LeapRate Exclusive… LeapRate has learned via regulatory filings made in Poland that Warsaw-based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com retail forex brokerage as well as the X Open Hub platform business, has decided to promote from within in replacing recently departed CEO Jakub Maly.
At the time, XTB co-founder Jakub Zablocki stepped in temporarily as CEO. The company also promoted Mr. Arnaout and Philip Kaczmarzyk to XTB’s Management Board. Mr. Arnaout had most recently been regional director for XTB Poland, Germany, Hungary and Romania. Mr. Kaczmarzyk is Director of Trading at XTB.
We expect the company to make a formal announcement shortly, introducing Mr. Arnaout as its new permanent CEO, and head of XTB’s four-person Management Board.
Omar Arnaout has been with the XTB group since 2007, starting as a Junior Dealer and working his way up the ranks since. He holds an MA degree in Banking and Finance from the Warsaw School of Economics.