Following a 17-year-stint at BAO, Lesley Kumar joins the board of the London subsidiary of ADSS
The UK-based subsidiary of Abu-Dhabi-headquartered ADSS has expanded its directors line up. According to a UK Companies House filing, the company welcomes long-time financial industry veteran Lesley Kumar to its board.
The London-based company is beefing up its management team at a time when the industry is facing a raft of Compliance challenges.
The implementation of the Global Code of Conduct for financial institutions has been a major theme in the industry over the past 18 months. Kumar joins ADSS as a key person with knowledge of the compliance side of the market.
While working at Bank of America for almost 17 years, Kumar’s experience has been focused on the legal governance of the industry.
Her last role at the bank which she left at the beginning of 2017, was that of Regional Head of Compliance. Before joining Bank of America, Kumar spent a number of years at Swedish private banking firm, SEB.
As major financial institutions are adopting the recommendations outlined in the Global Code of Conduct, the adherence principle trickles down to smaller market participants.
The start of the process has been triggered by the central banks. They have effectively committed not to do business with financial institutions which forego adherence to the code.
After the implementation of MiFID II and GDPR this year, The FX Global Code of Conduct is next on the list of compliance challenges for firms from the industry.
While the adherence to the code is voluntary, an adequate understanding of the principles behind the document is at the core of becoming compliant with the recommendations outlined in it. ADSS has been boosting its legal team throughout the year.
ADSS UK Board
After getting approval from the FCA to join the company as a Non-Executive director, Kumar joins Philippe Ghanem, Christopher Hansen, Bachir Rabbat, and CEO Paul Webb on the company’s board.
The Abu-Dhabi-headquartered company has earlier this year undertaken a rebranding effort. The firm rebranded from ADS Securities to ADSS in June.
Since the implementation of the new regulatory regime in the EU, ADSS has been on-boardingmore talent. The company also applied for and gained a EUR730k type license.
The UK-based subsidiary of Abu-Dhabi-headquartered ADSS has expanded its directors line up. According to a UK Companies House filing, the company welcomes long-time financial industry veteran Lesley Kumar to its board.
The London-based company is beefing up its management team at a time when the industry is facing a raft of Compliance challenges.
The implementation of the Global Code of Conduct for financial institutions has been a major theme in the industry over the past 18 months. Kumar joins ADSS as a key person with knowledge of the compliance side of the market.
While working at Bank of America for almost 17 years, Kumar’s experience has been focused on the legal governance of the industry.
Her last role at the bank which she left at the beginning of 2017, was that of Regional Head of Compliance. Before joining Bank of America, Kumar spent a number of years at Swedish private banking firm, SEB.
As major financial institutions are adopting the recommendations outlined in the Global Code of Conduct, the adherence principle trickles down to smaller market participants.
The start of the process has been triggered by the central banks. They have effectively committed not to do business with financial institutions which forego adherence to the code.
After the implementation of MiFID II and GDPR this year, The FX Global Code of Conduct is next on the list of compliance challenges for firms from the industry.
While the adherence to the code is voluntary, an adequate understanding of the principles behind the document is at the core of becoming compliant with the recommendations outlined in it. ADSS has been boosting its legal team throughout the year.
ADSS UK Board
After getting approval from the FCA to join the company as a Non-Executive director, Kumar joins Philippe Ghanem, Christopher Hansen, Bachir Rabbat, and CEO Paul Webb on the company’s board.
The Abu-Dhabi-headquartered company has earlier this year undertaken a rebranding effort. The firm rebranded from ADS Securities to ADSS in June.
Since the implementation of the new regulatory regime in the EU, ADSS has been on-boardingmore talent. The company also applied for and gained a EUR730k type license.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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