Polish retail broker X-Trade Brokers (XTB) has
appointed Jens Chrzanowski, a former Chief Value Officer on Admiral’s Management Board, as the Director of its German branch.
The broker said Chrzanowski took over the German
Office on Thursday, September 1, stepping in the shoes of Eliza Dygutowicz who
departed XTB after a 13-year career stay.
“Ms. Dygutowicz has done an excellent job of
building up the branch, and her departure marks the end of an important chapter for XTB
Germany. We wish her all the best for her upcoming projects,” Omar Arnaout, CEO of XTB, said in a statement released on Thursday.
Finance Magnates reports that Chrzanowski had similarly departed
Admirals after 11 years of
working at the Estonia-based financial services group.
‘Renowned Professional’
Meanwhile, Arnaout described the company’s new hire, Chrzanowski, as a “renowned financial market professional” who will help take XTB’s growth trajectory “to a qualitatively new level”.
“As the new head of XTB Germany, Chrzanowski
wants to focus on promoting the broker’s offering, in particular its investing
platform,” XTB said in a statement shared with Finance Magnates.
On his part, Chrzanowski, who noted that investment sentiment has changed
significantly in the last few years, believes that XTB will
continue to stand out from the competition because of its expertise.
“In times when people are looking for
different investment alternatives, attention is slipping to increasingly
complex financial instruments, with which XTB has been able to demonstrate
outstanding expertise over the past 15 years of presence in Germany,” Chrzanowski said.
XTB First Half of Year Performance
In its first half of 2022 performance, XTB’s net profit skyrocketed
638.4% year-on-year (YoY) to
PLN 480 million.
According to the broker’s preliminary
financials for January to June 2022, the firm’s operating income hit PLN 836.2 million, a
245.5% YoY surge.
Additionally, the broker’s average number of
active clients soared 42.7% to 149,824 while the number for new clients
dropped -6.3% YoY to 101,030.
Polish retail broker X-Trade Brokers (XTB) has
appointed Jens Chrzanowski, a former Chief Value Officer on Admiral’s Management Board, as the Director of its German branch.
The broker said Chrzanowski took over the German
Office on Thursday, September 1, stepping in the shoes of Eliza Dygutowicz who
departed XTB after a 13-year career stay.
“Ms. Dygutowicz has done an excellent job of
building up the branch, and her departure marks the end of an important chapter for XTB
Germany. We wish her all the best for her upcoming projects,” Omar Arnaout, CEO of XTB, said in a statement released on Thursday.
Finance Magnates reports that Chrzanowski had similarly departed
Admirals after 11 years of
working at the Estonia-based financial services group.
‘Renowned Professional’
Meanwhile, Arnaout described the company’s new hire, Chrzanowski, as a “renowned financial market professional” who will help take XTB’s growth trajectory “to a qualitatively new level”.
“As the new head of XTB Germany, Chrzanowski
wants to focus on promoting the broker’s offering, in particular its investing
platform,” XTB said in a statement shared with Finance Magnates.
On his part, Chrzanowski, who noted that investment sentiment has changed
significantly in the last few years, believes that XTB will
continue to stand out from the competition because of its expertise.
“In times when people are looking for
different investment alternatives, attention is slipping to increasingly
complex financial instruments, with which XTB has been able to demonstrate
outstanding expertise over the past 15 years of presence in Germany,” Chrzanowski said.
XTB First Half of Year Performance
In its first half of 2022 performance, XTB’s net profit skyrocketed
638.4% year-on-year (YoY) to
PLN 480 million.
According to the broker’s preliminary
financials for January to June 2022, the firm’s operating income hit PLN 836.2 million, a
245.5% YoY surge.
Additionally, the broker’s average number of
active clients soared 42.7% to 149,824 while the number for new clients
dropped -6.3% YoY to 101,030.
