Australia / Cyprus based Retail FX and CFDs broker XS.com has announced that it has hired Mohamad Ibrahim as the company’s new Group Chief Executive Officer (CEO).

Mohamad Ibrahim will be responsible for driving XS.com’s growth strategy, develop new products and services, and ensure customer satisfaction. Although XS.com was originally founded in Australia and more recently has had its headquarters in Cyprus, Ibrahim will be based out of Dubai but will spend time equally across all offices and place a strong focus on penetrating new markets.

We had reported exclusively last June that Mohamad Ibrahim left Exness, where he was Regional Director for Exness in the MENA region for three years. He had also previously worked at ICM.com, MultiBank and at FXCM.

Sakis Paraskevov, Group COO at XS.com commented on the new hire:

“Having Mohamad Ibrahim join our brokerage as our new Group CEO is something myself and our leadership team are very excited about. 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.”

Mohamad Ibrahim, Group Chief Executive Officer (CEO) at at XS.com said:

“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. I’m delighted to be joining the brokerage at a time when so many exciting changes and new hires are taking place. My role will include spearheading the brokers global expansion strategy as I take on the responsibility for driving the new XS.com vision and leading on some impressive expansion plans.”

The XS Group (operating under brand name “XS” or “XS.com”) is a multinational FinTech and financial services provider with entities regulated and authorized in various jurisdictions around the globe including ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles). Established in Australia in 2010, XS Group is today headquartered in Cyprus with offices in different countries worldwide. The group also operates the Tradevo brand (tradevo.eu).