ADS Securities, an Abu Dhabi based foreign exchange trading solutions company, today announced three executive appointments for both its corporate headquarters and its London office.
The news follows last week’s announcement by the company that Managing Director Iskandar Najjar intends to part ways with the group, as reported by Finance Magnates.
Marco Baggioli, who is currently Chief Operating Officer of ADS Securities London Ltd, is appointed to the role of Executive Managing Director – Global Head of Brokerage.
Baggioli brings with him over 23 years of international brokerage experience with top tier financial institutions prior to joining ADS Securities in July of 2015. He was previously Global Head of FX Prime Brokerage at BNP Paribas and has held senior management positions at Deutsche Bank, Merrill Lynch and JP Morgan, as well MonteTitoli SpA, the Italian Central Securities Depositary, which he led through its privatisation from the Bank of Italy in 2000.
Baggioli will be based in Abu Dhabi reporting to CEO and Vice Chairman Philippe Ghanem.
Paul Webb, Senior Director & Chief Dealer, is named Deputy CEO and Head of Retail (Europe) at ADS Securities London Limited.
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Webb is a seasoned trader and risk manager who worked his way up from the Trading Desk to Group Head of Trading at CMC Markets before joining WorldSpreads Group Plc where he was Head of Market Risk.
Since joining ADS Securities in 2012, Webb has been a key contributor to the growth of the global business, working across MENA, Asia and Europe to develop the firm’s front office function.
Webb will be relocate to London from Abu Dhabi and report to ADS Securities London Limited CEO James Watson.
Mathieu Ghanem, Senior Director – Head of Business Development & Cross Asset Sales, has become Senior Director – Head of Sales (MENA).
Ghanem is a market analyst and trader by background who has played an integral role in structuring operations in Asia. He was previously Head of Sales and Deputy Managing Director for Asia Pacific covering the company’s institutional brokerage, asset management, corporate and family offices clients. Mathieu is also a business development specialist and expert in technology across forex, bullion and other e-traded products and asset classes.
Mathieu Ghanem will also be based in Abu Dhabi reporting to Baggioli.
Commenting on the management changes, Philippe Ghanem, CEO and Vice Chairman of ADS Securities, said: “Marco Baggioli, Paul Webb and Mathieu Ghanem are highly experienced and dedicated leaders who in their tenures with ADS, have demonstrated an unyielding commitment to our unified vision of global business. I am confident that in their new roles Marco, Paul and Mathieu will continue to build on the success we have already achieved and identify innovative ways to grow and develop.”