Exclusive: Vladimir Verbitskiy Resigns as CEO and Chairman of Alpari Board

Vladimir Verbitskiy has resigned as CEO of Alpari, Finance Magnates confirms.

Prior to joining Alpari in 2017, Vladimir held several high-level executive positions within the oil, financial, and banking industries, including as founder and owner of non-credit financial organizations. With two decades of management experience, Vladimir has been a key player within the financial world for the last 15 years.

Industry Veteran

Before joining the banking environment, Vladimir worked at the Forex Club as the head of the CIS market and a member of the Group's Board. As Senior Vice President of Alfa-Bank CIB, Vladimir was responsible for the development of the Alfa Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term subsidiary, the development of sales of Alfa-Bank CIB products in A-Club (Private Banking Service of Alfa-Bank for the HNWI segment). Vladimir was also responsible for creating new investment products, such as Alfa-Bank Casual Investments, in collaboration with the well-known Alfa- Laboratory.

"An exciting experience for me"

Responding to questions from Finance Magnates, Vladimir said: "I am pleased with my experience at Alpari - during our time at the Company we have achieved all the key goals set for management by shareholders. The work of the CEO and Board Chairman of the Alpari Group, which has been in existence for 20 years, is complex and responsible, especially given that it is one of the industry's best-known and respected brands, offering its services to customers from dozens of countries around the world. It was one of the most interesting challenges and an exciting experience for me. I am sure that customers have appreciated the changes that have taken place in Alpari products in recent years. During this time, the Company has undergone a number of transformations and has become much more efficient."

Regarding his plans for the future, Vladimir said that he intends to continue working in the industry and is currently considering both opportunities to create his own business, as well as various alternatives within the Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term industry.

"This is a very interesting and dynamic market. I don't know of any other industry that has developed and has evolved so dynamically over the last two decades. I am sure that in the near future we will witness the further active development of the industry and I will gladly apply all my strength, knowledge and experience to it," Vladimir concluded