Admirals poaches Daniel Skowronski as chief revenue officer

abdelaziz Fathi

FX brokerage firm Admirals (formerly Admiral Markets) has appointed industry veteran Daniel Skowronski as its Chief Revenue Officer (CRO).

In his new position, Daniel will play a critical role in developing and executing revenue generation strategies, driving sales growth, optimizing profitability, and ensuring the overall financial success of Admirals.

Daniel is a seasoned financial services industry professional with over 30 years’ experience cutting across FX, FinTech, banking and digital asset industries. Throughout their career, he held executive roles, including CEO positions, at reputable trading firms, banks and CFD/FX brokers. That helped him acquire extensive knowledge in compliance, trading, technology, marketing, KYC & AML, client acquisition, data analytics, custody, payments, blockchain, DeFi, and risk management.

Driven by a passion for artificial intelligence, machine language learning, blockchain, and cryptocurrencies, Daniel embarked on entrepreneurial ventures. In 2015, he founded YIPO Technologies, a company focused on leveraging the power of AI. Furthermore, he co-founded DX.Exchange, a blockchain-based trading platform that that was later acquired by Fabriik Group.

Most recently, Daniel had led the crypto division of Squared Financial USA since January 2022. He steps into the new role as Chief Revenue Officer at Admirals with immediate effect and will be based out of London.

Admirals revealed earlier in May its intention to merge with its Estonian subsidiary, Admirals Markets AS. The anticipated completion of the merger is set for the first half of 2024.

As part of this plan, the company aims to revoke the subsidiary’s investment company license in Estonia, potentially by August 2023.  Admirals said the decision to restructure arises from “the fundamental need and strategic decision” to expand its global presence.

Admirals Group AS boasts a physical presence in 18 countries through its subsidiaries, which serve clients in over 145 countries.

Despite the ongoing restructuring, Estonia remains a crucial strategic location for Admirals Group. The company reaffirms its commitment to the country by maintaining its headquarters in Tallinn, where it currently employs over 100 professionals. Additionally, Admirals Group’s lending platform, MoneyZen, will remain regulated by the Estonian financial authority.

Earlier in April, Admirals opened a new office in Nigeria as part of its growth strategy to solidify its position as a key financial services provider in Africa. The milestone comes less than a year after Admirals SA (PTY) Ltd, an operating subsidiary of Admirals, received regulatory approval to offer CFDs trading to investors in South Africa.

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