Cyprus-based Libertex appointed longtime executive Andrew Nikolaev, who was at the brokerage for ten years, as its new Chief Operating Officer (COO).

Multi-asset broker Libertex has promoted longtime executive Andrew Nikolaev as the new Chief Operating Officer (COO). He will help improve business operations in response to the growing demand for bespoke solutions and commerce.

Libertex

Nikolaev spent ten years of his career at the CySEC-regulated broker, initially serving as Head of Customer Service in Moscow for the Forex Club brand (now well-known Libertex). In September 2016, he was appointed Business Development Manager at Libertex, a position he held until October 2017.

Before his new role as CCO Libertex, he served as General Manager Europe, focusing on overseeing sales and operations in the European region for approximately six years from November 2017 to June 2023

In addition, Libertex is still in the restructuring process after its chairman, founder, and prime shareholder, Viaceslav Taran, suffered a helicopter crash in Monaco, where he lives, late last year.

He wrote a post on his social media account, "Among his many qualities, Andrew is distinguished for his extremely high-stress resistance as he always remains composed, focused, and constructive. His high-quality and timely feedback on tasks throughout all stages of projects is pivotal for identifying potential issues early in the development process. This results in new product launches, services, and company policies, with implementing them successfully."