Admirals’ Sergei Bogatenkov Steps Down as Chairman

Admirals’ Sergei Bogatenkov Steps Down as Chairman

by Jeremy

The Admirals Group has confirmed the modifications in
its management. Sergei Bogatenkov, the Chairman of the Board of Administration, and
Andreas Ioannou, a member of the Board, have tendered their resignations.
Their departure dates are February 29 and February 25, 2024,
respectively.

Alexander Tsikhilov will assume the position of the Chairman
of the Board of Administration, efficient March 1, 2024. Tsikhilov brings a wealth of
expertise to the place, holding a number of board memberships throughout varied
organizations, together with the Order of Malta Basis in Estonia and DVF Group
OÜ, based on an announcement by the corporate printed on GlobeNewswire.

Following a call from a basic assembly of the shareholders,
Olga Senjuškina and Eduard Kelvet joined the Supervisory Board, efficient
February 5, 2024. Senjuškina has a wealth of economic expertise, having labored at Admirals since 2014. Kelvet brings skilled experience in compliance and administration from her time at Citadele Banka and AS TBB Financial institution.

In keeping with the corporate, the Supervisory Board will
transition from February 5 to February 29, 2024, with the ultimate modifications efficient March 1, 2024. Anatolii Mikhalchenko, Dmitri Lauš,
Priit Rohumaa, Eduard Kelvet, and Olga Senjuškina will kind the board from
March 1 onwards.

Not too long ago, Admirals Group underwent important
modifications in its Board construction, with Anton Tikhomirov transitioning from the
supervisory to the Board of Administration, efficient January 4, 2024. Moreover,
Daniel Skowronski, the Chief Income Officer, was recalled from his
place on the Board of Administration.

Admirals’ Administration and Supervisory Boards

The Board of Administration oversees the day-to-day
operations and strategic path of the corporate, whereas the Supervisory Board
gives oversight and recommendation. The latter determined to
shuffle Board members at Admirals Group.

Tikhomirov, who initially joined Admirals Markets
Group in 2012, brings intensive expertise to his new position. His profession consists of
stints because the Regional Director for the LATAM area and Basic Director of
the Russian subsidiary of Admirals.

Alternatively, Skowronski joined Admirals in
2023 after main gross sales improvement for SquaredFinancial’s digital asset
division. Earlier than that, he served as CEO for OANDA’s Europe, Center East, and
Africa operations and Alpari’s UK operations. Skowronski’s profession spans varied establishments, together with State Avenue, Key Company Financial institution, Financial institution of America, HSBC
International Banking and Markets, and Credit score Suisse.

The Admirals Group has confirmed the modifications in
its management. Sergei Bogatenkov, the Chairman of the Board of Administration, and
Andreas Ioannou, a member of the Board, have tendered their resignations.
Their departure dates are February 29 and February 25, 2024,
respectively.

Alexander Tsikhilov will assume the position of the Chairman
of the Board of Administration, efficient March 1, 2024. Tsikhilov brings a wealth of
expertise to the place, holding a number of board memberships throughout varied
organizations, together with the Order of Malta Basis in Estonia and DVF Group
OÜ, based on an announcement by the corporate printed on GlobeNewswire.

Following a call from a basic assembly of the shareholders,
Olga Senjuškina and Eduard Kelvet joined the Supervisory Board, efficient
February 5, 2024. Senjuškina has a wealth of economic expertise, having labored at Admirals since 2014. Kelvet brings skilled experience in compliance and administration from her time at Citadele Banka and AS TBB Financial institution.

In keeping with the corporate, the Supervisory Board will
transition from February 5 to February 29, 2024, with the ultimate modifications efficient March 1, 2024. Anatolii Mikhalchenko, Dmitri Lauš,
Priit Rohumaa, Eduard Kelvet, and Olga Senjuškina will kind the board from
March 1 onwards.

Not too long ago, Admirals Group underwent important
modifications in its Board construction, with Anton Tikhomirov transitioning from the
supervisory to the Board of Administration, efficient January 4, 2024. Moreover,
Daniel Skowronski, the Chief Income Officer, was recalled from his
place on the Board of Administration.

Admirals’ Administration and Supervisory Boards

The Board of Administration oversees the day-to-day
operations and strategic path of the corporate, whereas the Supervisory Board
gives oversight and recommendation. The latter determined to
shuffle Board members at Admirals Group.

Tikhomirov, who initially joined Admirals Markets
Group in 2012, brings intensive expertise to his new position. His profession consists of
stints because the Regional Director for the LATAM area and Basic Director of
the Russian subsidiary of Admirals.

Alternatively, Skowronski joined Admirals in
2023 after main gross sales improvement for SquaredFinancial’s digital asset
division. Earlier than that, he served as CEO for OANDA’s Europe, Center East, and
Africa operations and Alpari’s UK operations. Skowronski’s profession spans varied establishments, together with State Avenue, Key Company Financial institution, Financial institution of America, HSBC
International Banking and Markets, and Credit score Suisse.

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