Mohamad Ibrahim, the FX/CFDs industry executive who left Exness in mid-2022, has joined XS.com as the Group Chief Executive Officer. He is based out of Dubai but will share his time in all global offices of the online broker.
Mohamad Ibrahim Joins XS.com
XS.com provides counterparty trading services to retail traders and has liquidity , technology, and other white-label offerings for institutions. The company was originally established in Australia in 2010 but is now headquartered in Cyprus. It offers brokerage services with licenses in Australia, Cyprus, and Seychelles.
The press release shared with Finance Magnates detailed that Ibrahim is responsible for driving XS.com's growth strategy. Also, he will focus on developing new products and services and ensure customer satisfaction.
"I'm excited to have joined the XS brand at a time when they are reinventing themselves to become a globally connected business whilst being a more technologically advanced, and faster moving FinTech firm," Ibrahim said.
"My role will include spearheading the broker's global expansion strategy as I take on the responsibility for driving the new XS.com vision and leading on some impressive expansion plans."
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Ibrahim Is an Experienced FX/CFDs Executive
According to his Linkedin profile, Ibrahim entered the trading industry in 2010 through a Business Development Manager role at the Lebanon offices of FXCM. On top of that, he was the Head of Global Sales and Business Development at Ikon Multibank Financial Group and a Business Development Advisor at Commanine.
His most recent industry experience was with Exness, a broker growing at a tremendous pace, at least in terms of trading activities. He separated from Exness in July 2022 after remaining as its Regional Director of the MENA region for about three years. Moreover, he was a Director at ICM.com between March 2017 and September 2019.
Along with his new role at XS.com, Ibrahim will continue to maintain his Managing Director position at Dubai-based The Stage, a small advertising services company.
"Having Mohamad Ibrahim join our brokerage as our new Group CEO is something myself and our leadership team are very excited about," said Sakis Paraskevov, the Group COO at XS.com.
"Mohamad brings with him a great wealth of experience and is seen as an innovator and thought leader within the global financial markets. He is an expert in providing solutions for trading a range of asset classes, has built up financial services companies from the ground up and understands trading systems and the regulatory factors that accompany their framework."
