Lunate has named Mohammed Ali Yasin (LinkedIn) as CEO of its recently launched end-of-service platform Ghaf Benefits, according to a press release (pdf) . Yasin brings over 27 years of experience in UAE capital markets, having previously been CEO of Shuaa Securities and FAB Securities as well as chief strategy officer Al Dhabi Capital. He is also the founder and CEO of Oracle Financial Consultancy and Investments.

Ghaf Benefits? Launched last February, Ghaf Benefits allows employers to invest employees’ gratuities into managed funds, offering potential returns at the end of service.

Dubai-based payment connector tpay has appointed Marouane Bakhtar (LinkedIn) as its new COO, according to a press release (pdf). Bakhtar will be responsible for managing daily operations across engineering and commercial divisions. Bakhtar joins tpay with over 17 years of experience in the financial services industry, including a previous role as managing director at Synpulse UK. His expertise spans corporate strategy, technology-driven innovation, and business execution.

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