Trading 212 Group Expands Board: Adds Sina Mostafavi as the Newest Non-Executive Member
<p dir="ltr">London-based Trading 212 Group Ltd, the company that oversees the Trading 212 brand's subsidiaries, has onboarded Sina Mostafavi as a Non-Executive Director, starting this month.</p><p dir="ltr">Trading 212 Board</p><p dir="ltr">Other sitting members on the board of Trading 212 Group are Ivan Ashminov, Andrew Bole, Mukid Chowdhury, George Mantilas, and Borislav Nediaklov. Chowdhury is also helming the brand as the Chief Executive Officer, George Mantilas is the Chief Operating Officer, and Ashminov and Nediaklov are the two co-founders of the brand.</p><p dir="ltr">Trading 212’s <a href="https://www.financemagnates.com/forex/trading-212-uks-2022-revenue-gain-could-not-hold-9-profit-slip/">UK business is the primary revenue generator</a> that brought in more than £98.7 million in revenue last year. However, the rest of the entities <a href="https://www.financemagnates.com/forex/non-uk-trading-212-entities-in-2022-sharp-revenue-drop-and-loss/">only generated annual revenue of £16.2 million</a> in 2022.</p><p dir="ltr">A Seasoned Executive and Board Member</p><p dir="ltr">Mostafavi is a familiar face of the brand as he was a Non-Executive Director at the Swedish entity of <a href="https://www.financemagnates.com/tag/trading-212/">Trading 212</a> between July 2022 and October 2023, according to his LinkedIn profile.</p><p dir="ltr">In addition to his role at Trading 212, he holds positions as a Non-Executive Board Member on several other company boards. These include Aktieinvest, Söderberg & Partners, and Roslagens Sparbank, all of which are based in Sweden. As seen on his LinkedIn profile, he also indicates his involvement on the board of the Danish and Finish subsidiaries of Söderberg & Partners.</p><p dir="ltr">On top of that, he is the Chair of three Danish companies: PrivatPension, Hansson & Partners, and Söderberg & Partners Pensionsmægler. Furthermore, he owns and heads ClearRock AB, an advisory firm for corporate governance of investment firms and fund management companies.</p><p dir="ltr">Apart from his board experience, Mostafavi has extensive executive expertise from roles at top financial services brands. He had a short eight-month stint at Stockholm-based Forex Bank as the Interim Head of Anti Financial Crime and Store support, from which he parted in May 2021. Before that, he was the CEO at Aktie-Ansvar.</p><p dir="ltr">His other financial services industry experience includes being the Chief Risk Officer at JRS Asset Management and Chief Risk Officer at Garantum. He also joined Alfred Berg in early 2009 as a Compliance Officer and was later promoted to Chief Risk Officer. He started his career as a Credit Risk Management Analyst at SEB Kort and later joined Carnegie Investment Bank as a Risk Officer.</p>
This article was written by Arnab Shome at www.financemagnates.com.
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