amana, a Dubai-based neobroker serving the Middle East, has named Andrey Artamonov as its chief technology and information officer.
The company announced the appointment today (Monday), giving him control of a division that covers software development, corporate IT, business intelligence, cybersecurity, cloud infrastructure and platform operations.
The hire brings a senior engineering voice to a broker pushing to scale its app and move into new markets. amana has spent the past two years widening its product range, including zero-fee trading on MENA-listed stocks.
New Tech Chief Arrives From a Longtime amana Vendor
Artamonov spent 17 years at Devexperts, a trading technology firm, where he served as chief technology officer for nine years, according to amana.
The company said he led an engineering organization of more than 700 people and oversaw platforms used by brokers, banks and broker-dealers across the US, Europe, the Middle East and East Asia.
That pedigree connects directly to his new employer. amana already integrates Devexperts' DXtrade platform with its own liquidity, a partnership the two firms announced in 2025. Artamonov now crosses from the vendor side to a broker that runs on software his former team helped build.
Most recently he founded TripleA Digital, a Lisbon-based consultancy focused on automation and AI tools for financial workflows, the company said.Muhammad Rasoul
"Technology has always been at the heart of what we do," said Muhammad Rasoul, amana's chief executive. Rasoul said the company is investing in people who can help it grow faster and operate at larger scale.
Gulf Broker Race Spreads to the Engineering Bench
amana is not the only regional broker treating technology leadership as a growth lever. In December, CFI Financial Group named Martin Kiuru as chief technology officer, tying the move to its Middle East expansion after opening a Bahrain office.
Equiti Group has pushed on the same front, promoting Sartaj Singh to CTO in August as it overhauled its trading platforms and infrastructure. It later brought in a former Meta engineer to lead data and artificial intelligence work aimed at regional clients.
The activity maps onto a crowded regional contest in which XTB, XS.com and CFI are all pushing deeper into Gulf and North African markets. For amana, hiring a career platform engineer is a bet that technical depth, not marketing or licensing alone, will shape who wins the next wave of retail accounts.
amana Leans on Its Own Growth Figures
The company calls itself the region's leading neobroker, a label that rests on self-reported figures. amana competes with larger and better-capitalized rivals across the Gulf.
It says it now serves more than 500,000 users, up from the roughly 320,000 it reported in early 2024 when it expanded its crypto lineup, and lists access to more than 6,800 assets, including over 1,200 MENA stocks, US equities, metals, ETFs and FX. Those numbers come from the company and have not been independently verified.
Commenting on the move, Artamonov said he sees "a real opportunity to build technology that... helps set a new standard" for trading in the region.
The broker has leaned on senior hires as much as products to build its base, adding operations and finance leaders across the region over the past two years. His appointment continues that run on the technology side.