Teletrade EU Appoints Ilya Frolov as Head of Portfolio Management

Teletrade-DJ International Consulting Ltd (TeleTrade EU), a multi-award-winning, EU licensed and CySEC-regulated CFDs broker, has today announced the appointment of Ilya Frolov as Head of Portfolio Management.

Ilya Frolov has extensive experience in leading investment banks. Before joining TeleTrade EU he was the Director of the Research Department and Head of Investment Strategy at Gazprombank, where he was responsible for constructing and implementing trade ideas, providing advisory services for asset allocation, while also being part of designing portfolio management with institutional and HNWI’s clients.

Before joining Gazprombank, Ilya held the position of Deputy Head of Research at Promsvyazbank and Senior Equity Analyst at Sberbank of Russia.

Ilya Frolov graduated from the State University of Management (Moscow) in 2006 and has qualified for the FSFM 1.0 and CySEC Advanced certificates.

Ilya Frolov, Head of Portfolio Management, TeleTrade EU comments:

“TeleTrade EU is an undisputable market leader in its field, and I am proud to be part of a motivated team of ambitious professionals who make up a company which has a strong track record navigating markets and delivering to clients. “

“As the market’s volatility has increased since the pandemic and regulations are becoming stricter, TeleTrade EU is seeking to diversify its investment business towards more conventional areas. I will focus on the expansion of TeleTrade EU in such business lines as proprietary trading, portfolio management and investment advisory.”