Elina Pedersen resigns as Admiral Markets UK CEO

Admiral Markets UK Ltd has just submitted a regulatory filing, which shows that Elina Pedersen has resigned as Chief Executive Officer of the UK retail Forex broker. The resignation is dated March 15, 2015.

Miss Pedersen assumed the role of CEO at the company in August 2012 and she has played a vital role in helping the broker acquire a license from the Financial Conduct Authority (FCA), as well as build the brand in the UK.

Previous roles of Miss Pedersen include that of Chief Marketing Officer at Admiral Markets Group, a role she held from September 2011 to March 2014. Before that she was Advertising Manager at AS Admiral Markets – a position she held from May to September 2011.

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According to Admiral Markets UK financial report for 2014, the company generated revenues of £463,828 in 2014 vs. £42,404 in 2013, whereas pre-tax profit for 2014 was £4,522 in 2014 vs. a loss of -£54,349 in 2013. Company net assets at the end of 2014 amounted to £207,673 vs. 2013 when they stood at £135,652.

To view the regulatory filing about Miss Elina Pedersen’s resignation, click here.

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