EXCLUSIVE: Roman Krutyanskiy to Step In as MD of Admirals in Germany

Roman Krutyanskiy, a Chief of Sales and Service Officer at Admirals, will take over the leadership of the forex broker’s German office following the departure of long-time executive Jens Chrzanowski.

Chrzanowski, a former Chief Value Officer on Admiral's Management Board, resumed office on Thursday as the Director of X-Trade Brokers’ (XTB) German branch.

He joined the brokerage in mid-2011 as the Regional Director of Germany, Austria, Switzerland and the Netherlands, and he became a part of the Board in early 2017.

Krutyanskiy, who is also a member of the Admiral’s Management Board, will fill Chrzanowski’s shoes as the Managing Director of Admirals in Germany, Finance Magnates has learnt.

Krutyanskiy was previously the Country Manager of Admirals Germany for four years between January 2017 and December 2020.

“From 2017, I was the Country Manager for Germany until January 2021 when I took on the role of Chief Service Officer and became a member of the Group Management Board,” Krutyanskiy told Finance Magnates.

“Now, in my current position as Chief Sales and Service Officer of the Admirals Group, the role will be expanded to include the responsibility of Managing Director of Admirals in Germany,” he added.

Krutyanskiy, who joined Admirals in August 2011 as a sales executive, noted that Germany is an important business region for the forex and CFD broker.

He added that the biggest focus of his leadership will be 'to expand and advance' the broker’s presence in the European country.

“Together with the established team in Berlin, we will build on the successes achieved in the past so that clients can continue to rely on the service they are accustomed to from Admirals,” he further told Finance Magnates.

Executive Moves

The imminent onboarding of Krutyanskiy as MD of Admirals in Germany is one of several executive entries and exits Admirals have recorded this year.

Earlier this month, XTB’s Sánchez-Matamoros joined Admiral Markets as the Country Manager for Spain while the broker earlier in March appointed Sami Hamed as the CEO for its Jordan branch.

In June, Olga Lustsik quit her membership in Admirals’ Management Board after one year on the board.

Lustski joined the broker as a Product manager in August 2020 from the network and security firm, Guardtime.

Meanwhile, Admirals recorded a 255% increase in its net trading income in the first half of 2022.

The income skyrocketed from €9.1 million which was recorded in the first half of 2021 to €32.3 million.