FNG Exclusive… FNG has learned that longtime Admiral Markets AS senior manager Jens Chrzanowski has resigned from the company.

He will become XTB Country Director Germany, as of September 1.

Jens Chrzanowski served as Estonia based Admiral Markets’ Chief Value Officer. He had been with Admiral Markets, which for retail purposes rebranded as Admirals last year in a project he largely oversaw, for more than 11 years, joining in 2011 as Regional Director for Germany, Austria, Swiss, and Netherlands. In 2017 Mr. Chrzanowski was promoted to the company’s Management Board, and was one of just three Admirals Management Board members, alongside CEO Sergei Bogatenkov and CIO Andrey Koks.

Prior to joining Admirals, Mr. Chrzanowski worked at FXCM, E*Trade and Deutsche Bank in various sales and brokerage positions.

Admirals had a fairly rough 2021, with Revenues declining by 43%. The company is expected to post 1H-2022 results in the coming days.

Admiral Markets AS CEO Sergei Bogatenkov said that Jens Chrzanowski has had an important role in the company’s success and today’s global position:

“I am very sorry to see Jens Chrzanowski go, but I completely understand his desire to move on after working together for many years. Germany is our most successful market, where we have been known as a quality leader in the sector for many years, and Jens has an extremely important role in this. 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.”