ADS Securities, a foreign exchange trading solutions company specializing in the Middle East, has a void to fill in its Middle East and North Africa (MENA) team, with its managing director Iskandar Najjar revealing his intent to part ways with the group, Finance Magnates has learned.
Mr. Najjar originally joined ADS Securities in July 2014, having formally served as Alpari’s CEO. During his tenure at ADS Securities, Mr. Najjar has helped lead its MENA Sales team, delivering significant year-on-year growth as well as strengthening its institutional offering – he will be formally parting ways with the group in September.
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Despite the move, Mr. Najjar has been working in tandem with the ADS senior management to help implement a succession plan and will continue to serve ADS Securities until his departure.
“A natural leader”
According to Philippe Ghanem, Vice Chairman and CEO, ADS Securities, in an exclusive statement to Finance Magnates on the move: “On behalf of the company I would like to thank Iskandar Najjar for his valuable contribution to ADS Securities during a period of unprecedented growth. Iskandar is a natural leader and his insights have been integral in the development of the firm’s strategy in MENA and around the world. A succession plan is already in place and we will be working with Iskandar in the coming months to ensure a seamless transition.”
“I am very proud of the success we’ve shared in the last two years and am confident that ADS Securities will continue to grow in the years to come. I’d like to thank Philippe for his unyielding support and wish the whole team the very best,” reiterated Mr. Najjar in an accompanying statement.