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Michael Geiger becomes CEO of FOREX CLUB Group of Companies

July 30thFOREX CLUB announces the appointment of Michael Geiger as the Group of Companies CEO and Chairman of the Management Board. Formerly, Michael Geiger was Executive Vice President and CFO of FOREX CLUB Group of Companies.

In his new position as CEO, Michael Geiger will focus on managing the Group of Companies and strengthening FOREX CLUB’s market position, particularly through the development of services for the MetaTrader4 trading platform and the proprietary trading and investment terminal LibertEx with its new version officially launched on 24th June 2015. The terminal acts as a “one stop shop” accessible from all desktop and mobile devices and enables the user to invest in the most popular financial instruments, such as global stock indexes, shares of industry leaders, energy commodities, metals, currencies, and other instruments. The key advantage offered by LibertEx is that all aspects of trading and investment, such as spread, margin, lots, are placed inside the system’s core.

Vyacheslav Taran, former Group of Companies CEO and the Board of Directors, retains his position as Chairman of the Board of Directors of FOREX CLUB Group of Companies and will keep being involved in FOREX CLUB’s strategic development.

Michael Geiger became part of the FOREX CLUB team in 2011 as Deputy CFO. In 2013 he was promoted to CFO, and in 2014 – appointed Executive Vice President of FOREX CLUB Group of Companies. With his work, Michael  has made a significant contribution to the Company’s development.

Before joining FOREX CLUB, from 2005 to 2011, Michael held a number of positions, including Senior Audit Consultant with Ernst&Young, a Big Four firm. He supervised and participated in audit and consulting projects for a wide range of clients – from local companies to leading multinational corporations operating in FMCG, telecommunications, car manufacturing, pulp and paper production, retail and wholesale, various manufacturing industries.

Vyacheslav Taran, Chairman of the Board of Directors of FOREX CLUB Group of Companies, said, “Michael Geiger has earned himself an excellent reputation as a result of his work as CFO and Executive Vice President of FOREX CLUB Group of Companies. Thanks to his experience and skills, the Company is now in good shape and ready for new challenges and achievements”.

Michael Geiger commented on his appointment, “I am confident that relying on the professionalism and experience of FOREX CLUB’s team of managers, together we will be able to further strengthen the Company’s market position. Among the projects that will help us attain new heights I would like to mention our proprietary trading and investment terminal LibertEx that offers a possibility to invest in the most promising assets worldwide literally in just several clicks”.



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