Zahid Mahmood will step down as Director of Trading Risks at Admiral Markets UK after one year. He also resigns from the Board of Directors.
Estonian broker Admirals announces the resignation of Zahid Mahmood from his position as Director of Trading Risks and Trading Products FCA-regulated Admiral Markets UK Ltd. He has also resigned from the Board of Directors of Admiral Markets UK Ltd.
Zahid Mahmood joined the global forex and CFD broker in early 2021 from broker House of Borse, holding the position of Director of Compliance and Trading Risk. He has previously worked at FX Stat and Beaufort Securities Ltd.
Sergei Bogatenkov, CEO of Admirals, said: "It is difficult to wish for a better, hard-working, determined, much honored, and valued member of our global team than Zahid. While I fully understand his decision to move on in his professional career, I am sad to see him leave Admirals because his contribution to the success of the company is significant. He was one of the key players in our UK's operations and an outstanding role model for the team. I am deeply grateful for all his good work and wish him great success in his new endeavors."
Admirals Licenses
In addition to FCA, Admirals also has licenses from the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Thanks to this set of licenses, the company is entitled to offer a range of financial services on a cross-border basis across the EU/EEA under European passport rights.