FNG Exclusive… Following our previous coverage of a number of senior management resignations at UAE based Retail FX and CFDs brokerage group ADSS (more details below) over the past year or so, FNG has learned that a number of the recent additions to the ADSS team to replace those departed execs have now left themselves.

Exiting ADSS is London based Group CFO Joanne Page (pictured above), who just joined ADSS in August of 2021, replacing the group’s former CFO Trevor Beagrie. Jo Page had joined ADSS after spending three years as CFO of Saxo Bank UK from 2018-2021. She had also previously worked at Capital Index, ETX Capital, and City Index, in senior financial and operating roles.

Also leaving ADSS after a very short tenure is Kevin Ball, brought in less than a year ago as Chief Human Resources Officer. Kevin Ball was previously Vice President of Global Talent Management and Vice President of Human Resources at auto industry software firm CDK Global.

As noted above, ADSS has been hit with a raft of resignations in its senior management ranks in both its UAE headquarters and its London based operation. Other departures at ADSS – all also exclusively reported here at FNG – have included:

• Chief Compliance Officer Roland Danielczyk, and Head of Front Office Michael Taylor.
• Tarek Nabil, who joined Capex.com as COO of its UAE operation, Key Way Markets Ltd.
• ADSS UK CEO Paul Webb, who moved to rival Equiti Capital.
• Jason Hughes, who became Senior Executive Officer of Exinity ME Ltd.
• Oliver Hallsworth, General Counsel and Global Head of Legal & Compliance since 2016.
• Fabian Chui, Head of Front Office and with ADSS since 2017.
• Poul Gotterup, with ADSS since 2014, most recently as Head of Data and Analytics.
• Francis Lee, CEO of ADSS Asia since 2015.