Marco Baggioli has resigned from his position as COO at ADS Securities, according to market sources.
Baggioli had been with ADS since July 2015, initially joining as executive managing director, global head of brokerage, before being handed the COO role in July 2017.
In his latest role, he was based in the Abu Dhabi head office and was responsible for operations, legal and compliance, product and change, IT, marketing and HR across the firm’s business lines. Prior to joining, Baggioli was global head of FX prime brokerage at BNP Paribas in London.
He has also held senior management positions at Deutsche Bank, Merrill Lynch and JP Morgan, as well MonteTitoli SpA, the Italian Central Securities Depository, which he led through its privatisation from the Bank of Italy in 2000. Baggioli’s next destination is not known at this point in time.