Buying and selling 212 Head of Product Sergei Riabov has left his function,
six months after becoming a member of from Revolut. He confirmed his departure in a LinkedIn
replace and outlined plans to give attention to synthetic intelligence.
Brief Tenure at Buying and selling 212
Riabov joined the brokerage final December. He labored on
product growth, platform enhancements, and AI-related initiatives. He mentioned
the corporate moved rapidly and relied closely on knowledge to information choices.
“Six months in the past, I wrote about why I used to be becoming a member of. Trying
again, I genuinely love what we inbuilt such a brief window – from a number of new
merchandise and enhancements we shipped to very large progress on AI transformation,” he
mentioned.
The setting is uncommon: the tempo the corporate strikes at, the
depth of knowledge, and groups genuinely open to studying and taking up onerous
challenges. Focus Shifts to AI.”
Riabov mentioned speedy modifications in synthetic intelligence
influenced his resolution to go away. He plans to review how the AI sector develops
and establish areas value pursuing. He’ll proceed working as an advisor whereas
exploring alternatives in AI.
Earlier than Buying and selling 212, Riabov held senior roles at Revolut. He
led the Wealth and Buying and selling division, overseeing product, technique, and
operations. Throughout his time there, the enterprise elevated activated customers and
improved retention.
He additionally led product technique for buying and selling providers, together with
the launch of CFDs, ETFs, bonds, and robo-advisory instruments. Earlier in his
profession, Riabov labored at Tinkoff.
Buying and selling 212 Posts Document Development
In the meantime, Buying and selling 212 continues to broaden quickly within the UK, reporting a 72% bounce in 2025 income to £277.6 million. Pre-tax revenue rose
to £123.1 million from £52.9 million and internet revenue reached £92.2 million.
The dealer generated practically £257 million from buying and selling
actions and £20.6 million from consumer curiosity earnings, with a further
£1.68 million coming from debit playing cards, although it didn’t break down income
between its CFD and inventory buying and selling companies.
Buying and selling 212 has additionally expanded its product providing within the UK
after securing FCA authorization to launch self-invested private pensions
(SIPPs), marking a transfer it had first signaled as early as 2020. The approval,
granted in February 2026, permits the dealer to faucet right into a rising DIY pension
market, the place greater than 6.5 million customers handle round £650 billion in belongings,
and contains the flexibility to supply crypto exchange-traded notes inside its
pension product.
This text was written by Jared Kirui at www.financemagnates.com.
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