Roman Krutyanskiy Resigns as Admirals Executive

Another top executive of Admirals (previously Admiral Markets) is leaving the company. As officially announced late Monday, the broker’s Chief Sales and Service Officer, Roman Krutyanskiy, who also sat on the board, resigned from his position.

Krutyanskiy’s authorization as a member of the management board of the broker already expired on 31 October 2022. He joined the Admirals’ board in February 2021.

He departed after more than 11 years of working at the broker in several roles. So far, he has spent all of his career at the Estonian broker.

According to his Linkedin profile, he joined the Germany-based sales team of the broker in August 2011. He then climbed the corporate ladder to become the German county manager by 2017, remaining in that position for four years. He was promoted to Chief Service Officer and was given additional responsibilities as the Chief of Sales in July last year.

Present Board

With Krutyanskiy’s departure, Admirals now has three board members: the CEO, Sergei Bogatenkov, Andres Ioannou, who heads the Cyprus operations, and the Chief Information Officer, Andrey Koks.

Earlier this year, Jens Chrzanowski, a prominent executive of Admirals, separated from the broker to join rival XTB as the Director of its German operations.

Admirals is one of the major 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 and contracts for differences (CFDs) brands to offer services to retail traders. It is growing at an excellent pace as its net trading income in the first half of 2021 surged by 225 percent to €32 million. It generated €23.3 million in net profit, which is a yearly increase of 1,512 percent.

Additionally, the brokerage gained regulatory licenses in South Africa and Canada to expand its services.

Meanwhile, Admirals filled a few key roles this year with experienced industry executives. It hired Sánchez-Matamoros as the country manager of Spain in August, months after appointing Sami Hamed as the CEO of its Jordan branch.