ADS Securities London Appoints Philippe Ghanem as Chairman

ADS Securities London Limited, a subsidiary of Abu Dhabi-based ABS Holding LLC, has named Philippe Ghanem as its newest Chairman of the Board, helping complete a spectrum of changes since its acquisition of Pioneer Trader by ADS.

ADS deals with a variety of financial instruments, including FX, CFDs and precious metals. The group has been fairly active in recent months in terms of personnel moves, including earlier this month.

According to a recent statement from Mr. Ghanem on the appointment, “ADS London is an important company with a lot to offer the market. I look forward to working with my fellow board members and to advising the management team. Financial trading companies are under a lot of scrutiny at the moment and I believe it is extremely important to work with regulators, to be transparent and always ensure that customers receive the level of service they are looking for.”

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