Trading 212 co-founders, Nedialkov, has stepped down as director along with Rajvinder Kaur Somal.

Recently, two directors stepped down from Trading 212, a London-based provider of exchange-traded funds, stocks, and contracts for difference (CFD). The directors are Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.

trading 212

Trading 212 is famous for offering an easy-to-use trading platform for a wide variety of instruments, such as stocks and forex.

 

Details on the Resignations

The news comes five months after Trading 212 UK appointed Andrew Paul Rydon as a Director. Rydon is also a Non-Executive Director at several other firms. Additionally, the company also hired Darren Dale, a compliance expert with more than 17 years of experience, as its Group Chief Compliance Officer.

Rydon served as Chief Operating Officer at Investec Wealth and Investment UK until July last year. Following more than 14 years at Henderson Global Investors, where he served as Chief Information Officer, Chief Technology Officer, and Global Head of Information Technology, he joined the investment company.

Based on the company's UK Companies House filings, their appointments were terminated on January 26th. Trading 212 also confirmed that Somal resigned for a new career opportunity, while Nedialkov resigned to focus on Group-wide tasks better.

According to Finance Magnates, in late February last year, Somal was appointed as a Director, while Nedialkov co-founded Trading 212 alongside Ivan Ashminov, and both are the Shareholders and Ultimate Beneficial Owners.