ADSS’ Institutional Sales Director Hasan Hamd Departs

Hasan Hamd has announced his departure from ADSS, a forex and contracts for differences (CFDs) broker, after spending more than 10 years with the company. His most recent role was as Director of Institutional Sales in the company’s Abu Dhabi office.

Departure after a Decade

“It has been an incredible 10-year journey at ADSS, filled with growth, challenges, and unforgettable experiences that have shaped both my professional and personal life,” he wrote in a LinkedIn post. “I am deeply grateful for the opportunity to have been part of such a remarkable company and team.”

Although he mentioned that he is now looking “ahead to a new challenge,” he did not reveal where he will be heading next.

An Experienced Executive

Hamd joined ADSS’ Abu Dhabi office in November 2014 as Vice President of the Institutional Desk, eFX, and Liquidity Coverage. He was later promoted to Senior Vice President for Institutional eFX and CFDs Sales and subsequently to Director of Institutional Sales.

He also has 17 years of experience in the financial services industry, 10 of which he spent at ADSS.

Before joining ADSS, he was Institutional Department Manager at the Dubai office of Alpari’s UK unit, a role he held for over two years. He entered the industry in late 2007 as a Senior Dealer at Overseal Financial Group and later moved to Premium Capital Group as Head of the Trading Desk, according to his LinkedIn profile.

Meanwhile, ADSS, which has a strong presence in the Middle Eastern trading market, closed its UK operations last year. The company described this as a “strategic decision to refocus its resources on other entities within the Group.”

Interestingly, the UK subsidiary reported a 362 per cent increase in profit for the fiscal year 2021, which ended on 31 December, while its revenue also rose by 50 per cent during the period, reaching £4.5 million.