Amana Capital strengthens team with two senior appointments

abdelaziz Fathi

UAE-based FX and CFDs broker, Amana Capital has made two new appointments to its product leadership team, selecting Matt Carstens to spearhead its product experience, along with Justin Biebel who will handle product implementation.

Amana Capital

Tech veteran Matt Carstens was officially appointed as the Director of Product Experience where he leads the Amana app’s product functions and design. His mandate also includes upgrading the app’s functionality with the addition of new tools compelling to customers.

Carstens’s most recent stint was at Finalto for nearly three years, having led the group’s retail trading front-ends, product strategy, and execution for its brokerage partners. Other notable roles within the FX industry includes serving as Product Manager with ThinkForex and regional sales manager at GAIN CAPITAL.

“We are very happy to welcome Matt to his role at Amana as we embark on a new and exciting journey for the brand,” said Muhammad Rasoul, Chief Executive Officer of Amana. “We are more than confident that his innovative, customer-centric mindset will bring value to the table. Furthermore, as an experienced trader himself, Matt deeply understands what tools and features to build within the Amana app to create a seamless trading experience for our customers that also enable our core ethos: access to trading for all via our jargon-free, comprehensive and user-friendly platform.”

Justin Biebel named Director of Product Implementation

“I want to thank Muhammad and the entire Amana family for their vote of confidence. It’s time our customers in MENA get an app designed for them, providing them access to international and regional markets, and built to world-class standards,” added Matt Carstens.

Meanwhile, Justin Biebel steps into the role of Director of Product Implementation. Here he will oversee backend and infrastructure development for Amana’s digital offerings.

Justin is a seasoned multi-asset derivatives professional with over 20 years’ experience cutting across risk management, market-making, and product development. He kicked off his trading career back in 1999 as a market maker at CBOE and has since held roles as an FX options trader, quantitative product developer, and portfolio manager. After leaving the CBOE, Justin worked for firms including GAIN Capital, IS Risk Analytics, Alpha, and Finalto. In 2015 he co-founded Luminist Capital, a registered investment advisory firm, where he led the company’s growth for the last 7 years.

“Justin is an outstanding veteran in the field and a brilliant mind, with over two decades of market-driven expertise. He is an ideal match for Amana, not only for the experience he brings to the table, but his technical acumen and forward-thinking persona are in line with our brand values and ethos,” said Amana CEO.

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