Retail broker MultiBank Group has appointed Hasan Al Aqqad as Chief Executive Officer of the company's Middle East and North Africa division.
Al Aqqad joins the firm from One Financial Markets, a broker regulated by the Financial Conduct Authority, where he was a Regional Manager.
Before that, Al Aqqad was working for another retail brokerage - Alpari.
Working for the company's UK subsidiary, he managed the firm's introducing broker and Retail Trading division before, in 2012, being promoted to Head of Sales.
From ACM to MultiBank
Al Aqqad got his start in the trading world back in 2006 when he joined the Al Ahlia General Trading Co in Abu Dhabi. Working as a Marketing and sales person, Al Aqqad was responsible for building region-specific sales strategies and helping the marketing team grow the business.
After leaving Al Ahlia towards the end of 2008, Al Aqqad moved to Advanced Currency Markets, a retail broker that was acquired by Swissquote in 2010 after being denied a regulatory license by the Swiss Financial Market Supervisory Authority.
During his time with the broker, Al Aqqad helped to develop institutional business for the broker by bringing in revenue from the Bahraini Saudi Bank.