Marco Baggioli, Global Head of FX Prime Brokerage at BNP Paribas SA (EPA:BNP), is joining ADS Securities London Limited to take up the role of Chief Operating Officer. He will start work after the 1st July 2015 reporting to ADS London’s Managing Director, James Watson.
This represents a further example of talented industry professionals which the recently established London division of ADS Securities is attracting.
Commenting on the move, Mr Watson said: “Marco is known throughout the industry and we are extremely pleased that he has chosen to join us. This will be a new challenge for him, but he knows the company very well and understands the drive, investment and the ambition we have. The team and I look forward to working with him and taking this business to the next level.”
ADS Securities London Limited was launched in October 2014 and has the same parent company as Abu Dhabi based ADS Securities LLC. It is authorised and regulated by the Financial Conduct Authority, and provides a full range of institutional and private client trading. The main markets are the UK, mainland Europe and North America.
“We are in a very dynamic and challenging market and when this role became available I realised that it offered the potential and opportunity I am looking for,” said Mr Baggioli.
“ADS Securities’ commitment to investment in the industry and their clients makes them almost unique in the FX world. The company has a long-term vision and I know that I can add, and give direction, to this. Working at BNP Paribas has been a fantastic experience, but the time was right to move on and be part of building ADS Securities London’s future” concluded Mr. Baggioli
Mr Baggioli has over 23 years’ experience in the sector. Prior to joining BNP Paribas in March 2010, he was at Deutsche Bank AG (FRA:DBK), as Head of FX Prime Brokerage Sales for Europe and Asia-Pacific. He has also held a number of senior institutional sales roles at Merrill Lynch and JPMorgan Chase & Co. (NYSE:JPM), where he acted as Head of Fixed Income Prime Brokerage EMEA. He also acted as COO of MonteTitoli SpA, the Italian Central Securities Depositary, which he lead through its privatisation from The Bank of Italy in 2000.
For the official announcement, click here.