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XS.com appoints Mohamad Ibrahim as Group CEO

By Leandra Monteiro

February 01, 2023

  • Brokerage
  • CEO
  • FinTech
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XS.comXS.com, the multinational FinTech and financial services provider for brokers as well as retail and institutional traders announced a new addition to the team, Mohamad Ibrahim, who has joined the international online trading firm as the new Group Chief Executive Officer.

Ibrahim will be responsible for driving XS.com’s growth strategy, developing new products and services, and ensuring customer satisfaction. He will be based out of Dubai, UAE but will spend time equally across all offices and place a strong focus on penetrating new markets.

XS.com was originally founded in Australia in 2010. Today the long-established brokerage has its headquarters in Cyprus, where the multi-asset trading institution provides traders, brokers, and partners from around the world with access to trade a wide range of financial products including Shares, Indices, Metals, Energies, Commodities, Currencies and Cryptocurrencies.

Sakis Paraskevov, Group COO, XS.com commented, “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 CEO, 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.”

Ibrahim will influence the innovative direction of XS.com and positively contribute to the business with the experience he has gathered from working within the financial services sector in senior leadership and high-level management roles for over a decade. He has held a range of positions with different financial institutions including Regional Director for the MENA region, Head of Global Sales, and Head of Business Development.

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