FNG has learned that UAE based on online ADSS brokers (former ADS Securities) have hired Dan Squires as a new head of commercial employees (CCO).
Dan Squires participates in ADSS from the UK Saxo Bank unit, relocated from London to Abu Dhabi in the process. He had joined the Saxo UK in 2023 as head of sales and was named Chief Commercial Officer last year. Before his time at Saxo Bank, Dan worked on Liquidnet of TP ICAP, RBC, Citi and Merrill Lynch, with a short period at Ai Startup Imandra.
Following the withdrawal from the UK market in 2023, Abu Dhabi -based Adss is mainly focused on customers in Mena. ADSS, through its parent company ADS Holding LLC, is controlled by UAE businessman Mahmood Ebraheem Al Mahmood and is run by CEO Ahmed Khalifa Al Mehairi.
Dan published the following note on social media about his transition to ADSS (and UAE).
I am firmly faithful to the power to say yes to conversations. Because you never know where they can drive! A few months ago I got an interesting call … fast forward this week and I am glad I started as a head of ADSS in Abu Dhabi.
This has nothing to do with the tax / growth of the United Kingdom / Development and everything to do with the opportunity to play a role in taking the UAE’s local broker #1 in the next exciting phase of growth. Extremely excited to join Ahmed Khalifa Al Mehairi and the team. I can’t promise more videos, but it can promise that we have great ambitions and designs. If you are on my network and know interesting people here, please connect me.
And