currently provides liquidity, risk management and trading technology services to brokers and institutional financial organisations. Its products and services include multi-asset liquidity, execution, connectivity, risk tools and technology infrastructure.
Questions About Mohammed Mulla’s Departure and Finalto
What position did Mohammed Mulla hold at Finalto?
Mulla most recently served as Finalto’s Vice President for the Middle East, North Africa and Asia, overseeing client relationships and business development across the two regions. He joined the company, then known as CFH Markets, in late 2009 and was one of its earliest employees.
How did the company evolve from CFH Markets into Finalto?
The company began as CFH Markets in 2008 and was renamed CFH Clearing in 2013. Playtech acquired it in 2016 and integrated it into its B2B financial trading division, which was renamed TradeTech Group. The business was subsequently rebranded as Finalto, bringing institutional liquidity, trading technology and retail operations under a unified brand.
What happened in Finalto’s sale to Gopher Investments?
In September 2021, Playtech agreed to sell Finalto to Gopher Investments at an enterprise value of US$250 million. Playtech shareholders approved the sale in December 2021, and the transaction was completed in July 2022 after receiving regulatory approval, making Finalto an independently owned liquidity and financial technology provider.
Who will assume Mulla’s regional responsibilities after his departure?
As at the announcement date, Mulla had not named a successor or disclosed his next business plans. Finalto had not announced whether responsibility for the Middle East, North Africa and Asia would be transferred to an existing executive or filled through a new appointment.
What experience did Mulla have before joining CFH?
He briefly worked as an associate at European Finance House in London and previously spent more than a year at ODL Securities, covering EMEA clients and areas including Islamic finance structures. Earlier in his career, he worked in property investment and development, while his financial career began in an audit position at Ernst & Young in Jeddah, Saudi Arabia.