UGL Exchange Promotes COO Alicia Ziomek to the Role of CEO

UGL ExchangeCyprus based Forex broker UGL Exchange has released a statement stating that it has promoted Alicia Ziomek to the role of Chief Executive Officer effective immediately. Alicia is already a part of UGL family and has been working as Chief Operating Officer for the past one year. Alicia has nearly five years of experience in dealing with Capital Markets and joined UGL Exchange back in June 2018 as per information stated in her LinkedIn profile. In her Capacity as Chief of Operations, Alicia was responsible for overseeing daily operations of the firm across IT, Marketing, Sales and Finance departments.

As per a report published in Financemagnates website which was the first to report of promotion of Alicia as CEO, she continues to retain her role as Chief of Operations along with her current role of CEO of the firm for now. Prior to promotion of Alicia Ziomek as the firm’s CEO, OLGA Lampadaridou served as the firm’s CEO.

However, according to the information is her LinkedIn profile – Olga still retains her role as CEO. Neither the firm’s LinkedIn page nor, the report in Financemagnates website has any information regarding Olga’s resignation or transfer to different role or firm. We at have reached out to the firm regarding Olga’s role at the firm moving forward, but we are yet to get a reply on same. Prior to her tenure at UGL Exchange which began last year, Alicia served as the compliance officer for forex trading firm FXGlobe for a period of 7 months. And prior to FXGlobe, Alicia was a part of BDSwiss where she served as Head of Back Office for 8 months and was then promoted to Anti-Money Laundering & Compliance Officer role. Before her entry into Capital Markets sector, she pursued a career in law and served as Trainee Lawyer and Civil Litigator at law firm Evangelos Pourgourides LLC.

Ziomek has been a part of UGL exchange since its debut back in June 2018. The firm is registered and licensed as an investment firm under the regulatory authority of Cyprus more commonly known as CySEC ( The Crypus Securities and Exchange Commission) and specializes in providing brokerage and trading services for Forex assets. While Cyprus is considered as an ideal location by most players in the market for expanding and establishing a business in the European market, it is not easy for firms to succeed in the same. When it comes to FX business and dealer-broker activity, Cyprus has been growing increasingly strict off-late. This is further highlighted by a recent announcement made by CySEC via which it has stated that ESMA CFD and Binary Options rules apply to both EU and Non-EU clients regardless of their home/office location as long as their business is with a CySEC regulated financial firm.

Please feel free to let us know what you think in the comments below.