Tareq Haddad Joins ADSS as Compliance Director

ADSS, Abu Dhabi-based financial services provider, has appointed Tareq Haddad as its new Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term Director. According to an update made via LinkedIn, Haddad joins the company after working in Emirates NBD for over 6 years, and he will be based in Abu Dhabi.

Also, the executive worked in the firm as FATCA Compliance Manager for nearly 9 months. In addition, between 2011 and 2015, Haddad worked as the Compliance Manager in the Arab Bank and again as the Compliance Officer for the American Life Insurance Company in Jordan between 2006 and 2011.

“I’m very excited to announce that I’m starting a new position as Compliance Director at ADSS! It has been a pleasure working with excellent leadership and colleagues at Emirates NBD. I’m eager to use the skills I have learned to contribute to my new role,” Haddad commented in a post made via LinkedIn.

He earned a Bachelor’s degree in Accounting at Al Isra’a Private University and held a CMA in Management Accounting from the Institute of Management Accountants. Moreover, Haddad has a Certified Internal Auditor (CIA) from the Institute of Internal Auditors.

Sophia Salim Appointment

In March, Sophia Salim, a former Software Engineer at Microsoft, was appointed to Chief Product & Innovation Officer. In the last year, the company announced several senior-level appointments to strengthen its retail and institutional securities brokerage services. Salim worked for Microsoft and Bykea for nearly 17 years in her professional career.

The newly appointed Chief Product and Innovation Officer was a software engineer at Microsoft before being appointed to her current position. Moreover, she co-founded Ropazi, a San Francisco-based commerce platform start-up Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term supported by StartX, an accelerator for Stanford-affiliated entrepreneurs.

ADSS believes Salim’s appointment is a key component of the company’s strategy for expanding its executive team. According to the financial services provider, women now make up over 30% of ADSS’s senior leadership team. Over the past few years, ADSS has grown substantially in terms of product offering and services. London and the Middle East are among the areas where the company plans to expand its securities brokerage business.