Admirals plans restructuring of leadership members. As a result, the supervisory board confirmed the departure of executives Sergei Bogatenkov and Andreas Ioannou.
In recent forex broker news, it has been reported that the Estonia-based Admirals forex broker confirmed the move to reorganize the leadership structure. It resulted in the resignation of Management Board Chairman Sergei Bogatenkov and Andreas Ioannou, Board member and Executive Director of the Cyprus branch.
The Company's Supervisory Board stated that the roles of the two executives end on February 29 and 25, 2024, respectively. Meanwhile, the inauguration of the new Chairman of the Management Committee, Alexander Tsikhilov, starts in early March 2024.
This appointment highlights his professional experience as a member of boards of various organizations, including the Order of Malta Foundation in Estonia and DVF Group OÜ.
Following the general meeting of shareholders, the low-cost CFD broker named two new members of the Supervisory Board, Eduard Kelvet and Olga Senjuškina, who started their responsibilities on February 5 2024.
Kelvet has contributed significantly since joining the broker in August 2022 as a member of the MoneyZen OÜ board and as head of compliance for Admirals forex broker. Senjuškina also demonstrated a professional career in leadership positions since working at Admirals in 2014 and for over 20 years in accounting, tax consulting and asset management.
In addition, the Supervisory Board will implement the reconstruction plan from February 5 to February 29, 2024, with the final change on March 1, 2024. Anatolii Mikhalchenko, Dmitri Lauš, Priit Rohumaa, Eduard Kelvet, and Olga Senjuškina will form the board from March 1 onwards.
Previously, Admirals has announced changes to the supervisory structure and management board involving executives Anton Tikhomirov and Daniel Skowronski.