MultiBank Group hires Admirals alumni Roman Krutyanskiy

MultiBank Group has appointed Roman Krutyanskiy as its Chief Business Development Officer. Krutyanskiy had been long-serving executive and member of the group management board at Admirals (formerly Admiral Markets).

Roman Krutyanskiy

For more than eleven years, Krutyanskiy was tasked with leading Admirals’ operations across its European core markets, including Germany. He originally joined the firm in 2011.

“I am excited to announce that I have accepted a new position as Chief Business Development Officer at MultiBank Group. My personal thanks go to Naser Taher and his team for this opportunity and support. I am sure there will be no business mountain that we won’t be able to climb,” Krutyanskiy wrote in a Linkedin post.

“I want to use this opportunity and also to thank Admirals and personally Alexander Tsikhilov and Dmitri Laush for allowing me to be a part of Admirals for so many years. And of course, my thanks also go to my closest colleagues and friends at Admirals for the good years of cooperation and support,” he added.

During this long stint, Krutyanskiy worked his way up through several senior roles with the firm, culminating with the position of chief sales and service officer. His role was to manage two departments with over 160 employees in several countries. He was also tasked with creating and delivery of the strategy plan on sales activities as well as client service matters.

As a member of the management board, Krutyanskiy was responsible for the strategic decisions and development of the company. He previously spent a four-year tenure as country manager of Admirals Germany for four years between January 2017 and December 2020.

The CEO of Admirals Group AS Sergei Bogatenkov said that Krutyanskiy has had an important role in the company’s success and global position. Earlier in September, he took over the leadership of the German office as managing director, replacing Jens Chrzanowski, who joined X-Trade Brokers’ (XTB) German branch.

In late 2022, MultiBank has relocated its headquarters from Hong Kong to Dubai, UAE. The group said it has selected Dubai for its infrastructure, accessibility, and strategic location as a gateway to other markets in the MEA region. The move comes shortly after it has secured two strategic regulatory licenses from the Securities and Commodities Authority of the United Arab Emirates (SCA) and the Monetary Authority of Singapore (MAS).

The addition of these coveted licenses extends the group’s regulatory arsenal to include companies authorised by ASIC in Australia, BaFin in Germany, FMA in Austria, SCA in the United Arab Emirates, MAS in Singapore and CIMA in the Cayman Islands.

Founded in 2005, MultiBank Group has a current paid-up capital of over $322 million and counts an extensive client-base of over 320,000 customers from across 90 countries.