XTB Adds Jakub Leonkiewicz to its Board of Directors

X-Trade Brokers (WSE:XTB), a foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) brokerage and recently listed addition on the Warsaw Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, has added a new member to its Board of Directors, appointing Jakub Leonkiewicz to the group’s leadership team, according to a regulatory filing.

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Earlier this year XTB saw its longtime executive and Chief Executive Officer Jakub Maly relinquish his role as the Chairman of its Board of Directors. The decision to supplant Mr. Maly came on the heels of the lackluster aftermath of XTB’s IPO as well as shifting trends in the Polish regulatory regime, with regard to FX. Since debuting in May 2016, XTB’s share prices and financial results have also been lower, possibly paving the way for a changing of the guard.

Mr. Leonkiewicz is the group’s latest addition to its board, having garnered a lengthy career in business development and in the financial services space. He began in 20001 at Interhyp.de, having also worked at Roland Berger Strategy Consultants. The majority of his career has been relegated to JPMorgan for over thirteen years in which he held multiple roles.

This includes stints as an analyst in the merger and acquisition team in London and since 2012 as the Director of the JPMorgan in Warsaw. He also headed JPMorgan in Poland and the Baltic states. More recently however, since 2015 he was the Chairman of the Supervisory Board of XTB up until January 2017.