Sami Hamed has been appointed as the new Chief Executive
Officer at Admirals on its branch in Jordan, Admiral Markets Jordan. The news
was known via an update on LinkedIn.
Prior to his new role at Admirals, the executive worked as
Chief Executive Officer at Noor Al Mal in Jordan for almost three years. In
addition, Hamed was the General Manager for over five years at Golden Royal
Index in the United Arab Emirates.
Between 2008 and 2011, he was the General Manager of Winsor
FX in Jordan, and prior to that, he worked for almost four years as Business Partner
and Customer Service Manager at One Word Broker. Moreover, between 1994 and
1999, Ahmed served as Customer Service Officer and Teller Officer at The
Housing Bank for Trade & Finance.
He holds a Bachelor’s degree in Economics as a Major, Financial
Banking as a Minor, and a Master’s degree in Economics. There is no word from
Sami Hamed as of press time regarding his appointment as CEO of Admiral Markets
Jordan.
Admirals Saw 43% Decline in 2021 Revenue
Early this month, Admirals Group AS (formerly Admiral
Markets Group), which operates FX and CFDs broker brand Admirals, reported a 43%
decline in its annual revenue for 2021 as the impact of the Covid-induced
market volatility vanished. Other key financial paraments of the broker also
went down last year.
The group company generated €35.7 million as net trading
income or revenue in 2021, which is down from the previous year’s record €62.2
million. Out of the total 2021 revenue, €18.4 million came in the first half of
the year, while the rest was €17.3 million in the second half.
With EBITDA shrinking 96% to €1 million, the total net
profit came in at €0.1 million, down from €20.7 million in the prior year. The
net profit per share of the company shrank 8.2% to €0.1%.
Sami Hamed has been appointed as the new Chief Executive
Officer at Admirals on its branch in Jordan, Admiral Markets Jordan. The news
was known via an update on LinkedIn.
Prior to his new role at Admirals, the executive worked as
Chief Executive Officer at Noor Al Mal in Jordan for almost three years. In
addition, Hamed was the General Manager for over five years at Golden Royal
Index in the United Arab Emirates.
Between 2008 and 2011, he was the General Manager of Winsor
FX in Jordan, and prior to that, he worked for almost four years as Business Partner
and Customer Service Manager at One Word Broker. Moreover, between 1994 and
1999, Ahmed served as Customer Service Officer and Teller Officer at The
Housing Bank for Trade & Finance.
He holds a Bachelor’s degree in Economics as a Major, Financial
Banking as a Minor, and a Master’s degree in Economics. There is no word from
Sami Hamed as of press time regarding his appointment as CEO of Admiral Markets
Jordan.
Admirals Saw 43% Decline in 2021 Revenue
Early this month, Admirals Group AS (formerly Admiral
Markets Group), which operates FX and CFDs broker brand Admirals, reported a 43%
decline in its annual revenue for 2021 as the impact of the Covid-induced
market volatility vanished. Other key financial paraments of the broker also
went down last year.
The group company generated €35.7 million as net trading
income or revenue in 2021, which is down from the previous year’s record €62.2
million. Out of the total 2021 revenue, €18.4 million came in the first half of
the year, while the rest was €17.3 million in the second half.
With EBITDA shrinking 96% to €1 million, the total net
profit came in at €0.1 million, down from €20.7 million in the prior year. The
net profit per share of the company shrank 8.2% to €0.1%.
Source: https://www.financemagnates.com/executives/moves/admirals-appoints-sami-hamed-as-new-ceo-of-its-branch-at-jordan/