Admiral Markets Files Termination of Appointment of Co-founder Dmitri Laush

Estonia-based Admiral Markets AS, operating with the tradename Admirals, has terminated its relationship with Dmitri Laush as Director. According to the UK Companies House’s website, a termination of appointment has been issued on Wednesday.

According to his LinkedIn profile, Laush has been serving for over 18 years as a member of the Board of Directors and Co-Founder. Nowadays, he’s also the co-founder of GetID, a Know-Your-Customer (KYC) and Anti-Money Laundering (AML) aggregated services provider.

Moreover, he’s also listed as a member of the Estonian Business Angels Network (EstBAN), as Laush is an active entrepreneur in Tallinn, Estonia, having co-founded plenty of different companies. However, as of press time, there is no official statement from Admiral Markets nor Laush about the termination of appointment listed in the UK Companies House, which was made through Admiral Markets UK LTD.

Recent Departures

The move comes after the firm announced late in June that Victor Gherbovet, who was the group’s Co-Chief Executive Officer and a member of the Management Board, resigned. He parted ways from Admiral Markets after spending a long 13 years with the company in several roles. He joined the broker as the Director of its Romanian branch in 2008 and later became the ESEU General Manager. He began serving on the Management Board in July 2020 and was promoted to the shared apex role last March.

“We are extremely grateful to him for the years he was part of the Admirals team. His contribution to the development of the company has been enormous, and together we have celebrated great victories, learned valuable lessons, and approached the long-term goals we have set ourselves as a company,” Sergei Bogatenkov, Admiral Markets CEO, said on Gherbovet’s departure.

Admiral Markets also recently revealed its unaudited six-month financial results for 2021, witnessing 82% more applications than in 2020 and 451% more than in the first semester of 2019.

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