Miami International Director Jamil Nazarali Resigns
The departure marks a notable change in leadership but was not tied to any internal conflict or board dispute.
October 09, 2025
Jamil Nazarali Resigns from Miami International Holdings Board
Jamil Nazarali has stepped down from the board of Miami International Holdings, Inc., effective October 3, 2025. The company disclosed the change in a regulatory report filed on October 8. According to the filing, Nazarali’s decision to resign was tied to new professional opportunities—not to any issues with the company, its leadership, or its board.
The transition is clean and straightforward. Nazarali communicated his plans to the company directly, and there was no dispute driving the move. His departure reflects a shift in his career focus rather than any internal tension.
Nazarali joined the board during a period of expansion at Miami International, helping to guide strategy as the company continued building out its exchange platforms. While his time on the board has ended, the work of the broader leadership team continues without interruption.
Miami International Holdings, which owns and operates the MIAX Exchange Group, is based in Princeton, New Jersey, and trades on the New York Stock Exchange under the symbol MIAX. The company qualifies as an emerging growth company and remains focused on delivering exchange and trading solutions in both traditional and emerging markets.
Leadership changes like this are part of a normal corporate cycle—but communication matters. With this update, the company has made clear that operations, direction, and governance remain stable. No replacement has been named yet, but shareholders and stakeholders can expect the board to continue advancing its goals without pause.
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