XTB Management Board Member Withdraws Resignation, Ensuring Continuity
In a significant update for one of Europe’s prominent retail FX and CFD brokers, XTB S.A. (WSE:XTB) has confirmed the withdrawal of a recent board resignation. The company disclosed that on 31 March 2026, it received a formal statement from Jakub Kubacki retracting his earlier resignation from the position of Member of the Management Board, which he had initially submitted on 3 March 2026.
Context: A Long-Standing Executive’s Departure and Return
Jakub Kubacki is a deeply familiar figure within XTB’s Warsaw headquarters. His tenure with the company spans 16 years, during which he has served as the Head of Legal since 2018. His initial resignation, cited as being due to “important personal reasons,” had prompted attention given his long service and critical role overseeing legal affairs for a regulated financial institution.
The swift reversal, however, underscores a commitment to stability at the executive level. The XTB Supervisory Board acted promptly on the same day, 31 March 2026, to acknowledge Kubacki’s withdrawal statement and grant its formal consent for him to remain on the Management Board.
Formal Confirmation and Continued Mandate
Because the effective date of the original resignation had not yet been reached, the continuity of Kubacki’s mandate was maintained without interruption. Consequently, the Supervisory Board confirmed his appointment as a Member of the Management Board specifically for Legal Affairs. This appointment aligns with the duration of the current joint term of the Management Board, which runs from 2 July 2025 until the end of 2 July 2028.
Furthermore, as the composition of the Management Board remains unchanged, the Supervisory Board also reaffirmed its prior suitability assessments. This includes both the individual suitability assessment of Jakub Kubacki and the collective suitability assessment of the entire Management Board, both of which were originally conducted on 25 June 2025.
