Saxo Bank Taps Søren Kyhl as Group COO
- In his newly created role of COO, Mr. Kyhl will be tasked with assuming the responsibility and oversight of Saxo Bank’s daily operations and execution.
Saxo Bank has announced the latest appointment to its executive team, adding Søren Kyhl as its newest Chief Operating Officer (COO) and member of the Management Board, according to a Saxo Bank statement.
Despite the announcement, Mr. Kyhl’s appointment will take effect on January 1, 2016. In his newly created role of COO, Mr. Kyhl will be tasked with assuming the responsibility and oversight of Saxo Bank’s daily operations and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co . Moreover, he will be managing a number of the bank’s integral operations, including its digital experience, Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t , and data science.
The appointment of Mr. Kyhl is the latest move at Saxo Bank, following the recent announcement that the bank's Non-Executive Chairman, Nick Beecroft, was stepping down from his position to pursue other non-executive opportunities. In his stead, Saxo Bank added Anthony Belchambers who was appointed as its Non-Executive Chairman of the Board.
Furthermore, Mr. Kyhl will also be listed as a member of Saxo Bank’s Management Board, alongside co-CEOs and founders Kim Fournais and Lars Seier Christensen and Steen Blaafalk, Group Chief Financial and Risk Officer.
Mr. Kyhl joins Saxo Bank with a wealth of experience in the financial services realm. He most recently worked as the Head of Transaction Banking and COO in C&I (Corporates and Institutions) at Danske Bank for thirteen years. Additional roles at Danske Bank include time as its co-Head and Global Head of Sales of Danske Markets and Global Head of Research, Quant and Business Development.
According to Saxo Bank’s Co-founders and Co-CEOs Kim Fournais and Lars Seier Christensen in a recent statement on the move, "The appointment of Søren Kyhl will significantly strengthen the organisation in terms of both digital and operational development and efficiency, which is the core focus of Saxo Bank’s business.”
“With Søren Kyhl on board we have a strong team in place to support and deliver on our ambitions for continued growth. His unique expertise and experience will be invaluable as we continue the build out of our business in the digital age,” they added.
Saxo Bank has announced the latest appointment to its executive team, adding Søren Kyhl as its newest Chief Operating Officer (COO) and member of the Management Board, according to a Saxo Bank statement.
Despite the announcement, Mr. Kyhl’s appointment will take effect on January 1, 2016. In his newly created role of COO, Mr. Kyhl will be tasked with assuming the responsibility and oversight of Saxo Bank’s daily operations and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co . Moreover, he will be managing a number of the bank’s integral operations, including its digital experience, Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t , and data science.
The appointment of Mr. Kyhl is the latest move at Saxo Bank, following the recent announcement that the bank's Non-Executive Chairman, Nick Beecroft, was stepping down from his position to pursue other non-executive opportunities. In his stead, Saxo Bank added Anthony Belchambers who was appointed as its Non-Executive Chairman of the Board.
Furthermore, Mr. Kyhl will also be listed as a member of Saxo Bank’s Management Board, alongside co-CEOs and founders Kim Fournais and Lars Seier Christensen and Steen Blaafalk, Group Chief Financial and Risk Officer.
Mr. Kyhl joins Saxo Bank with a wealth of experience in the financial services realm. He most recently worked as the Head of Transaction Banking and COO in C&I (Corporates and Institutions) at Danske Bank for thirteen years. Additional roles at Danske Bank include time as its co-Head and Global Head of Sales of Danske Markets and Global Head of Research, Quant and Business Development.
According to Saxo Bank’s Co-founders and Co-CEOs Kim Fournais and Lars Seier Christensen in a recent statement on the move, "The appointment of Søren Kyhl will significantly strengthen the organisation in terms of both digital and operational development and efficiency, which is the core focus of Saxo Bank’s business.”
“With Søren Kyhl on board we have a strong team in place to support and deliver on our ambitions for continued growth. His unique expertise and experience will be invaluable as we continue the build out of our business in the digital age,” they added.