Admirals confirms CEO and Cyprus office head management departures
Replacing Sergei Bogatenkov as Chairman of the Management Board (i.e. CEO) of Admirals will be company founder Alexander Tsikhilov.
Admirals Group AS
Exclusive: Admirals CEO Sergei Bogatenkov and Cyprus head Andreas Ioannou resign
Taking the place of Sergei Bogatenkov as CEO will be Admirals founder Alexander Tsikhilov, who has been Chairman since 2017.
Admirals shuffles Supervisory and Management Boards
Anton Tikhomirov, a member of Admiral Group AS’ supervisory board, was recalled and named to the management board of the company.
Admirals adds Match-Prime as Liquidity Provider
Match-Prime is a CySEC-regulated liquidity provider working exclusively with professional and institutional clients.
Admirals Group revenues collapse 51% in 1H 2023, posts €4.8M loss
While Revenues fell, Admirals Group operating expenses increased by 24% in the first half of 2023.
Admirals restructures, gives up Estonia license
In addition to the restructuring and license news, Admiral announced a bond buyback at Admiral Markets AS.
Admirals Group sees Revenues drop 40% in 2H-2022, posts net loss
For the full year 2022, Admirals posted Revenues of €69.0 million and Net Profit of €23.5 million.
Admirals expands in Africa, adds Kenya license
The move is the latest on the continent for Admirals, which earlier this year established an entity in South Africa.
Admirals’ CSO (and Mgmt Board member) Roman Krutyanskiy resigns
Roman Krutyanskiy had been with Admirals for more than 11 years, starting out in sales in Germany before climbing through the ranks.
Admirals posts record Revenues (€43M) and Profits (€24M) in 1H 2022
Despite the increase in trading volumes, revenues and profits the number of client trades went down by 2% to 28.7 million.
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