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Admiral Markets Loses Long-Serving Exec, Chrzanowski to XTB

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Written By: Michael Abadha
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    Summary:
  • Admiral Markets has announced the departure of long-term executive, Jens Chrzanowski. We tell you why this is a big change in the company.

Admiral Markets, a top online trading firm, has announced the resignation of Jens Chrzanowski, who has served as an AS senior manager for many years. According to a statement from the company on Tuesday, Chrzanowski has departed to take a position with XTB, another major CFD and forex trading firm.

In addition, as of 01.09.2022, he will resign from his position on the management board of Admirals Group AS. Furthermore, his term as a member of the Management Board will end on August 31, 2022, and so will his ability to make decisions on behalf of the company.

Why Admiral Markets will miss Chrzanowski 

In 2017, Mr. Chrzanowski was given a position on the company’s Management Board after receiving an internal promotion. Along with the CEO, Sergei Bogatenkov, and the CIO, Andrey Koks, he was one of only three people on the Admirals Management Board. Sergei Bogatenkov, CEO of Admirals Group AS, shared the sentiments of the company in response to Chrzanowski’s departure.

The CEO added that he had a significant part in the growth of the company and its current standing in the international market. He went on to say that Germany is Admiral Markets’ most successful market, and that Chrzanoski has made enormous contributions to that success.

Furthermore, the CEO stated:

“He is a great team player with whom we have secured our successful presence in the financial world and built a strong FinTech brand. I wish him all the best in taking on new challenges.”

Mr. Chrzanowski had a successful 11 years at Admiral Markets. One of his longest roles was as the Regional Director for Germany, Austria, Swiss, and the Netherlands. Notably, one of his important contributions towards was in 2021, when he handled the company’s rebranding to Admirals for retail purposes. Prior to joining Admiral Markets, Mr. Chrzanowski worked in different sales and brokerage positions at FXCM, ETrade, and Deutsche Bank.

This post was last modified on Aug 30, 2022, 12:08 BST 12:08

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha