FNG Exclusive… Further to our recent exclusive reports that Bulgaria/UK based, FCA regulated online broker Trading 212 was rebuilding its management team – with the recent hires of former Tickmill CFO Mukid Chowdhury as CEO and longtime LCG executive George Mantilas as COO – FNG has learned that the company has continued to fill in its executive suite, hiring Philip Parsons as Chief Financial Officer.

Mr. Parsons will also join the board of the group’s FCA licensed entity Trading 212 UK Limited.

Philip Parsons spent the last two years as Head of Finance for property finance firm Wellesley Group, following a brief stint as Controller for consumer finance firm Zopa. He was previously a Senior Manager at accounting firm Grant Thornton UK LLP in London for 10 years, working mainly with Financial Services industry clients.

Trading 212 is controlled by Bulgarian entrepreneurs Borislav Nedialkov and Ivan Ashminov. Trading 212 group revenue came in at £29.7 million (USD $41 million) in 2019, but we understand that the figure was considerably higher in 2020 and (so far) in 2021.