ADS Securities has announced three executive appointments at its headquarters and London offices.
Marco Baggioli has been nominated executive managing director, global head of brokerage, based in Abu Dhabi. He will report into ADS CEO and vice chairman, Philippe Ghanem. Prior to this new position he had been working as chief operating officer at ADS Securities London.
In the London office Paul Webb has been appointed deputy CEO and head of retail (Europe), reporting into ADS Securities London’s CEO, James Watson. Webb was formerly ADS’ senior director and chief dealer.
In addition, the firm has appointed Mathieu Ghanem as its new senior director, head of sales (MENA). In this new role he will be based in Abu Dhabi, reporting to Baggioli. Ghanem was previously ADS’ senior director, head of business development and cross asset sales.
Baggioli “brings outstanding leadership credentials” the company says, having more than 23 years of international brokerage experience with top tier financial institutions prior to joining ADS Securities in July of 2015.
Baggioli 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 as at MonteTitoli SpA, the Italian central securities depositary, which he led through its privatisation from the Bank of Italy in 2000.
Meanwhile, ADS describes Webb as a “a seasoned trader and risk manager”, having covered roles from the trading desk to group head of trading at CMC Markets before joining WorldSpreads Group, where he was head of market risk.
With regards to Ghanem, ADS says that he “played an integral role in structuring our operations in Asia and is “a shrewd market analyst and trader by background”.
Ghanem 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. Ghanem is also a business development specialist and expert in technology across forex, bullion and other e-traded products and asset classes, ADS says.
“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,” comments Philippe Ghanem, CEO and vice chairman, ADS Securities.