Roman Krutyanskiy, Admiral’s former Chief Sales and Service Officer, has joined financial derivatives broker MultiBank Group, as its new Chief Business Development Officer. Krutyanskiy announced his new role on Monday through LinkedIn.

Krutyanskiy’s new position comes over two months after he resigned from Admirals where he served for over 11 years in several senior roles including as a Management Board Member, Chief Service Officer and Country Manager. He joined Admirals in August 2011 in a sales role.

Before his departure from Admirals, it was intended that Krutyanskiy take over the leadership of the forex broker’s German office following the exit of long-time executive Jens Chrzanowski. In a post on LinkedIn, Krutyanskiy said he was excited “to dive into this next step of my professional journey.” Until this new role, the executive spent all of his professional working life at Estonia-based Admirals.

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MultiBank Group Makes Strategic Hires

The announcement of Krutyanskiy's appointment comes a few days after MultiBank Group hired Amana’s Omar Khaled as its new Marketing Director. Khaled left rival forex broker Amana after over ten years of leading the firm's marketing teams, first in Lebanon and later in Dubai in the United Arab Emirates.

In November last year, eToro’s Herman Dermer joined MultiBank Group as the Head of International Sales after spending seven years in Tel Aviv and Limassol in roles for the Israeli social trading and multi-asset investment firm. However, this month Dermer left MultiBank Group for AvaTrade where he took up the role of Affiliate Program Manager.

Meanwhile, in October last year, MultiBank Group secured additional licenses in the United Arab Emirates and in Singapore months after reporting a record annual revenue of approximately $189 million in the fiscal year 2021. Moreover, the derivatives institution recently moved its headquarters to Dubai from Hong Kong.

The derivatives broker has a presence in over 20 countries across five continents including Australia, Singapore, the UK, Mexico, India, the Cayman Islands and the United States of America.