Mihail Petkov Takes Over as Head of Client Services at Admirals

Forex broker Admirals made headlines with the appointment of Mihail Petkov as their new Head of Client Services. Petkov, who previously served as Head of Back Office at Capital.com, brings a wealth of experience to his new role. According to his LinkedIn update, he will be based in Limassol, Cyprus.

Prior to joining forex broker Admirals, Petkov held key positions at various companies, including Head of Technical Client Operations at StockTech, where it manages receipt and payment systems while handling negotiations and implementation of third-party services. His career also includes nearly seven years at Trading 212, where he worked his way up from Customer Service Specialist to roles such as Onboarding Specialist and Supervisor.

The multi-asset broker has undergone several leadership changes in 2024. Earlier this year, Sergei Bogatenkov and Andreas Ioannou stepped down from the Management Board, and Alexander Tsikhilov assumed the role of CEO in March. p>

In other news, Admirals reported solid financial performance despite low market volatility in 2024. The CySEC regulated broker saw a 4% increase in net trading revenue for first half of the year, reaching EUR 22.0 million, compared to EUR 21.1 million in the same period last year.

Stay tuned for more of the latest forex broker news and leadership changes.