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Financial Services

Argentex co-CEO steps down

Carl Jani has resigned from the role with immediate effect, while fellow co-CEO Harry Adams will now assume the role on a solo basis

Argentex Group PLC (LON:AGFX) said Carl Jani has resigned and stepped down from his role as co-chief executive.

The provider of foreign exchange services said current co-CEO Harry Adams will now assume the role of the firm’s sole CEO with immediate effect.

"On behalf of the board, I'd like to thank Carl for his significant contribution to Argentex. He has overseen the group's growth story with Harry from its very beginning, culminating in the successful IPO in 2019 and the leading position it commands in the FX market today”, chairman Digby Jones said in a statement.

“Harry will take sole responsibility of an established management team which has the depth of experience needed to fulfil the group's growth potential and I am confident they will continue to deliver long-term value for employees, clients and shareholders alike", the chair added.

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