Continuing its recent hiring spree, Australia/Cyprus based Retail FX and CFDs broker XS.com has announced that UAE based executive Wael Hammad has joined the brokerage as the new Chief Commercial Officer (CCO).

Wael Hammad has over a decade of experience in the financial services industry and will be reporting to Mohamad Ibrahim, the firm’s Group Chief Executive Officer (CEO). Hammad’s main responsibilities will include driving revenue growth globally through the development and implementation of commercial strategies that align with the Group’s overall goals and objectives in existing and new markets.

Wael Hammad spent the last eight years at ICM Capital and its ICM.com brand, based in Dubai acting as Senior Regional Manager for the MENA Region. Previously he worked three years for GKFX Prime (now Trive).

Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com said about the firm’s new hire:

“I am delighted to welcome our new Chief Commercial Officer, Wael Hammad, to the Group. With his extensive experience from working in the finance and FinTech world for many years, coupled with his proven track record of success, I am confident Wael will bring a fresh perspective and new ideas to the table. I look forward to working closely with him to continue driving our business forward and delivering exceptional results for our valued traders, partners, and stakeholders.”

Wael Hammad has extensive experience working in the finance industry, in this new role he will be responsible for leading the company’s revenue-generating activities, including sales, marketing, business development, and customer relations on a global level. He will be working closely and collaborating with other departments to create integrated and seamless trading experiences.

Wael Hammad, Chief Commercial Officer at XS.com, expressed enthusiasm about joining the global brokerage:

“I am thrilled to be joining the XS Group, a dynamic and innovative brokerage. With its forward-thinking approach to the financial services industry and its commitment to delivering exceptional service to clients, I believe we have a tremendous opportunity to grow and succeed together. I look forward to working closely with a talented team – that is growing daily – to build on the firm’s already impressive track record within the multi-asset trading and FinTech sphere. My mission will be to take the XS Group to even greater heights.”

The announcement comes a short while after the XS Group announced further additions to the team with Mohamad Ibrahim coming on board as the Group’s new CEO, and Ahmed Negm joining as XS.com’s new Head of Market Research for the MENA region. The company also hired ex IQ Option exec Stephanie Michael as Global Head of HR, FxPro executive Despina Iapona to head PR and Branding, and recently named AvaTrade / Scope Markets alum Chanelle Tsoka to be South Africa Country Director.

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.