ADS Securities sales head resigns

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Patrik Nagel, head of sales for the Middle East and North Africa (Mena) at Abu Dhabi-based brokerage ADS Securities, is leaving the firm after just under two years.

Nagel, who was formerly head of sales for Asia at FXall for two years, joined ADS Securities in May 2011, two months after the firm was launched with an initial capital commitment of $400 million from a group of private investors.

Based in Abu Dhabi, Nagel focused initially on Asia-Pacific sales and was promoted in July 2012 to also

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