New Leadership Era: Alexander Tsikhilov, CEO of Admirals 

New Leadership Era: Alexander Tsikhilov, CEO of Admirals 

Admirals has announced the appointment of Alexander Tsikhilov as its new Chief Executive Officer (CEO). Tsikhilov, who previously served as the Supervisory Board Leader of Admirals Group, steps into this role as part of the company’s ongoing commitment to bolstering its business operations.

The transition in leadership comes following a strategic restructuring within the organization, which saw changes in several key board positions. Notably, Tsikhilov’s appointment follows the departure of former CEO Sergei Bogatenkov, who concluded his tenure with the company at the end of February.

Tsikhilov brings a wealth of experience to his new role, having served as Chairman of the Supervisory Board of Admirals Group since early March 2024. In assuming the position of CEO, he aims to build upon the foundation laid by his predecessors and further propel the company’s growth trajectory.

New Leadership Era: Alexander Tsikhilov, CEO of Admirals 

Acknowledging the contributions of outgoing executives Sergei Bogatenkov and Andreas Ioannou, Tsikhilov expressed gratitude for their leadership and vision. He emphasized their significant role in strengthening the company’s foundations over the years.

The leadership transition coincides with recent developments such as the merger of Admirals with its Estonian subsidiary, Admirals Markets AS. Despite these organizational changes, Admirals reaffirms its commitment to Tallinn, Estonia, as its headquarters, where it currently employs a team of over 100 professionals.

In navigating the challenges of this transition period, Tsikhilov outlines his priorities, which include rebalancing resources, refining strategic focus on geography and products, and fostering a supportive and inclusive work environment. These initiatives are essential for ensuring the company’s sustained success in the dynamic forex brokerage landscape.

Alexander Tsikhilov’s appointment as the new CEO of Admirals Forex Broker marks a pivotal moment in the company’s journey toward continued growth and success. With his proven leadership and strategic vision, coupled with the dedication of the Admirals team, the company is going to navigate the evolving landscape of the forex industry with resilience and adaptability. As Admirals reaffirms its commitment to its employees, clients, and stakeholders, it looks forward to a future of innovation, expansion, and enduring excellence under Tsikhilov’s leadership.

Also, stay updated with the Latest Broker News.

Leave a comment