UAE-based brokerage group ADS Securities (ADSS) has hired Hussain Lokhandwala as a Relationship Manager.
Lokhandwala is based in the company’s Dubai office and will work on developing business via relationships with ADSS’s high net worth client book, as well as introducing broker partners.
He joins the company from Accuindex, another retail broker firm, and was also based in the company’s Dubai office. Lokhandwala has also held sales roles at ECG Brokers and Goodwill Wealth Management, an Indian commodities and equities broker.
Perhaps unsurprisingly given its roots and the fact its headquarters are in the region, ADSS primarily focuses on the UAE and other MENA markets, although it does have large operations in Asia as well.
The majority of its web traffic today, based on SimilarWeb data, appears to come from the UAE, although other MENA countries – like Saudi – are also notable contributors.
ADSS has also been branching out into wealth management and investment products. The group operates a separate entity – ADS Investment Solutions (ADSI) for this purpose.
ADSI is based and regulated in Abu Dhabi and runs an open-ended fund that invests in Saudi Arabia, as well as providing other wealth management services.
